Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

@philipr1759

10 ай бұрын

My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

@theresahv

10 ай бұрын

Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

@DavidRiggs-dc7jk

10 ай бұрын

@@theresahv that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

@theresahv

10 ай бұрын

Sure, the Investment advisor that guides me is ''JULIE ANNE HOOVER'' and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up.

@DavidRiggs-dc7jk

10 ай бұрын

@@theresahv thanks for sharing this, I googled the lady you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply

For 2023, it’s hard to nail down specific predictions for the stock market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

@maiadazz

Жыл бұрын

yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.

@tatianastarcic

Жыл бұрын

I got into a bit of dilemma myself due to this chaotic market, wasn't sure if to sell or just wait a little longer, 75% of my portfolio was tanking and in the red, but I began gaining clarity and have more confidence in my investment through an lnvestment adviser, I know most DlY - lnvestor like me would say advisors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amounting fees for me to be able to net $650K in less than 8months like I did this year, I truly don't mind.

@richardhudson1243

Жыл бұрын

@@tatianastarcic we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?

@tatianastarcic

Жыл бұрын

@@richardhudson1243 Having a counselor is essential for portfolio diversification. My advisor is Laurel Dell Sroufe who is easily searchable and has extensive knowledge of the financial markets.

@parrish8386

Жыл бұрын

@@tatianastarcic thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her!

Increased losses for portfolios this quarter are predicted by market drops, skyrocketing inflation, a major interest rate hike by the Fed, and rising treasury rates. How can I profit from the volatile market right now? I'm still considering whether to sell my million dollar bond and stock account.

@mikeharry96

9 ай бұрын

Concentrate on two main goals. To start protecting yourself, learn when to sell stocks to reduce losses and maximize gains. Second, get ready to profit when the market recovers. I suggest having a conversation with a broker or financial advisor.

@danieljackson87

9 ай бұрын

Yes, I've been in touch with a financial analyst ever since I covid. Investing in trending companies is relatively easy today; the trick is determining when to purchase and sell. I started with a $300K reserve that was initially dormant; my adviser decides when to enter and exit my portfolio; since then, I have accumulated over a million dollars.

@andrewlogan7737

9 ай бұрын

@@danieljackson87 Can you leave your investment advisor's contact information here? I absolutely must have one.

@danieljackson87

9 ай бұрын

@@andrewlogan7737 Julie Anne Hoover, whom I discovered on a CNBC interview and contacted, is guiding me. She has since given me entry and exit points for the securities in which I am interested. You can look her up online if you require care supervision.

@michaelrenner3

9 ай бұрын

@@danieljackson87 Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.

The world is slowly learning again that competence actually does matter.

@stinger4712

Жыл бұрын

No let's do diversity...

@pkal244

Жыл бұрын

@@stinger4712 are you talking about The current PM of England, who is white and the leader of the conservative party there?

@memnem3787

Жыл бұрын

@@pkal244 oh no we are talking about chancellor who came up with such disastrous policy Kamikwasi

@pkal244

Жыл бұрын

@@memnem3787 right, a member of the same party. You think they have diversity hires? Either way the fact is Truss is increasing government borrowing to lower taxes during a time of economic downturn which was warned about repeatedly, but they went ahead and did it anyway. This Is the result, thanks to ineptitude.

@tedchandran

Жыл бұрын

Jai Hinduja. Fascist Brits will still prefer to live in Little Breton than in New India island.

Maybe the UK 🇬🇧 economy should focus more on the country and people themselves, rather than pushing an unpayable envelope somewhere else.

@legilooks

Жыл бұрын

With the backwardness of our economy, increment in the price of gas, alarming rates of unemployment. I must confess our country have taken a wrong turn. Vividly I don't know how else to carter for my expenses.

@jorjabertie3466

Жыл бұрын

Limits to risk are being revealed. Energy costs in Britain are killing them. Until that is addressed, the UK government has very few options on stimulating their economy, and this recent episode of a bond/currency crises has made that abundently clear.

@amyritchie4490

Жыл бұрын

@@younglee-segredo831 I have always been discouraged by the constant fluctuation in prices. please who is this advisor?

@younglee-segredo831

Жыл бұрын

@@amyritchie4490 Look her up on the web, I don’t t run an advert for anyone lol.

