In response to the following BBC article, quote:
UK expected to be only major economy to shrink in 2023 - The UK economy will shrink and perform worse than other advanced economies, including Russia, as the cost of living continues to hit households, the International Monetary Fund has said.
https://web.archive.org/web/20230131123012/https://www.bbc.com/news/business-64452995
Source of the take: https://knockout.chat/thread/45630/1#post-1657405
Here’s the full thing if people are interested: https://michael-hudson.com/2022/12/china-the-change-agent-patreon-qa-3/