The UK's Decaying Economy: A Country Without Solutions?

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#UK #Economy #Crisis

Пікірлер: 807

  • @youcantata
    @youcantata26 күн бұрын

    But UK has the lowest engineering degree ratio of college graduates among major economies. Manufacturing competitiveness is hard to restore once lost. It takes lots of infrastructure, time, expertise, talents, etc. No country has succeeded in "re-industrialization" after post industrial economy. Even USA couldn't

  • @abrin5508

    @abrin5508

    25 күн бұрын

    UK engineers are great at custom high end stuff with deep thinking. That's why you'll find them working everywhere else as the UK market is a bit rubbish. I'm in the USA market and have outsourced a lot - anything difficult goes to UK (or easier to go to UK engineer living somewhere else) but they underprice big time.

  • @MrIcetiger93

    @MrIcetiger93

    25 күн бұрын

    Tesla did it

  • @abdul-razakabasssaeed1857

    @abdul-razakabasssaeed1857

    25 күн бұрын

    @@MrIcetiger93 Tesla did what. It is struggling now to compete with Chinese EV companies.

  • @jamesprivet

    @jamesprivet

    25 күн бұрын

    Even if you got an engineering degree you won't get a job as an engineer in the UK. And even if you did the wage and conditions will be utterly pitiful.

  • @trevormcdonald385

    @trevormcdonald385

    24 күн бұрын

    Why would any country inflict this upon itself that’s what I don’t get

  • @burropoco
    @burropoco26 күн бұрын

    As Mum used to say, "they know the price of everything and the value of nothing". Everything here in the UK is done as shoddily as possible, or not all! so as to extract the most possible profit.

  • @Freedom_from_imp

    @Freedom_from_imp

    25 күн бұрын

    That explains the hs2.

  • @23merlino

    @23merlino

    25 күн бұрын

    exactly, your comment can't be repeated often enough...

  • @paulinegeorge289

    @paulinegeorge289

    24 күн бұрын

    The UK's current government and many major firms are corrupt. Sleazy contracts, stolen money...

  • @mizanrahman5194

    @mizanrahman5194

    19 күн бұрын

    She is 💯 right.

  • @culaterw41pr

    @culaterw41pr

    18 күн бұрын

    Indeed... Why do a proper job when you can keep scamming in perpetuity the tax payer i.e. you and me...

  • @23merlino
    @23merlino25 күн бұрын

    everything in britain is short-term whether they are political or economic decisions...

  • @willsham45

    @willsham45

    10 күн бұрын

    The joys of a democracy. Where we have career politicians whos only stress is the next election. Who cares what I put in place today the next guy can implement it or deal with the backlash as it does not.

  • @23merlino

    @23merlino

    10 күн бұрын

    @@willsham45 - agreed... it's akin to a pendulum clock...

  • @gaztambo139
    @gaztambo13913 күн бұрын

    Nearly all of our economic problems stem from property prices being too high. Nobody has disposable income anymore. Stop property prices increasing for the next 10 to 15 years and allow wages to catch up (so average house price are 3x average salary again, instead of 7x), then prevent property prices from ever increasing faster than wages again, which was a stupid idea in the first place.

  • @samer1900
    @samer190026 күн бұрын

    The main problem in the UK is depression….its feels like a sick society… everyone depress to clinical level… young and old… 10 million today in a working age r economically inactive.. that they r not working neither looking for a job… one forth of working age population r on benefits… even more scary,, another 10 millions who actually working r suffer from depression, stress and anxiety and chronic pain which is likely due to mental problem… if these 10 millions left work, the UK would bankrupt.. today 23 millions receive social benefit… on average of 15 thousands pound per person..theres no economical module can support this… imagine if these 340 billion of pound spent on benefit would spend on investment, UK would be richer than any other nation… depression in the UK caused by multifactorial causes..weather,, ppl,, regulations and legislations,, social breakdown,, relationship breakdown and economy uncertainty… ppl and the government should work to sort out these issues… apart from the weather which ganna stay miserable forever

  • @baronvonjo1929

    @baronvonjo1929

    26 күн бұрын

    A lot of those issues are cronic issues here in the US. Other developed countries too I believe from what I've seen. I doubt many countries citizens think their nations and lives are going in a postive direction.

  • @joeschmoe5583

    @joeschmoe5583

    26 күн бұрын

    Best comment. Cheers from California which is experiencing something similar.

  • @DavidHalko

    @DavidHalko

    25 күн бұрын

    Yep… breakdown of the family by government incentivizing breakups instead of allowing economic pressures to incentivize unity, breaks more than it fixes.

  • @WillieFungo

    @WillieFungo

    25 күн бұрын

    @@baronvonjo1929 Can we stop trying to relate every problem in the world to the U.S?

  • @WillieFungo

    @WillieFungo

    25 күн бұрын

    @@joeschmoe5583 No it's not. California's economy and problems are completely different from Britain's. Y'all hear anything negative in the world and try to relate it back to yourselves.

  • @dwshank
    @dwshank24 күн бұрын

    There was a classic line from that Chernobyl miniseries a couple years back. That a lie told owes a debt to the truth and in time that debt is paid. There's something similar going on with economic policy in the UK and elsewhere. Since the end of the Cold war. There were certain assumptions made about the economy and what economic growth meant. There have been multiple opportunities to make course corrections or adjustments to that vision to make growth possible in a way that benefits the entire country. Instead, at every single decision point, leaders decided on the choices that enriched a small chosen few. As each missed opportunity stacks up, the UK is now at a point where changing course is going to be very very hard. The interest is coming due.

  • @culaterw41pr

    @culaterw41pr

    18 күн бұрын

    "at every single decision point, leaders decided on the choices that enriched a small chosen few...." Why? Because they (the rich) wrote the rules aided and abetted by the corrupt politicians... So everything is legal... Simples...

  • @PhilosophicalZombieHunter
    @PhilosophicalZombieHunter26 күн бұрын

    You didn't mention the UK's non-presence in tech which is a high growth industry and you didn't mention the public sector's lack of productivity as dragging productivity down.

  • @Lando-kx6so

    @Lando-kx6so

    26 күн бұрын

    The UK has a massive pressence in tech

  • @PhilosophicalZombieHunter

    @PhilosophicalZombieHunter

    26 күн бұрын

    @@Lando-kx6so Give me an example

  • @koks49045

    @koks49045

    26 күн бұрын

    so which eu countries have like a good presence in tech?

  • @noggynog8214

    @noggynog8214

    26 күн бұрын

    ​@PhilosophicalZombieHunter Arm Holdings which are said to be responsible for 90% of all computer chips.

  • @PhilosophicalZombieHunter

    @PhilosophicalZombieHunter

    26 күн бұрын

    @@koks49045 Technically, EU/UK suck at tech. Germany has SAP and there is a handful of pockets of innovation. But essentially, the EU is a regulatory powerhouse that killed off innovation on the continent.

  • @narutoshippuden3228
    @narutoshippuden322817 күн бұрын

    How is productivity going to be high if hard work is penalised with heavy additional taxation? If I want to dig myself out of loans by taking up weekend/ out of hours work I get obliterated by additional tax. Not much incentive in working overtime/outoff hours here.