@nowisgodinyourlovelylife717

Жыл бұрын

Any advice? I don't want to send money to the government soon on tax return because I want make sure this war has finished and none is going to help it. I don't want help war weapons, only the red cross. So I'll do the self assessment, but pay only after this war has finished or shall I not even do it now? I want to leave it ready on the files so no headaches doing it after the war. But what will be worse? postponing payment or self assessment or both in term of fines and interest rates? Thanks in advance Anyone?.

For past several years , Britain is doing back to back economic mistakes.

@memnem3787

Жыл бұрын

Tories have turned to left , while labour moved right What a reversal

@tedchandran

Жыл бұрын

Jai Hinduja. Truss should start selling off the looted gold from Russia, Venezuela, Libya, Afghanistan, the rest of 6 Ummahs etc. to pay back the elites who put her in power.

@jimmyhackers8980

Жыл бұрын

trust the MSM to make out a tax cut as a bad thing.....

@ricardosmythe2548

Жыл бұрын

Most of the world is seeing the same kind of issues, each nation and currency is just slipping at different times. The Euro was falling "at a dangerous rate" against the dollar not long ago

@georgiosyiannakou5537

Жыл бұрын

@@ricardosmythe2548 Western economies, yes, but you should pay attention to the change in exchange rate between the dollar and the other western currencies.

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

@joshspring7686

Жыл бұрын

You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings..

@miawhitlock9140

Жыл бұрын

@@joshspring7686 I agree, my prof!t have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long stry shot, its been two years now and I’ve gained over $85ok following guidance from my investmnt adviser.

@pigsbark4173

Жыл бұрын

@@miawhitlock9140 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you?

@mesutserim1595

Жыл бұрын

@@miawhitlock9140 I just looked up Wendy Helene Bennett online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

@Madame702

Жыл бұрын

That no problem Nigel Farage is you boy look to him for answers.

This is what happens when you choose the wrong person to fix your problems and totally ignore the right person’s warning

@ksheer

Жыл бұрын

and _who_ is this right person you speak of?

@nealbeard1

Жыл бұрын

" Rishi Sunak, now drenched in that intoxicating cologne, Vindication". Andrew Marr NS

@jonb5493

Жыл бұрын

Reminds you of the dunces bleating "project fear" when anyone with half a brain warned that brex$hit can only be a catastrophe.

@bomination.

Жыл бұрын

@@nealbeard1 you forget all tories are mentally ill and emotionall malformed.

@14loosecannon

Жыл бұрын

If only most of the country got to choose!

Well with the economy and stocks at where it is now, I'd be disappointed if people weren't making any error on their portfolio at this time, it was much easier to navigate during the bullrun, regardless I still see and read articles of people pulling over $225k by the weeks in trades, how come?

@starcar23

Жыл бұрын

Everything relies on how long you're willing to hold for and your systems, stocks could probably tank further, yet making serious additions in this downtrend ought not be an issue in the event that you're a genius

@henrech

Жыл бұрын

@@patran567 I'm dazzled that in spite of my portfolio performing ineffectively in the previous year, you have had the option to learn new techniques and gain ground in the ongoing business sector. Might you at any point if it's not too much trouble, let me know who is the speculation counselor you are utilizing?

@henrech

Жыл бұрын

@@patran567 Awesome! Her potentials seems limitless. I'm fascinated with investing, I’m delighted to engage in this opportunity, I just found the professional’s web page and have already written her

This what the UK government meant when they said they wanted more control over their legislation by leaving the EU.

@PhilC2496

Жыл бұрын

Well not really? Been writing our own tax policy long before brexit? What have they decided that would have been done by Brussels previously?

@simonbilling2796

Жыл бұрын

UK in the hands of disaster capitalists and rich out of touch (dony give a monkey) buddies ....funnily enough the EU was going to clamp down on this kind of behavior , then we left for sunny uplands 🤪🤪yep brexit means we are free to chop our legs off and anyone else who is watching 🙄

@caballoloco100

Жыл бұрын

Rob to the poor to give back tax cuts to the rich. I am sure many numpties, gammons and other sub-especies still don't get that eventually basic public services like the NHS will be undercut and further under-funded. They can't connect the dots.

