"France now richer thank UK in world ranking"

Britannist · 13-01-2008, 01:06 AM

France now £70bn richer than Britain, overtaking us in World rich list | the Mail on Sunday

Britannist · 13-01-2008, 01:07 AM

Bried extract from the article on the link in the first posting to this thread:

"Although Britain's GDP is still marginally larger than France's, it is the falling value of the pound against the euro that is immediately responsible for the place swap."

harryaldridge · 13-01-2008, 12:03 PM

It is a non-story. Of course when measured like that GDP will fluctuate.

What matters is GDP/Capita at Purchasing Power Parity.

Oh, and since when did France become immune from the global credit crunch?

13-01-2008, 01:06 AM	#1 (permalink)
Britannist Uber Member Join Date: Jun 2005 Location: London Posts: 22,896	"France now richer thank UK in world ranking" France now £70bn richer than Britain, overtaking us in World rich list \| the Mail on Sunday

13-01-2008, 01:07 AM	#2 (permalink)
Britannist Uber Member Join Date: Jun 2005 Location: London Posts: 22,896	Brief extract Bried extract from the article on the link in the first posting to this thread: "Although Britain's GDP is still marginally larger than France's, it is the falling value of the pound against the euro that is immediately responsible for the place swap."

13-01-2008, 12:03 PM	#3 (permalink)
harryaldridge Senior Member Join Date: Oct 2005 Location: West Sussex Posts: 1,912	It is a non-story. Of course when measured like that GDP will fluctuate. What matters is GDP/Capita at Purchasing Power Parity. Oh, and since when did France become immune from the global credit crunch? __________________ http://vindicovindico.blogspot.com

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