  • @zuzanazuscinova5209

    @zuzanazuscinova5209

    13 күн бұрын

    Exactly. This is the issue in Europe in general. Hideous taxes.

  • @IkerAndoni89

    @IkerAndoni89

    8 күн бұрын

    Someone has to pay for all the invaders

  • @waichui2988
    @waichui298825 күн бұрын

    There are always solutions, just not quick solutions. The solutions are known. Ireland was poor 50 years ago; they did the right things and got rich. The British just need to get down to work, to do the things that attract investments. And consume less, and invest the savings into productive assets.

  • @culaterw41pr

    @culaterw41pr

    23 күн бұрын

    You have to factor in EU subsidies and US multinationals using the Irish tax system to game the European tax systems... Yes the people did the hard work but the 2 factors I mentioned were very big drivers for success...

  • @ShadowCastPro

    @ShadowCastPro

    23 күн бұрын

    @@culaterw41pr Also most importantly, it seems nobody in the UK government currently has a plan which extends into anything even slightly inventive. The government is content basically running things as normal and changing policies minimally, in conventional ways.

  • @shard8285

    @shard8285

    22 күн бұрын

    Ireland isn't as rich as it seems, it's pretty much a tax haven for large international businesses.

  • @stevenhenry5267

    @stevenhenry5267

    22 күн бұрын

    Lol. Ireland is not rich. It's a corporate state.

  • @jonsimmons4150

    @jonsimmons4150

    20 күн бұрын

    joined the EU got bailed out, paddys cornershop then had a new bmw on the driveway..thats it! leprechaun economics.

  • @shad0wyenigma
    @shad0wyenigma14 күн бұрын

    I live in the UK and it’s frustrating because I see the potential of my country and how it’s falling behind peer nations. I have 3 things I would focus on: 1 - reducing energy bills (a great way to start would be to get rid of the short sighted ban on onshore wind power that Cameron brought in, because onshore wind is by far the cheapest form of energy in the UK) 2 - I would create government backed venture capital funds that have the goal of supporting 1000 British based unicorns in the next 10 years (we need growth and startups are by far the best at that) 3 - a massive boost in expanding and modernisation in the rail network and a massive expansion in cycling infrastructure, these would have massive benefits in terms of the climate crisis and improved public health which would then boost productivity.

  • @enginelol
    @enginelol26 күн бұрын

    The German economic model only works if you get cheap gas from Russia. Now all their companies are moving to the US

  • @premaider

    @premaider

    26 күн бұрын

    Lol not true. Gas prices are lower than pre war for months now.

  • @jerryorange6983

    @jerryorange6983

    26 күн бұрын

    because of that red policy of making the EU greener. Everybody FO before it's too late to run away from the red dream.

  • @Western_Decline

    @Western_Decline

    26 күн бұрын

    US blows up NordStream and gets Germany’s companies to move there. Pretty smart.

  • @deserteffect1001

    @deserteffect1001

    26 күн бұрын

    They're actually moving to the Arabian Gulf and big time too. There, there's one of the cheapest gaz prices and also zero taxes, so very big cash to be made.

  • @praveen.prasad330

    @praveen.prasad330

    26 күн бұрын

    The US market works due to their ability to borrow without limit based on Dollar monopoly! This model too would meet its doom soon

  • @hemshah1567
    @hemshah15675 күн бұрын

    UK services industry is doing very well. Last week only UK was ranked 4th in world by Total exports ahead of all the European countries. The thing is there are problems in all of the EU countries but UK takes the spotlight (even though it’s doing well) because of the Brexit.

  • @kevinroman988
    @kevinroman98824 күн бұрын

    They never mentioned massive low wage migrantion year after year after year

  • @munaali840

    @munaali840

    24 күн бұрын

    Companies don't want to pay more so they are there to bring down wages. Even public sector does it advertising for doctors nurses and care workers in foreign countries instead of paying more to those striking fir higher pay

  • @salkoharper2908

    @salkoharper2908

    23 күн бұрын

    Yeah, liberally millions of people have arrived from overseas in only a few short years. I'm not really interested in the racist rhetoric, but the mathematical numbers of immigrants should concern any sensible person. If our own youth can't afford housing and get jobs, why are we replacing them with cheap foreign labour in record numbers? Even a blind man can see this is going to obliterate the youth long term. Many are just leaving England now.

  • @fernandobanos7255

    @fernandobanos7255

    20 күн бұрын

    Exactly. And high taxes

  • @johniepatterson3746

    @johniepatterson3746

    16 күн бұрын

    The UK has too many unskilled people many not in work.

  • @hydrolifetech7911

    @hydrolifetech7911

    14 күн бұрын

    Immigration in Germany is orders of magnitude higher than in the UK. Stop punching down

  • @ExcessumGaming
    @ExcessumGaming26 күн бұрын

    I have to agree from my own experience managers are a menace in UK. And that combined with unions and lack of direction ends up in nothing being done or done very poorly, because everyone just looks at whats now not what will be in the future.. It creates situations where rules in a company make no sense and are slowing down productivity and killing any morale still left.

  • @johnlesoudeur3653

    @johnlesoudeur3653

    20 күн бұрын

    And throw in all the DEI woke crap to depress intelligent people.

  • @culaterw41pr

    @culaterw41pr

    18 күн бұрын

    I blame all those presentation slide decks where everything is perfect but does not reflect reality...

  • @johnlesoudeur3653

    @johnlesoudeur3653

    18 күн бұрын

    @@culaterw41pr Especially the ones where the text enters with a whooosh.

  • @ExcessumGaming

    @ExcessumGaming

    17 күн бұрын

    @@culaterw41pr Problem is managers have no incentive or real power to really improve anything. Its not as bad as in Japan system, but its not far behind. Most managers are not even qualified. To stay as a manager its all about sticking with the click, not doing your job correctly. Everyone thats actually doing the work knows whats the issue and how to fix it (most of the time). But it all gets stuck in the middle management for years or never gets done. And if its done it makes things worse as it was more about pleasing someone than doing what makes sense.

  • @culaterw41pr

    @culaterw41pr

    14 күн бұрын

    @@ExcessumGaming Bonus land beckons ...Stick with the status quo...Nobody ever got fired for sticking with the status quo...

  • @soothsayer2406
    @soothsayer240616 күн бұрын

    Britian will become a backwater on the periphery of other Empires again as it once was during the Roman times

  • @zuzanazuscinova5209

    @zuzanazuscinova5209

    13 күн бұрын

    It surely seems that way

  • @ShamileII
    @ShamileII26 күн бұрын

    Very informative video. As a US investor in Britain companies such as British American Tobacco, Unilever amd Legal & General, I like to see where your economy is going. The lack of productivity is also affecting Canada and why it's right behind you. Our lack of fiscal responsibility over here in the US will eventually lead the dollar to follow the pound in weakness.

  • @user-pg2kj7ps7o
    @user-pg2kj7ps7o25 күн бұрын

    The place is an stinking dump. It’s not the island I was brought up in. The place is utterly infested .