Everyday African countries have a brush with IMF coz of their economic policies. Welcome to the club UK.

@FUJISAN2012

Жыл бұрын

Britain needed a 3.9 billion loan in 1976 from the IMF. So what do you mean?

@MrNevstar01

Жыл бұрын

@@FUJISAN2012 but with African countries its an everyday thing. What is you point mate?

@mustolourien5823

Жыл бұрын

@@FUJISAN2012 I mean they'll be questioned and controlled like toddlers.

@adedamolamartins3810

Жыл бұрын

The west still continues to undermine African economies and ensures African countries don't industrialize in order to maintain Monopoly over African resources.

@duren9519

Жыл бұрын

Interesting question!

A weak pounds can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

@Alejandracamacho357

Жыл бұрын

The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

@tradekings5433

Жыл бұрын

@@Alejandracamacho357 in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

@Robertgriffinne

Жыл бұрын

@@tradekings5433 I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having inveesting nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

@marianparker7502

Жыл бұрын

@@Robertgriffinne How can one find a resourceful FA, I buy the idea of employing their services, its a shame market crashes as of late have become a sort of habit for stocks

@Robertgriffinne

Жыл бұрын

the investment-advisor that guides me is Corinne Cecilia Heaney, she popular and has quite a following, so it shouldn't be a hassle to find her, just search her

Liz and KK published their Budget intentions 10 Years ago in Unchained Britannia!!! Putting them in charge of the Economy is like appointing a Flat Earther as Head of the Geography Department or a Homeopathy Guru as Health Secretary.

@somecuriosities

Жыл бұрын

Well said.

@memnem3787

Жыл бұрын

Hey hey But don't you like diverse liz truss cabinet?

@jimmyhackers8980

Жыл бұрын

judging by the whole scamdeimc i doubt we've ever have a compentant doctor in charge as it is.

@martincopeland8153

Жыл бұрын

@@memnem3787 they Are A Dis Grace, and also somewhat “cheesy”. I’d quite like to see LT reduced to her diverse parts.

@drscopeify

Жыл бұрын

Wait so they had been talking about this plan for 10 years? And they decide to implement it during a peak economic risk period? That is incredible.... Is there no structure to review the budget before it is made public or proposed?

I want to start investng. Is it safe to start now, or should wait until the end of this possible correction/bear market, despite the economic crisis facing the world, is this the right time to invest in stock, Gold/crypt0?

@jacksonmagnus2876

Жыл бұрын

Don't wait until the market skyrocket again then you will start biting your fingers wishing you made the decision to invest.

@ryanconnorlucas7579

Жыл бұрын

You can start today regardless of the market, invest and change your future! Investing in the financial market is a grand choice I made.

@richardbalint2582

Жыл бұрын

Investing in crypto now is the best because it will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profits from my current investment

@alexisnel8867

Жыл бұрын

@@richardbalint2582 Are you trading on your own?

@alexisnel8867

Жыл бұрын

What strategy do you use please?

You'd be a fool to not place a hedge in BTC.

@JoseJulie845

Жыл бұрын

Sure tutorial videos help out, frankly speaking my outcomes have become constant following laid down patterns, this way I earn while affording the luxury of TIME, all in all I'm thankful for trade pros

@aidennolan5138

Жыл бұрын

BTC is heading to the Moon)

@docanbollinger9901

Жыл бұрын

In a sector that requires much technicals and analysis as that of stocks and forex,understanding early the role experience and expertise plays in the markets regarding profitable trades I believe is a smart money move

@DonaldCruz928

Жыл бұрын

🚀🚀🚀

@amirjanet2660

Жыл бұрын

I own some LUNC and ETH

To use the expression ‘swivel-eyed loon’ about these people is an insult to all water birds.

The markets are shocked that the UK will soon have a Labour government. There is no way the Tories will remain in power more than another 12 months (tops), and then it will be Labour's turn.

