Discussion on Russia and UK's Economy

Still doesn't explain why Russia would wanna pick a fight with

Britain. It's got a much

larger economy than Britain's by, I think, basic me-

No, it hasn't. No, no, no, it hasn't got a larger economy than

Britain.

It's got a smaller economy than Britain's.

No, it has much-

It's got larger, it's got larger military, but it-

But it's a much larger economy. It has m-

No

... much more wealth and resources-

It's, it's

... and a much larger manufacturing sector.

Its GDP is smaller than the UK's.

Yeah, but G-

It's about, it's about the same

... GDP is not, I mean-

No

... the only measure of an economy.

It's-

So Russia-

... a pretty important measure of an economy.

No.

The, the, the Russ-

It's one measure. We can agree whether it's important.

R- R- Russia is, Russia's an economic failure.

Okay.

That it could have a huge economy,

but it's got a small economy because it's deeply corrupt,

and it hasn't managed to use its resources effectively.

Uh, and the, so although the population of Russia

is bigger than

that of the United Kingdom, very significantly, its GDP per capita is

so much lower that the total GDP of Russia is smaller than

that of the United Kingdom.

Right.