  • @chrisquaglio5265
    @chrisquaglio526526 күн бұрын

    Good video, could you do an analysis on Czechia 🇨🇿 I’m interested what you have to say 😊

  • @CarlosSilva-td3nn
    @CarlosSilva-td3nn25 күн бұрын

    Your videos are so very well made and break down extremely complex matters into comprehensive language. Excellent food for the brain! Many thanks from Sao Paulo

  • @Princey92
    @Princey9216 күн бұрын

    It obvious. We pay so much tax yet all public services are privatised

  • @MaZe741
    @MaZe74126 күн бұрын

    5:35 is a weird analysis the graphs show a deviation from the norm, and you're saying it is 30% behind? this is really hard to relate to actual real numbers.

  • @systemx4
    @systemx43 күн бұрын

    Ridiculous house prices, coupled with ridiculous stamp duty tax on money you have already been taxed on! Young people forced to drown in debt

  • @KenEugen
    @KenEugen18 күн бұрын

    Relying on services as the main focus of Britain's economy is probably a risky strategy, since the coming AI revolution will probably wipe out many service jobs, in the same way that Amazon has already devastated high street retail outlets.

  • @Chris-pq3wp

    @Chris-pq3wp

    15 күн бұрын

    Most economies are service related except places like China and india

  • @Ynhockey
    @Ynhockey10 күн бұрын

    As a software engineer, I am always surprised to learn about the pathetically low salaries in my profession in the UK. A London-based developer could be making one quarter of a similar Silicon Valley developer, and half of a Tel Aviv developer. Sometimes the salaries were even lower than in Ukraine before the war. That's despite the insane London real estate prices and generally high-ish cost of living. At the same time, unlike in Ukraine, developers are not well-paid compared to other UK professions, so the UK doesn't have many of them and cannot become an outsource location. This is just one symptom, but it shows a major issue in the UK: extremely high-productivity jobs are not rewarded.

  • @JamielDeAbrew
    @JamielDeAbrew24 күн бұрын

    Is too much investment in the UK going into real estate? If yes, is this investment driving efficiency and productivity as much as possible? How about a vacancy tax on both residential and commercial real estate? No matter if for a land or a month, an empty property is inefficient use of land, and the building on the land. This means its inefficient use of the materials in the building and the labour that went into making the building. The empty property tax should be strong enough to force AirBnBs, hotels, motels (and other vacant properties) to be rented on low demand days - even if at a loss. This will lead to some short term rentals being converted back into long term rentals. It will make residential and commercial rent cheaper. Giving consumers and businesses more money to spend elsewhere. And if some investors decide to leave the real estate market, they’ll invest elsewhere (most likely pushing investment into improving productivity).

  • @jasonn6739

    @jasonn6739

    19 күн бұрын

    You’re completely right, the problem is that the biggest land barrons are also the law makers (or best mates with them). In other words, they’re never gonna introduce tax legislation that penalises themselves like that. I’m not sure if UK will ever truly be able to break free from its aristocratic roots and become a true democracy for the people

  • @culaterw41pr

    @culaterw41pr

    18 күн бұрын

    @@jasonn6739 "I’m not sure if UK will ever truly be able to break free from its aristocratic roots and become a true democracy for the people..." It cannot... Remember its HMG... His Majesty's Government... The name gives the game away...

  • @justdoitsolutions269
    @justdoitsolutions26926 күн бұрын

    Germans invest for the long term.. UK is short term and wants quick results. In addition you have a large section of the population that does not want to work/can't/ or it is not "worth it to them". Go to a developing country and see the people running from place to place,working and delivering. UK doesn't work like like and is not competitive. Sad really

  • @jonsimmons4150

    @jonsimmons4150

    20 күн бұрын

    germany invests where it can make the most profit, and take the most advantage overseas. bosch products made in purpose built factories in china, vw buying up cheap skoda in eastern europe, then melding it with vw. their mistake was taking the risk of working with putin on energy, gas, oil etc.

  • @catclipcentral

    @catclipcentral

    4 күн бұрын

    The German football national team has more ngubus than Ghana.

  • @wolfguptaceo

    @wolfguptaceo

    3 сағат бұрын

    @@catclipcentral He's one of our own, he's one of our own, wir lieben Ngubu, he's one of our own

  • @anthonykoller4459
    @anthonykoller445926 күн бұрын

    The main problem is that the government and the House of Lords are stuck in the 1950s and Great Britain will only advance if the old government is swept away and a new modern system is built upon the old.

  • @DavidHalko

    @DavidHalko

    25 күн бұрын

    Rearranging the seats on The Titanic will not save any more people, just waste the time of people who are destined to sink. The people must be encouraged to grow on their own, not stifled by regulation or made busy with meaningless activities.

  • @jillybe1873

    @jillybe1873

    24 күн бұрын

    The Crown and The Lords must go and proportional representation established

  • @MGrey-qb5xz

    @MGrey-qb5xz

    22 күн бұрын

    so the taxes?

  • @DavidHalko

    @DavidHalko

    21 күн бұрын

    @@jillybe1873 - “proportional representation” Worst decision the US ever made, regarding their Senate moving to proportionate representation, absolute worst.

  • @RunForest13

    @RunForest13

    21 күн бұрын

    But the majority not proportional political system gives you just 2 bad options and no solution.

  • @markdickson3820
    @markdickson382026 күн бұрын

    These videos are getting beyond stupid now, especially on topic of uk in last 2 years because they gain views internationally with apocalyptic titles with everything always being a crisis. Truth is, take out all the opinions and look at independent fact based statistics from imf, oecd, etc and uk is growing a tiny bit slower than France (f 0.7 uk 0.5) this year but then is projected to grow faster every single year until 2029 (f 1.4, 1.6, 1.5, 1.4 & 1.3) (uk 1.5, 1.7, 1.7, 1.6 & 1.4). Compared to Germany whose imf projections are from 2024 through 2029 0.2, 1.3, 1.5, 1.1, 0.8 & 0.9 the uk grows faster every single year. None of the three large European countries grow really well, but none are terribly far off the 2% growth per year and uk is probably the best of the 3 going by most recent projections. Gods knows there are things to fix but these absolutely ridiculous videos have gotten completely nonsensical at this point.

  • @Freedom_from_imp

    @Freedom_from_imp

    25 күн бұрын

    It is all about attracting viewers. There are billions of people that want to see the uk go down flaming. Lol

  • @simonnewman4240

    @simonnewman4240

    21 күн бұрын

    I was about to make this comment also. Videos like this are pure gold for all the Indians going on about the old days, and remainders who have not stopped crying about brexit

  • @vector246

    @vector246

    17 күн бұрын

    @@simonnewman4240 lol, we arent doing amazing but these ppl really know how to spin it badly

  • @Sir_Ray_LegStrong_Bongabong
    @Sir_Ray_LegStrong_Bongabong23 күн бұрын

    means their style is no longer working

  • @hifijohn
    @hifijohn21 күн бұрын

    America is even sadder, most of our GDP doesn't even come from services but from consumption.

  • @peterwalton5768
    @peterwalton576817 күн бұрын

    Both political parties have the same failing policies. High tax burden on entrepreneurs. IR35 crushing innovation and small startups.