@Hecatonicosachoron

Жыл бұрын

Do you truly believe this

@RojoBoxeador

Жыл бұрын

Ahh the illusion of choice

@caballoloco100

Жыл бұрын

Labour will do marginally better. Starmer is a Brexit supporter, a brexiteer in disguise and he is afraid of the brexiteers in his own party, but Brexit is not the way forward. BoJo was bad ruling this country, but Liz Truss will be even worse: the Queen died, the pound plummeted, there is soaring double-digits inflationary pressures which is undercutting purchasing power for all, more income inequality meaning the rich will be wealthier and middle income will fall to borderline poverty due to the tax cuts for high income earners.

@rodfransham2907

Жыл бұрын

They're all equally as bad. All puppets for the WEF and media

@spacedonkek6229

Жыл бұрын

Labour turn to trash things up when there in what's new

So this is what "take back control" looks like. Politics should be boring, yet there have been political dramas that outdone the last for the past 12 years. Remember, UK never fully recover from the last recession in 2008, yet UK (specifically) are heading to the next one.

@georgiosyiannakou5537

Жыл бұрын

Most european countries haven't recovered from their recession. Economists only see the macroeconomics, but not what the actual economic power of each household is.

@andyc9902

Жыл бұрын

Aye

Yes! The worst is yet to come if you’ve a Least Trust as a PM 😅

Had a vivid dream about 3 months back I seen army trucks handing food out on streets to those who had vouchers, those without was turned away, people was turning up from other neighbourhoods trying to get food, after what's just taken place I can see this dream becoming a reality fairly soon

@alanjohnson2528

Жыл бұрын

wonderfull use of the queens english , no need to wonder why blightys is faked

@user-pt8yr9xk3b

2 ай бұрын

I had the same nightmare. Some came all the way from Calais

@user-http55588

2 ай бұрын

@@alanjohnson2528 Alan how's this for the kings language, (fukc off cnt)

Buckle up my brothers and sisters!

@TSUKUNORI-

Жыл бұрын

eggiwegs bahahahahahha the old in out in out again my droogie

Truss has only exercised power for a week or so (if you subtract the 10 days of national mourning). During this time the Queen has passed away; the pound is the weakest it's ever been against the US$; house prices are crashing, and the IMF has issued a warning to the UK! It looks like the old Chinese curse has materialised - "may you live in interesting times!"

@elizabethwinsor5140

Жыл бұрын

Intresting times -

@thehumancanary131

Жыл бұрын

@@elizabethwinsor5140 Interesting....not Intresting.

@rajeshd4885

Жыл бұрын

Intress..ting

The problem with the UK economy, is that it is a Rentier economy, not a Capitalist economy. Asset inflation is the only real wealth creation we have...

@Dedicated_.1

Жыл бұрын

Agreed. I also think a recession and rising rates was going to cause a fall in housing prices, regardless of the Budget. In fact the removal of stamp duty and other taxes is completely supportive of house prices, so seems strange to blame the government for the inevitable fall in house prices.

@jjefferyworboys8138

Жыл бұрын

@@Dedicated_.1 Everything goes in cycles. The irony is whilst house prices may fall, the cost of borrowing will increase faster . If it costs more each month to borrow less, you still lose.

It appears that bond yields were rising before the mini budget so how this was not seen as a real risk at the time of announcing tax cuts and more borrowing to make up for not having an energy security policy is beyond me. Maybe they want to be rescued by the IMF!

@stuartdicks2082

Жыл бұрын

But cutting taxes helped investors them to sell the government bonds, so they could get out early, but see how the money is controlling the government

@l1ncs

Жыл бұрын

IMF demanded a back-track today apparently

@drscopeify

Жыл бұрын

It looks to me like there is no structure to review, audit and inspect the proposal before actually committing to it so I guess they would have no idea what the markets are doing anyway, they just had a plan and went for it regardless of the economic conditions. I don't think I have ever heard of anything like this in a first world country before.

@syamkumarkaturi9761

Жыл бұрын

China prints America dollars and India rupees .......

i simply dont understand how people were able to vote for her over rishi. in comparison rishi sunak was way more competent and experienced and despite some negativities he handled the covid situation very well, especially given his incompetent team...but british focus on his skin colour and his wifes wealth aand his personal life over how well he does his job...

@winstonchan5826

Жыл бұрын

fully agreed indeed.

