Don't worry, we're working as hard as we can to fix that.

I actually find it surprising that London only beats out Sweden by some 20% or so. See, Sweden has less people than London, and London is all high-infrastructure area, and a huge financial hub.

In the U.S. The state of texas alone has a higher GDP than Russia

@Tronmike82 Nominal, but not purchasing power parity. Note that even New York (#3 slot) bests Russia in nominal GDP, and Florida (#4) isn't vastly behind In terms of PPP, California + New York bests Russia.

I wonder if this is still true post-Brexit.

@stewy497 Currently it is, because it's not fully in effect. In couple of years when it's done it might be something very different. For now UK is still working with EU because just killing all EU trade instantly would fuck up both EU and UK something fierce.

Well to be fair, that's in large (most?) part due to the financial sector that might soon be moving because of Brexit.

I guess we'll need to check back in about 5 years or so and see where the figures stand then.

@Nisse_Hult yup, the ending fallout would be amazing, I'm just gonna make some Smores and toast here on my end!

@LuxVertas

OK, I'll bite - what say your crystal ball of the future then, since you seem to think you know?

@Nisse_Hult to quote Clinton's Presidential Campaign: "it's the economy stupid"

in several years the UK economy, which is not that big to begin with, will shrink as more companies either wait and see what will happen, just not expand or just not fully Utilise the UK market.

as the economy becomes uncertain money becomes tighter and so the economy doesn't have as much money flowing through it as it should. again shrinking the economy.

The UK's Credit rating is down to AA rather than AAA, small but still a big impact in getting foreign financing.

Also with freedom of movement up in the air. many companies can not bring in foreign workers, from low skill to specialists it would be hard to gain workers for the economy. Also Tourism would also face a shortfall as anyone who tried to get a Visa knows how much of an arse ache it is to get a Visa so the usual Brits on holiday would certainly impact not just the UK economy but Spanish, Greek, Portuguese and several other nations. Granted other nations like France and Germany may fill the void but it's hard to say...

So with the economy stagnating or shrinking... people are gonna get pissed as they are not getting enough cash! It's gonna be fun!

@LuxVertas

So you think Brexit will be bad for London and thus Britain, you're British yourself - but you still seem to think this is fun?

So your comment is gallows humor then?

Also, regarding the drop in credit rating - the worst consequences of a drop in those isn't actually that it'll be harder to secure future foreign financing.
The problem is that the interest on the national debt already incurred will go up, meaning that years of austerity will be a total waste as the debt increases more then you've payed off.

If Britain then decides - as some of the extreme Brexiter's want - to renege on it's promises on spending to joint EU projects, the credit rating will plummet as credit agencies and the world realizes that Britain no longer intends to honor her debts.
As that's what the credit rating is for in the first place - rating how trustworthy a nation is on repaying it's debts.

@Nisse_Hult Crisis equals opportunity, how'd you think we got the office of Prime Minister? Delegation of power, NO! Robert Walpole exploited the collapse of the South Sea Exchange bubble to build a reputation for himself! Besides we spent FAR too long benefiting the fruits of democracy, sadly it only works if you, as a citizen, are invested into the system and too many idiots are more concerned with swallowing Pizza and masturbating to some celebrity... And the Financial systems are so complex it only works to benefit a handful of people.

We, as a society and species need a good, hard, solid slap to make us realise that it is the 21st century almost 100 years ago we had the Great War to be that bitch slap, perhaps our systems crashing down around us will be this centuary's catastrophe... but oh well!

@LuxVertas Aye the collapse of the city of London will work out pretty well for us overall. If we're lucky all those banks will fly over to Brussels and begin strangling their government leaving ours free to start demanding tolls for shipping passing through the strait of Gibraltar.

@FreeYourHate at least scare the shite out of the normies who have no idea how a scary eldritch of an abomination that is modern economics!

@LuxVertas We need to do a Hitler before they run though and seize all the Rothschild family assets in the UK, there's so much here we'd probably be able to just buy the EU.

@Nisse_Hult
"you're British yourself - but you still seem to think this is fun?"

You do realize that almost half of what a Brit says legally has to be sarcasm right?

London produces 22% of the UK's $2,749 trillion GDP

https://en.wikipedia.org/wiki/Economy_of_London
https://en.wikipedia.org/wiki/Economy_of_the_United_Kingdom

... which would be about $604B USD. Sweden's GDP is $570B and Belgium's is $535B:

https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Europe_by_GDP_%28nominal%29

Verdict: True

So is its population.

But compare per capita (adjusted for cost of living) probably lower or the same

COIN SLAP