  • @vvwalker7261
    @vvwalker72612 күн бұрын

    Just adding my two cents - energy costs are also to high, it is difficult to make anything in the UK competitively

  • @ROBBUK
    @ROBBUK7 күн бұрын

    Can we correlate anything between people piling investment into the buy-to-let property industry (for quick and easy returns) rather than investing in actual UK industries? I'm no economist, but investors taking the path of least resistance seems like a recipe for disaster down the line. I think reversing the financial appeal of investing in buy-to-let, or owning one, can only be helpful as a course corrector. With added benifits socially too. BTL landlords will hate this as they dont see the greater game theory in it. Thoughts?

  • @CatPDX
    @CatPDX23 күн бұрын

    Thank you!

  • @roshangaireghare5252
    @roshangaireghare525214 күн бұрын

    Brilliant insights.

  • @user-fo2uh4rm5c
    @user-fo2uh4rm5c24 күн бұрын

    How come the United Kingdom, so democratic, tumbling down economically ?

  • @JamielDeAbrew

    @JamielDeAbrew

    23 күн бұрын

    House of Lords is hardly democratic

  • @lukewiseman9946
    @lukewiseman9946Күн бұрын

    Might I put in a little history? In 1976 (I was there, then, by the way) a labourer's wage was £40/week or £2,000/year. Beer cost 10p per pint and small houses cost about £4,000 to £6,000. So the wage equalled 400 pints of beer and a house cost 2 or 3 times the annual wage. NOW (2024) beer costs £4 or £5 per pint; houses average £280,000 and wage.......£27,000 per year. So to equal 400 pints of beer, wages should be £1,600 to £2,000 PER WEEK (£83,200 to £104,000 per year) for a labourer or between £93,000 and £140,000 per year compared to a house. As they say: "You do the maths!" Please note that all the real figures above related to someone doing a basic labouring job, such as a Farm worker. Peace and best wishes, Luke

  • @GodsOwnPrototype
    @GodsOwnPrototype7 күн бұрын

    Mass Deportations is a policy that can cure many ills; if the economy needs low skill workers then we don't need compulsory education up to aged 18 & if we need medical professionals we shouldn't keep restricting the numbers of those being trained. We are a relatively small country & historically have punched above our weight because of quality over quantity produced by broadminded curiosity & a high social tolerance for thorny eccentrics developing in an ecosystem of high social trust & high standslards ofneducation & enquiry; so we should get back to that.

  • @imchrisme5514
    @imchrisme551421 күн бұрын

    I think Brexit represented an opportunity for ambitious leaders to take the bull by the horns and make positive change for the UK but unfortunately there’s no sign of strong leadership thus validating the remain-ers.

  • @mickeysmouse4800

    @mickeysmouse4800

    17 күн бұрын

    Brexit has had 5 (count ‘em) Prime Ministers! How many more do you need to make it a success???

  • @Chris-pq3wp

    @Chris-pq3wp

    15 күн бұрын

    ​@@mickeysmouse4800usa trade deal but the tories bottled it with Trump

  • @MrRacistSlayer

    @MrRacistSlayer

    11 күн бұрын

    Brexit never had a chance of working simply because no one really knew what Brexit even meant apart from leaving the EU. Leave the UK's biggest market.....then what?

  • @Chris-pq3wp

    @Chris-pq3wp

    11 күн бұрын

    @MrRacistSlayer US trade deal, strict immigration system, possible CANZUK deal. These market would be much more advantageous than Europe which is declining economically

  • @claudio00444
    @claudio0044416 күн бұрын

    The Problem for GB severe greater because the Service Sector will be replaced by KI .

  • @rontsang4308
    @rontsang430824 күн бұрын

    40 years ago, all my art and design professors coming from UK (I'm from HK) were the best trained with best fundamentals. I had dreamt about going to school there to further my design education. What happened?

  • @jonsimmons4150

    @jonsimmons4150

    20 күн бұрын

    joined the e.c/ eec/eu.. thats what.

  • @g_wylde

    @g_wylde

    20 күн бұрын

    @@jonsimmons4150 lmao the UK was already in the EU 40 years ago, go use google.

  • @culaterw41pr

    @culaterw41pr

    18 күн бұрын

    @@jonsimmons4150 And your source for this insight is? Absolutely no connection between the education and joining the EU... Education is and always has been controlled locally in all EU countries...

  • @E3_Kruger
    @E3_Kruger3 күн бұрын

    Speaking on the investment issue, I'm a brit that has started a few companies, most have failed, but one succeeded. The limiting factor? Purely investment and geographics. Previous companies were formed in the UK, and raising capital was damn near impossible. The requirements are far too high and appetite for risk far too low, so we setup in the US instead. Investment was more or less immediate and flush and I attribute that to a fundamental difference in culture & institutions. The UK's finance and investment sectors are far too risk averse to consider anything other than a safe bet, and as such have pushed myaelf and several others out of the country in search of greener pastures. It's a sad, sad state of affairs that the immense ingenuity and inventiveness back home is being squandered as a result of such backwards thinking. When everything is accelerating, the UK (and europe) seems hell bent on slamming the brakes.

  • @Justin-jh4ym
    @Justin-jh4ym20 күн бұрын

    UK productivity north south divide. People have to move to London for the best opportunities which has priced many people out.

  • @kyrian_cy
    @kyrian_cy3 күн бұрын

    we cannot afford houses, food, cars. and the wages dont go up with prices. i'm 18 and the generations before us commonly dont understand how everything isnt as affordable for us as it was for them - we cant afford a house in our 20s, we can barely afford our first car.

  • @richard1701able
    @richard1701able25 күн бұрын

    what do you mean? Everything is going great. Millionaires and billionaires are making money. Why would the government change? They are millionaires and billionaires.

  • @MGrey-qb5xz

    @MGrey-qb5xz

    22 күн бұрын

    and tax near half of the salary of the average block who is already working like a dog and has no spending power to enjoy himself alone

  • @richard1701able

    @richard1701able

    22 күн бұрын

    @@MGrey-qb5xz That's his fault for not employing an OBE (Offshore Banking Expert) account who can move his money around and get him a zero percent tax rate. Taxes only apply to the poor.

  • @myasaee
    @myasaee16 күн бұрын

    1. Need Cheap Energy 2. Need property investments that are reasonably profitable, but not excessively so

  • @Money8OOST
    @Money8OOST24 күн бұрын

    Corruption and bad food are the reasons 👍

  • @darkbrotherhood3607
    @darkbrotherhood360722 күн бұрын

    The last point about reforming the tax system to penalise consumption is one of the stupid ideas I’ve heard this month.

  • @jdg9999
    @jdg999916 күн бұрын

    First problem is basic economic management and honesty. And it's not a left or right issue, it's a matter of integrity and long term thinking. We need to stop running deficits, if the Tories want lower taxes, they need to be honest and lower government spending until there's no deficit, if Labour want high government spending, they need to be honest and raise taxes until there's no more deficit etc. Similarly they need to stop lying with statistics, increasing GDP by importing a million immigrants a year isn't making people richer, but the government tricks people into thinking "the economy increase in size by 2.5% is the same as "we made you 2.5% better off. No, government should actually be required to tell people about GDP per capita or median GDP per capita, which proves that people aren't really better off at all, and would force the government to stop focusing on "make GDP go up" and instead focus on making Britain more efficient and productive.