@TheWaleedKhalid

Жыл бұрын

Jeremy Corbyn was better then whole conservative party

@JustSumChillAlien

Жыл бұрын

They all don't care in the end as long as they're all benefitted.

@martywize5909

Жыл бұрын

Really? Him and Boris blew £500+ billion in less than 2 years. He gave out £16.5 billion of taxpayers money in ‘covid loans’ to ‘Brits’ who took the money and then returned to India and Pakistan.....so he just wrote them off as he knew they would never be repaid. He helped to throw £39 billion to fund a ‘track and trace’ system.....that never worked, and you think he did a great job? His own billionaire wife didn’t pay any UK income tax, takes millions in profits from Russia and he kept his US green card going so he could return to his mansion in LA (which he now has!). And us Brits didn’t like him because of his colour! C’mon man!! Saying all that, he’s still better than Joe Biden 🤦‍♂️😂

@WalkOverHotCoal

Жыл бұрын

She wasn't voted in by the Brits. She was chosen by the Tories themselves. It was a process internal to the Tory party.

Every countries adopted privatisations of national wealth and national services are facing very tough economy time. Because of greediness of private sector

Hopefully we won't make the same mistakes here in Canada where the opposition leader is also a Tory promising to slash taxes

@Marco-fn6kg

Жыл бұрын

you cant do worse then justin he took a great economy and tanked it

@christopherrichardwadedett4100

Жыл бұрын

The housing bubble in Vancouver and Toronto inflated by US economic conditions. As US recession heads into depression, thanks also to Asian supervirus mutants, bubble will burst: Prepare your escape plans.

@natedogg890

Жыл бұрын

@@Marco-fn6kg Im not sure if you can put this at the feet of Trudeau, like given the last 3 years of crisis, things are not terrible here. I'm not a supporter of his btw, but the UK just proved things can get a LOT worse

@mikedennington8856

Жыл бұрын

so make he don't get in and vote for another party I will.

@paxundpeace9970

Жыл бұрын

As long as you keep the dude in opposition it wouldn't happen

Possibly the understatement of the century, but I've just witnessed the most extraordinary if not monumental use of superlatives. Astonishing!

My Indian relatives believe that Lizz Truss is an instrument of Karmic justice but are still nice enough not to wish starvation on the British despite what Churchill did in Bengal.

@joexavier4070

Жыл бұрын

Foolish thought... indian are suffering more worst than English

@malopephasha5341

Жыл бұрын

This will lead no where u will keep crying until Jesus comes

@matto4389

Жыл бұрын

@@malopephasha5341 u wait till India becomes at least a $10 trillion economy, India never forgets.....

@spidermantom4367

Жыл бұрын

@@joexavier4070 India is now the 5th largest economy and Indian currency is doing far much better than other currencies get your facts straight and talk😂😂

@joexavier4070

Жыл бұрын

@@spidermantom4367 1 pound 💷= how much indian rupee 😂😂😂

Having a master degree in Finance and working in financial industry this video explanation doesn't make sense unless this is agitation for bigger government.

@slatsgrobneck7515

Жыл бұрын

Yes, I felt the same about this video. NEO talking points, not what is best for the UK.

Is her name really Keynes !!?? That's instant cred for an economist !!

@yannicklewy7281

Жыл бұрын

not as much as if her name were Friedmann

@mellowmike6263

Жыл бұрын

I actually looked it up she's the great grand niece of John

@rob6850

Жыл бұрын

Hmm this must be "The Economist" they keep talking about

@swebb302

Жыл бұрын

@@mellowmike6263 I guessed so

@mdaniels6311

Жыл бұрын

@@yannicklewy7281 Friedman is a snake oil salesmand and not an economist. The only valuable contribution he made was the helicopter money concept. Apart from that his economic theory is complete bunk.

Why do you need two camera angles on such a routine journalists monologue?

@rob6850

Жыл бұрын

An excellent question. Now I can't see past it.

Socraes was right. You don't vote someone as the captain of the ship in a storm.

investors are withdrawing money in fear of loosing even more...

@bigkuriboh3814

Жыл бұрын

Don't lie, investment is going up now, the pound is rising and is higher than it was before the budget and the economy is actually growing when most economists said we would be going into recession 😆

@taekwanlew

Жыл бұрын

@@bigkuriboh3814 There are 65 billion reasons why. Stop being niaive. The BoE saved the entire UK economy including the pensions market that almost collapsed. Prove me wrong

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. John Maynard Keynes 1936

Anything that helps any people will be financially punished.