  • @geo_neo9
    @geo_neo913 күн бұрын

    Uk is the second most unhappiest country in the world. No wonder with the governments we have had.

  • @johnosullivanPSI
    @johnosullivanPSI12 күн бұрын

    Repeal the UK Climate Change Act 2008 - the world's longest suicide note for a developed economy. It's why UK puts off investors. Woke and green EU is also dying fast. Energy independency is key and cut back on Big Govt regs.

  • @oceanparadox
    @oceanparadox22 күн бұрын

    Part renationalise the water, oil and gas companies. So 70% public government owned and part private owned. The money will go into a sovereign wealth fund to fund infrastructure. The UK needs to restart it's manufacturing sector and focus on solutions such as high tech industry, engineering, aerospace, defence etc. Improve trade links and deregulation. We are an island with virtually no fishing industry, good could be a quick improvement. Emphasis on local and regional infrastructure rather than national. Trade with the entire commonwealth as well as Europe with trade and services but also protectionism to protect British industry.

  • @yakov95000
    @yakov9500025 күн бұрын

    Lack of kids and aging population...this is the problem in all of Europe.

  • @nathansavage8692

    @nathansavage8692

    25 күн бұрын

    Makes all the anti migration rhetoric seem ironic. If the home office hurried up and processed valid asylum claims, both those problems could be partially mitigated.

  • @CandyKoRn

    @CandyKoRn

    25 күн бұрын

    @@nathansavage8692 Or we could make it affordable for people to survive at all, then maybe they could scrape by the money to have kids? No?

  • @nathansavage8692

    @nathansavage8692

    25 күн бұрын

    ​@@CandyKoRnencouraging childbirth solves the problem 2 decades down the line. Migration does it tommorrow.

  • @SimonTmte

    @SimonTmte

    24 күн бұрын

    @@nathansavage8692 Depends what type of migration, criminals who'd be either in prison or live on welfare isn't exactly an economical benefit to society

  • @Voidwurm1701

    @Voidwurm1701

    14 күн бұрын

    @@nathansavage8692 Yes but migration also presents issues later down the line like integration. It doesn't just "solve the problem."

  • @chese9064
    @chese906417 күн бұрын

    3:50 you sure that the labor productivity hasn't "lowered" because manufacturers have to work faster for more money because of inflation? as well as other sectors

  • @innosam123
    @innosam12326 күн бұрын

    The UK needs to integrate into NAFTA to become a conduit between the EU and North America again. Also, the dominance of the finance sector was horrible for regional inequality in the UK. Having a more diversified economy by focusing on manufacturing would be a good thing (even though the UK is unlikely to catch up to Germany anytime soon.) The UK has one of the EU’s strongest renewable energy potential due to the North Sea and Scotland’s wind. Further Public Investment would also help.

  • @paulinegeorge289

    @paulinegeorge289

    24 күн бұрын

    I agree. We need to develop the renewable energy potential in the North Sea!

  • @andrepiper
    @andrepiper25 күн бұрын

    😂😂😂, thought Rwanda refugees was their only problem, I hear about that daily, than their real problems affecting the country.

  • @adamlea6339

    @adamlea6339

    9 күн бұрын

    That is what is known as a distraction. It works well in the UK where the population lack critical thinking skills.

  • @debocknolan6273
    @debocknolan627311 күн бұрын

    As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

  • @masangogabriel3356

    @masangogabriel3356

    11 күн бұрын

    that requires a fair amount of research and good market timing

  • @lucybentzcrystal4440

    @lucybentzcrystal4440

    11 күн бұрын

    Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

  • @bruceclairelopschutz9938

    @bruceclairelopschutz9938

    11 күн бұрын

    Is there anywhere I can get across this woman for a startup???

  • @lucybentzcrystal4440

    @lucybentzcrystal4440

    11 күн бұрын

    Determine your risk tolerance first and foremost. Be aware that it costs money every time you buy and sell a stock. A lot of people think they can make a nice profit by buying a stock when it dips down a little and then dumping it when it recovers but they fail to factor in the considerable fees the brokers charge you to place your orders Also be aware that it's basically gambling, it shouldn't be done with money you're going to need in the future, consider whatever you invest already lost

  • @lucybentzcrystal4440

    @lucybentzcrystal4440

    11 күн бұрын

    hername is Monica Lisa Payne, cant divulge much. Most likely, the internet should have her basic info, you can research if you like

  • @neil03051957
    @neil0305195716 күн бұрын

    We are STILL in austerity!!!! From 2007. 😮 They won't invest because it would provide a better life, they want to only manipulate you. Social class ceilings everywhere.

  • @herambaanjaneya2041
    @herambaanjaneya204125 күн бұрын

    Well I suppose one advantage of the service sector is that it's not quite as heavy on extortionate energy costs as the manufacturing sector. For those employed in the these hi-flying careers in the service sector they are probably going to be ok but what about everyone else? It seems that under this thesis you COULD have a thriving service sector in isolation from everything else going on in UK society. Lack of affordable homes to buy or rent and lack of affordable energy are huge problems aren't going away anytime soon which leads to what we have which is a TWO TIER society in which the hi-flyers get the nice homes and everyone else has appalling living conditions. This dystopia already exists in our capital with raging unpredictable often life threatening crime day and night, raging flag waving mobs every weekend , a few nice homes and housing conditions for the high flyers and terrible housing conditions for everyone else. This video is far too narrow and blinkered in scope for my taste and fails to address the wider problems that form the seeds of a revolution. We are already in the throes of some sort of revolution as it is although whether it remains one controlled by the hard left in the years ahead as does at present remains to be seen!

  • @KingLemonSucker
    @KingLemonSucker20 күн бұрын

    I predict we are in the Weimar Republic, Starmers Labour will behave as the Social Democrats did in that time, and the consequences will be similar.

  • @gohfi
    @gohfi26 күн бұрын

    You don’t get those trade deals.

  • @fahmad7194
    @fahmad719424 күн бұрын

    I am surprised nobody sees unelected rulers as the probelm. May be that's the problem or part of it... a rather BIG part of it 🤔

  • @g_wylde

    @g_wylde

    20 күн бұрын

    Sort of agree, although not for directly political reasons. A country that in the 21st centurry still holds on to a monarchy -- and a very expensive one at that -- is clearly a country not ready to live in the present, much less one trying to move toward the future. If the nation's consciousness is still trapped in the "glorious" past of kings and empires (the latter being a major reason for the cognitive dissonance Brits experience about their relative importance in the world), then they can't properly evaluate their current situation as a middle income nation with no resources and little diplomatic reach, and make realistic plans to improve things. And meanwhile people are too used to their "keep calm and carry on" mentality to really fight for real change or even dare imagine what that change can look like. They just complain to each other over their too many pints of beer then go home to sleep in their poorly insulated houses and then start over again the next day. Brexit was about the UK having more autonomy to create their own regulations and make bilateral agreements -- except they forgot that they have nothing of value to sell to the world, as even their "services" are basically just middling office jobs that are easily replaced by any degree holding worker anywhere else. Brits thought they could stand alone as a world power, forgetting that they haven't been a world power since the end of their empire and it was just their membership in the EU that maintained that illusion for so long. Now it's time to wake the hell up. And yes, I believe that a history of monarchy means that the social consciousness is prepped for just accepting crappy political situations without feeling a sense of personal responsibility to do something about it, hence why it keeps getting worse.

  • @fahmad7194

    @fahmad7194

    20 күн бұрын

    @g_wylde That was kind of what I had meant, but it's not the popular opinion in this neck of the woods 😊

  • @user-gb8uh4uo5u

    @user-gb8uh4uo5u

    17 күн бұрын

    ​@@g_wylde I disagree that the UK's problem is hinged upon its Monarchy. That makes no sense at all as the existence of the Monarchy is the reason why tourism still thrives in the UK. I'm Nigerian and I can tell you, you NEED that Monarchy to survive else, you won't be any better than Greece or Hungary.

  • @ishakshamsudin8585

    @ishakshamsudin8585

    17 күн бұрын

    Blame the perfect welfare state.

  • @melaniezette886
    @melaniezette88612 күн бұрын

    Thanks Thatcher

  • @zaland2936
    @zaland293625 күн бұрын

    Small business support is zero, plus 100s of rules and strict regulations. You can only take a loan if you show that you have 10 times the amount. In other words that you don't need money.

  • @sebastiangruenfeld141
    @sebastiangruenfeld14125 күн бұрын

    don't wanna nit pick here but a century ago is after WW1 and after WW1 New York has replaced London as the economic center of the world.

  • @ianmccormack6294
    @ianmccormack629415 күн бұрын

    The UK is dying and it's a situation of our own making. We voted the tories in and have continued to do so since 2010. We are the architects if our own downfall. Much like America and Trump. When you're given the option of a s#*t sandwich or a s#*t sandwich with mayo...you'll go with mayo coz it's easier to digest. Productivity is down because...frankly what's the point? You work 50+ hours a week to SURVIVE, not LIVE. How are you supposed to enjoy life? The UK's problems are vast and varied.

  • @samb3783
    @samb37832 күн бұрын

    Get out, Australia has just had its 3rd federal budget surplus, it spends 15% more per person GDP.

  • @facesmile4667
    @facesmile466725 күн бұрын

    I'm more of the believe that the public seems to get dumber and think with emotions instead of logic and their heads. they seem to want more gratification and relief in the short term sacrificing the future. We need a shift in paradigm where we think towards the future and sacrifice today so we can live a more prosperous and stable society. Yes we should sacrifice today.

  • @rodneyhenchliffe754
    @rodneyhenchliffe7544 күн бұрын

    The politics of the UK just isn't changing. We are still having to choose between Labour and the Conservatives who are not running society for the many who make up the real economy. Just who or what is the real economy now? The UK has been "hijacked" for the wealthy and the rest are having to pay for their ridiculous greed. Running society simply to maximize wealth inequality is a massive problem not being addressed globally, including in the UK. Its got silly, the super-rich are simply rewarded for having wealth such that investing in the so called "real economy" doesn't even pay them. Its been made that ridiculous by politicians who are not interested in actual solutions that would actually make the world safer and better place for more of us, not less. For example, the conservatives and labour just continue to artificially inflate the land and property prices by not building "homes" which are now referred to as "assets" (e.g., this is why your high street is all boarded up and rents have increased). They continue to run a non-progressive tax system and centralize power and wealth, using this to leverage even more for the wealthy through quantitative easing and inflating deficit borrowing. The premium for everything including food continues to rise because of wealth inequality which politicians support growing. The politics of the UK just isn't changing. Joining the EU will only compound the problem, so that's no solution in truth, despite some people wanting to believe that it is. I say, lets have 20 years of progressive wealth distribution back to the many and then review the situation. Raid offshore holdings to address the debt we are having to pay for. Ban multi-millionaires when it gets to 3 million. Nationalize all super yachts. Don't let the wealthy claim the state pension as they don't need it. Make those with a property portfolio house at least 2 homeless people mandatory. Lets try 20 years of that, then review the situation 🙂

  • @dantae666
    @dantae6665 күн бұрын

    Our environmental laws make industry impossible

  • @Jason-sf8vx
    @Jason-sf8vx25 күн бұрын

    UK is relaying on demand from EU and China, it seems there is no way out for UK economy

  • @Freedom_from_imp

    @Freedom_from_imp

    19 күн бұрын

    The uk bit the hands that feed them. No wonder their economy is circling the drain.

  • @AA-hg5fk
    @AA-hg5fk13 күн бұрын

    3:48 - 'Labor' productivity - WTF?! Not impressed.

  • @GPB098
    @GPB0983 күн бұрын

    I would propose a major tax on hoarded wealth that funds public enterprise creation, jobs, and social return on investment.

  • @anomadhunter
    @anomadhunter9 күн бұрын

    Look to small countries that have thrived and created wealth for all their citizens. Singapore got it right under strong visionary leadership from Lee Kwan Yew. Low taxes, incentives for entrepreneurs, a culture of rewards for hard work, and as the great man said " we want engineers and scientists, not fruit pickers". The socialist culture in the UK has sent the country into terminal decline.

  • @papabear90
    @papabear9021 күн бұрын

    Isn't it ironic that people in "authoritarian" countries like China, Vietnam, Saudi Arabia, Singapore, are happier and more satisfied with their governments and countries directions than people in democracies who are apparently allowed to choose their countries futures.

  • @g_wylde

    @g_wylde

    20 күн бұрын

    Authoritarianism has a lot of problems, but the one thing it does have is long-term thinking! If you and your party are going to be in power for the foreseeable future, you can't just make shit up as you go along for 4-5 years and then dip out before the consequences catch up to you. By which point you can just blame the opposition party for it (e.g. Obama getting blamed for Bush's terrible economic policies, then Trump trying to take the credit for Obama's fixes to those issues...). It's ironic that the UK is still a monarchy, because the one potential benefit of that would be having someone overseeing the country for life and therefore actually care about how policies will work out in the long-term... And yet the monarchy isn't even allowed to mutter a single opinion on anything political, but they sure as hell like taking all that tax payer money to fund their estates... It's literally the worst of both worlds. We pay for monarchs and all they do is stand around in stupid clothes and wave at the cameras, meanwhile politicians ruin everything and then go meet with Charlie to tell him all about it and that's that.

  • @kayn6858

    @kayn6858

    13 күн бұрын

    Democracy is massively overrated. I would rather live in ‘authoritarian’ countries like saudi arabia, singapore, uae, thailand etc before i wouldn live in europe, us or canada.

  • @peterclyons
    @peterclyons20 күн бұрын

    No mention so far to UK investment in Property, this is the way to make money in Britain today

  • @darthashpie3370
    @darthashpie337025 күн бұрын

    Is it a good time to pay high tution fee and study in UK? Is the ROI good?