Would have been better off with Rishi. Tories chose wrong again 🤯

@georgosdidymus2023

Жыл бұрын

I am sure the Tory party members, just as their MPs who had voted for Rishi in majority, knew exactly what was going to happen but they wanted Liz Truss to be the PM anyway, for obvious reasons. As Omid Djalili said in one of his standups about the British character that led to Brexit happening: "we made our decision. We are going to keep moving forward" even if it means it's fatal.

@TheWaleedKhalid

Жыл бұрын

Would have been better with Jeremy Corbyn

@JustSumChillAlien

Жыл бұрын

They don't care. They're all in it together.

@ianphillips7778

Жыл бұрын

You could be right. But that is just focusing on a tiny detail, when we should step back and question if it is the right party. And step back again and question if a 2 party system is the right voting system. And step back again and question if having self interested political parties do what they want, is a sound idea. Don't step back at all, and you are supporting the current mayhem, and have to live with whatever mess they inevitably make.

@OkarinHououinKyouma

Жыл бұрын

As far as I remember, Sunak warned against Trickle down economics. Tories truly love Margaret and her legacy.

How do you implement QE (quantitative easing) and in the same breath raise interest rates? Who exactly is advising "Great Britain".

@mdaniels6311

Жыл бұрын

QE is a sham because most people don't realise banks do not loan out reserves... So adding to their reserves wont do anything to borrowing.

Oh my goodness! Her gestures are even more drowning than British economy .

You don't need an Economist to find out there is worse to come. Wake up people

Really enjoying this. Almost too much 🥰

I don't understand how we can have a chancellor without a qualification in economics....

@catmonarchist8920

Жыл бұрын

He has a PhD in economic history

@PM-vd2fs

Жыл бұрын

@@catmonarchist8920 exactly economic history not how it works or current economics. That to me is worrying. I wouldn't see a doctor who had only trained in the history of medicine. Just my own personal opinion.

@JerzyFeliksKlein

Жыл бұрын

@@catmonarchist8920 Or a pilot with a PhD in aviation history

@ashleynakamura9540

Жыл бұрын

@@PM-vd2fs not the same thing, you are basically telling us you know nothing about higher learning or how governments are run. Check the qualifications of the Health Minister and tell me if you would see her for a heart surgery? We know what your issue with the Chancellor is, just say it.

@jsusbdndk1362

Жыл бұрын

@@PM-vd2fs that’s not how it works bud

off to the job center in the morning, looking forward to being pressured into taking a zero hour contract job that I have to travel 40+ minutes on the bus to get to.

I would say TAKE ADVANTAGE OF THE RECISSION! Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.

Great content. Never understood the need for a second canera perspective.

@normanmercer6704

Жыл бұрын

It makes it even more “sensational”

''Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius - and a lot of courage to move in the opposite direction.'' - E.F. Schumacher So, there we have it...Is LT a madwoman or a genius? *You decide* .

@krombopulos_michael

Жыл бұрын

I think neither. She just isn't that smart imo

Thank you !

great analysis.

So by the time you had actually posted this the Pound had recovered to the point it had its most successful week since 2020. We have to accept that all currencies are currently in very choppy waters. The government made mistakes in their delivery of information but otherwise I think this will prove to be a positive turning point for our economy. We could trundle along for the next 5 years with unmanageable debt or we could take radical action in an effort to reduce inflation and bring that debt under control.

Britain should works massively in its infrastructure! Rebuild anything that its age more 100 years, it needs to renew its skin. This act will strengthen the economy & the value of the British pound. Also needs to do more explorations for new sources of energy around the world specially ( Commonwealth countries)

What was the actual answer to the title?

🤔 The orchestra started to play the valse "the waves of the Danube"...

This is incredibly well produced 👏🏼

@devinnlimbu7989

Жыл бұрын

LOVE IT😍😎

@tedchandran

Жыл бұрын

Jai Hinduja. Taking a leaf from his ill-fated predecessor, Charles lll should make use of this crisis to re-assert his Divine Rights to Rule

Why do they call it the mini-budget if it has unfunded liabilities while the price of debt increases?