  • @charlesnorm4883

    @charlesnorm4883

    25 күн бұрын

    My opinion, no it’s not. Unless you are studying to do something that requires a university qualification such as medicine or dentistry. The cost of university isn’t worth it. I know plenty of lawyers and accountants that didn’t go to university and instead did an apprenticeship. They get paid to learn and come up with zero debt and usually better jobs that the university graduate can get. University degrees all over the world are just not as valuable as they once were to the employer, at least in the UK.

  • @joshbentley2307

    @joshbentley2307

    25 күн бұрын

    U.K.’s higher education is only rivalled by the USA. If you’re looking for higher education the U.K. is a fantastic option.

  • @darthashpie3370

    @darthashpie3370

    25 күн бұрын

    @@joshbentley2307 you are correct but the wages in UK are almost half of what you get in USA. If I am spending 40k Pound how long would it take to earn it back

  • @joshbentley2307

    @joshbentley2307

    25 күн бұрын

    @@darthashpie3370 our 🇬🇧gdp per capita (nominal) is around $50,000 in 2023-2024. The USA’s gdp per capita (nominal) is around $80,000 in 2023-2024. You’ve got to keep in mind the USA has much more wealth inequality and billionaires tho, for example the median wealth per adult is $50,000 higher in the U.K. when compared to the USA. It depends on what degree/industry you want to go into. Despite all of the media telling you the U.K. and USA are doing poorly there actually preforming really well, and are expected to grow steadily into the far future. The U.K. just became the world’s 4th largest exporter for example and the USA is pumping massive amounts of investment into itself recently causing thousands of companies all around the world to move there.

  • @joshbentley2307

    @joshbentley2307

    25 күн бұрын

    @@darthashpie3370 also I don’t know how it works for immigrants but in the U.K. normally you won’t pay any money for your higher education until you reach the threshold, you only start paying it back when your income is over the repayment threshold of £25,000 a year, which is £2,083 a month or £480 a week. Repayments are calculated at 9% (or 9p in every £1) on everything you earn over the threshold.

  • @c0nn0rm
    @c0nn0rm7 күн бұрын

    This is one of the reasons I left the UK

  • @Binzdogger
    @Binzdogger9 сағат бұрын

    Well a country only has so much capital, the import export deficit means our capital is decreasing. Then if you consider the capital (not equally) is split in slices amongst the population, now if that population increases drastically, then each slice gets smaller. Now if we consider that legal immigration is sat at 2.5 million just in the last 5 years alone. That's 2.5million more people taking their slice. Then add in illegal immigration, which is just a pure wasted cost that further contributes to the import export deficit, also the tax burden on the country so everyone's tax slice isn't fully paying for services they are meant to be. Then add in the wasted funds on extra policing and extra healthcare because more crime and less sanitation is the norm in less homogeneous places. Being brutally tight on immigration is really the only way actual British people will start earning money well above what the norm was in 2005.

  • @KevinAdams26
    @KevinAdams2611 күн бұрын

    Love the bow tie + bracers.

  • @CrazyWatcher670
    @CrazyWatcher6702 күн бұрын

    They need someone like lady Thatcher with the innovative mind of Elon Musk.

  • @jagman999
    @jagman99922 күн бұрын

    Politicians focus on winning the next election. This means focusing on those who actually vote. Retirees. So there is little incentive to build the economy for the future.

  • @Freedom_from_imp

    @Freedom_from_imp

    19 күн бұрын

    Pandering to people who vote you into office rather than focusing on building the future for your country is a selfish way to make sure you keep on getting elected and a sure way get put your country on a path to self destruction. Good luck, uk. Your future looks bleak.

  • @821Drifter128
    @821Drifter12821 күн бұрын

    It’s insane how obvious the solution to the issue is. Housing. How can there be innovation and productivity when everyone’s money is being flushed into an asset that only appreciates the less you allow other people to have/make. It’s sad and lazy. It’s Idiotic where we are at now and was so predictable and easy to see coming. The British public are too easy to fool hence we will remain a reliable battery funnelling money to mega wealthy as standards of living plummet through the floor. We have a situation where young people are saying “what’s the point in working when I’ll see nothing from it?”. I don’t agree with that mindset personally but I get it because what exactly is the benefit of working hard with the way things currently are? Burst the bubble for good. Until the country concedes that housing should not be for profit and allow disposable income to actually be used on things that will grow the economy we will be stuck.

  • @821Drifter128

    @821Drifter128

    21 күн бұрын

    Imagine a UK where instead of funnelling money into property that does nothing, the expectation was that the UK public reliably park a good amount of savings into some sort of UK index that funds British companies and companies that that have a strong presence here. The same foreign money that’s being used to dominate the housing market could be used to pay decent wages and fuel economic growth for said businesses. Imagine how many entrepreneurial ideas that have gone by the wayside because rent and mortgages are people’s primary focuses.

  • @martinvukovski4370
    @martinvukovski437019 күн бұрын

    If only it was just the economy that was messed up here. No we have so many problems right now that I’m not sure this train wreck can ever be salvaged.

  • @egg174
    @egg17426 күн бұрын

    It's now the DK: Disunited Kingdom

  • @23merlino

    @23merlino

    25 күн бұрын

    (dis)UK...

  • @culaterw41pr

    @culaterw41pr

    18 күн бұрын

    Need to get my DUK car sticker then...😀😀😀

  • @AA-hg5fk

    @AA-hg5fk

    13 күн бұрын

    Not a new issue, Scotland and England have been under the same crown since 1603 but a lot of Scots still aren't happy about it. In Wales, people hark even further back to Owain Glyn Dwr fighting against the English. I'm not even going to bother talking about Northern Ireland. The UK is a disunited and unhappy family and it has been so for hundreds of years!

  • @culaterw41pr

    @culaterw41pr

    4 күн бұрын

    @@AA-hg5fk Scots people never got to vote for it... Upper crust Scots needed a bail out after their misadventures in Latin America so I was told by a Scots man... Other explanations maybe available...

  • @thebus-ter
    @thebus-ter9 күн бұрын

    the EU doesnt want the UK back with them. whats the point?

  • @Forgoodnesssakeendha
    @Forgoodnesssakeendha23 күн бұрын

    What about doing a free trade agreement with Canada, Australia, New Zealand and Ireland?

  • @nicks4934

    @nicks4934

    22 күн бұрын

    😂

  • @jonsimmons4150

    @jonsimmons4150

    20 күн бұрын

    canzuk

  • @g_wylde

    @g_wylde

    20 күн бұрын

    Pretty sure the UK did get a free trade agreement with Australia, except it benefitted Australia far more than it did the UK. Free trade only benefits those who have something to trade, and even then it can be a double edged sword. The UK has nothing of value to trade, so all it can do is buy overpriced stuff from others and muddle along selling "services" (i.e. bullshit office jobs doing admin for other people) and hoping that helping foreign oligarchs game the stock market can fund our whole economy for life.

  • @jonsimmons4150

    @jonsimmons4150

    20 күн бұрын

    @@g_wylde how can it benefit australia more when there is next to nothing in australia the uk needs? next to no manufacturing, nothing hi tech or high value is made, or built in australia. anything technical, or with moving parts is made overseas. ikea is seen as a luxury product in australia. uk makes eveything australia needs. do say- what does australia have that the uk needs massivly? i have worked in hi tech, manfacturing, defence, aerospace, subsea, and automotive for 35 years in france, uk and switzerland, and lived in australia for 9 years. more heresay, and bluster from anti uk protagonists parroting soundbites and quips methinks. ps, uk is building australias state of the art nuclear powered subs in the uk at bae in barrow in furness uk. they wont be made from anything that comes from australia, except the eventual raw uranium, raw minerals like copper and bauxite and iron ore. i know for damn sure, that multi billion dollar nuclear subs are worth more than sheep and cattle australia has.

  • @Mattb81

    @Mattb81

    13 күн бұрын

    @@jonsimmons4150 I agree with you except IKEA isn’t seen as a luxury. It’s seen as cheap flimsy junk made for uni students!

  • @scallamander4899
    @scallamander48997 күн бұрын

    Spiralling economic inequality is the main issue. It should be obvious.

  • @user__100
    @user__10026 күн бұрын

    $45 Trillion was taken from India by Britain over 200 years of rule

  • @mcr2356

    @mcr2356

    26 күн бұрын

    Really hard to quantify that.

  • @joerowland9128

    @joerowland9128

    26 күн бұрын

    200 years ago Did you forget about WWW1 and WW2 which devastated the whole world economy That's when we lost the £45 Trillion

  • @gaborrajnai6213

    @gaborrajnai6213

    26 күн бұрын

    I get it why Britain took part in WWII, but why did you joined up WWI is beyond me. It wouldnt even be WWI without Britain joining up. Play stupid games win stupid prizes I guess.@@joerowland9128

  • @jonsimmons4150

    @jonsimmons4150

    20 күн бұрын

    traded. typo..

  • @ishakshamsudin8585

    @ishakshamsudin8585

    17 күн бұрын

    Simple arithmetics.

  • @bobsthea
    @bobsthea7 күн бұрын

    someone ones said "these how democracy work"

  • @Srindal4657
    @Srindal465717 күн бұрын

    If we can focus our efforts on practical sciences, and get lucky, then we might just make it.

  • @Hhggggggguioo-lq8pj
    @Hhggggggguioo-lq8pj21 күн бұрын

    Please trade with East Asia countries

  • @NeKa..
    @NeKa..7 күн бұрын

    Investment in high quality human capital...while I could quote numbers, I will quote examples. As mamy as 7 classmate of my son didn't take their GCSE and dropped out. Customer services staf, born an brought up here, would wrote 'there' for 'their'... When I decided to rejoin work afyer a long career break for looking after my special needs child, I was pressured to the point of chronic anxiety to take ANY job, rather than support me to finish my CFA which I took to restart my career. To govt, I'm just a number, and this number should rather be in 'employed' category than 'high skilled employed' one because the latter delays the employment numbers and govt can't afford that. Not to mention the so called training they provide is ' MS office skills'. Clearly, the system doesn't support high skills whether it's children or adults. How far can you go with just, or without, a University education leave alone without GCSE

  • @Lynne76
    @Lynne766 күн бұрын

    Are you joking with these politicians, they will run it into the ground.

  • @Dabmonger
    @Dabmonger17 күн бұрын

    Is there a future for the Shetlands?

  • @fubar.1
    @fubar.110 сағат бұрын

    Let's be real, immigration has put a wound in this country where its beyond repair.

  • @prodavnicayugo
    @prodavnicayugo22 күн бұрын

    The UK could dramatically reduce its energy costs by investment in tidal energy like la Rance in France, and onshore wind which is much cheaper than offshore wind, even though the conservatives prefer it!

  • @g_wylde

    @g_wylde

    20 күн бұрын

    Oh but that would require the government to think pragmatically about energy, instead of focusing their policies entirely on what will most benefit the "culture wars". How can they possibly invest in renewable, clean and affordable energy if Rupert Murdoch will be so much kinder to them in the tabloids if they exploit the North Sea for overpriced oil instead?

  • @mateusaurelius2546
    @mateusaurelius254623 күн бұрын

    Taxing consumption is an attack on the capitalist/ consumerist way of living that 🇬🇧 population is very used to living. If you tax consumption the whole economic & lifestyle of the population will be greatly adjusted. Maybe it’s what the people need. I just don’t think it’s what they would want though..

  • @melindagallegan5093

    @melindagallegan5093

    5 күн бұрын

    I buy very few items but I buy them at the highest quality possible.

  • @lj5116
    @lj511626 күн бұрын

    In the end Germany won anyway, despite everything.😂 Please comment an angry retort below:

  • @stevekook-xw3is

    @stevekook-xw3is

    26 күн бұрын

    They won in the end probably because in the end of both world wars there was somebody who won and didn't really had a reason to punish them. USA couldn't have bad blood against them and so didn't punish them. I am of the opinion that The Versailles treaty was pathetic form of punishment. That is perhaps the 2nd best peace deal just behind my country Bulgaria. We only lost a bit to Serbs and Aegean coast access. Army regulations ofcourse. The only 1s who got shite peace deals were the Austro-Hungarians and Ottomans (sweet ngl). Both empires got obliterated and served death sentence at the end of world war 1. Germany stuck it up Frances ars just a little over 2 decades later. The remnants of both empires could never hope to do the same. They were simply left incapable of fighting any major entente power again. No bad feeling from me for Germany. However I'm just beyond honest and claim they had a light deal. France really didn't have it decent with Germany ending up the 1 it did after ww1. France litteraly had the entire war be on its soil. They end up taking a spit of land from German European territory.

  • @lj5116

    @lj5116

    26 күн бұрын

    @@stevekook-xw3is 👍

  • @tabithan2978

    @tabithan2978

    16 күн бұрын

    Culture will always dominate.

  • @lj5116

    @lj5116

    16 күн бұрын

    @@tabithan2978 that seems like a shortsighted observation(in my opinion).

  • @a.r.stellmacher8709

    @a.r.stellmacher8709

    16 күн бұрын

    @@stevekook-xw3is You got it all so wrong. Please read: Author Allan Nevins ‘Henri White - Thirty Years of American Diplomacy’ Harper Bro’s., 1930, pp 257 - 258. Also read: Author Dr. Nick Kollerstrom ‘How Britain initiated both World Wars’.

  • @alangivre2474
    @alangivre247426 күн бұрын

    Maybe Brexit was a bad idea.

  • @mikerathmell6271

    @mikerathmell6271

    26 күн бұрын

    The UK economy has still been doing better than Germany. Brexit is not the issue. Our problems sadly are far more deep rooted and multifaceted .

  • @gaborrajnai6213

    @gaborrajnai6213

    26 күн бұрын

    Germany maybe, Europe, no, almost all economies in Europe outperform Britain or Germany.@@mikerathmell6271

  • @CattleFarmer667

    @CattleFarmer667

    26 күн бұрын

    Maybe not. British govt likes red tape and paperwork.

  • @ArawnOfAnnwn

    @ArawnOfAnnwn

    25 күн бұрын

    The slowdown precedes Brexit.

  • @jamesa3802

    @jamesa3802

    25 күн бұрын

    But it was a bad idea