@rimpeter

Жыл бұрын

bc they are cutting tax, I think.

Thanks for the video but I still do not understand the fundamental reason of the crisis. Is it political? is it because of brexit? is it a productivity issue?

So nothing to do with the Bank of England not following the Federal Reverse interest rate rises despite higher inflation in the UK then?

The UK has put up with Brexit, the Pandemic, Ukraine...and now a looming dark fiscal hole. They want someone to lead... and Ms.Truss is nowhere to be seen? Of course there's going to be a maddening cry for leadership, a pathway out and even to the possibility of future prosperity. The issue is... this isn't a UK only problem. The problem is a lot larger than just the UK. Europe is being weakened, splintered and divided. The question is... by chance or design?

@svetlanaprice5896

Жыл бұрын

PLAN demic

@acidthunder1

Жыл бұрын

It's all for the great reset

Turns out that "Indian looking" guy was in fact right all along, but UK couldn't bear to listen to "wise Indian looking" guy due to "certain" reasons. Who is laughing now?😬

yes BoE needs to follow the Fed and raise rates to stem inflation, and stabilse guilts, why the alarm?

What about cancelling Foreign Aid charity begins at home but not in the UK

There is no benefit to tax cuts at a time of such global crisis. The UK gov keeps insisting on austerity and they are going to get increased instability that will probably turn violent.

@mdaniels6311

Жыл бұрын

I hope so. People should not take this anymore.

@jennifercuddy5663

Жыл бұрын

@@mdaniels6311 It’s crazy. They can only keep doing this so many times and now is not the time. They have an 80’s mentality.

If they haven't found efficiency savings in 12 years of government, I doubt they'll find many more now

@jjefferyworboys8138

Жыл бұрын

Necessity is the mother of invention.

Yes

Surprised nobody is talking about how the federal reserve raising rates is rattling currency markets.

Falling house prices is always a positive outcome.

@system11yt

Жыл бұрын

It would be if everything else wasn't getting so expensive :(

@GreaseMonkeyFix

Жыл бұрын

Only really for cash buyers. High interest rates can mean you pay back just as much over the overall term of the mortgage. Also banks are less likely to lend money and they’ve pulled 40% of their mortgages of the market because the interest rate is likely to keep rising.

@jjefferyworboys8138

Жыл бұрын

@@GreaseMonkeyFix Agreed. It's worrying the level of ignorance among people that really don't think things though.

I HAVE ATTACHED SO MUCH LOSSES TRADING ON MY OWN....TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELLME WHAT I'M DOING WRONG

@colbygibson7594

Жыл бұрын

Same here, My portfolio has been going down the drain while I try trading.l just don't know what I do wrong

@adrianreese4207

Жыл бұрын

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

@herbertboyd6221

Жыл бұрын

Wow I'm just shock you mentioned and recommended Expert Mrs Stacy I thought I'm the only one trading with her

@mudashirushakiru8549

Жыл бұрын

I stumbled upon one of her clients testimonies and decided to try her out..I'm Expecting my third cashout in 3 days

@dustincarlson2729

Жыл бұрын

Here in Canada Expert Mrs Stacy griffin kartner carries out the both orientation and mentorship

SERIOUSLY, is this not EXACTLY what she said she would do, and what people VOTED for?

@patrickmccutcheon9361

Жыл бұрын

Like her predecessor who promised to get breakfast done.

It’s in this mess because we spent £400bn on a pandemic whose existence was tenuous at best, closed economic output for months on end when the economically active were least at risk and allowed Johnson, Sunak and Hancock to have access to seemingly unlimited “emergency” funds with no effective oversight from parliament. Nobody batted an eyelid at that. Now we have a few billion on a tax cut for those earning over £150k and it’s end of days!

The UK economy is doing burnout.

@devinnlimbu7989

Жыл бұрын

WOW😍

Why is the voice not in sinc with the video?

If we bailed out the banksters why cant the banksters bail out the people.

@evryatis9231

Жыл бұрын

because their money is the people's money

@jjefferyworboys8138

Жыл бұрын

@@evryatis9231 Very perceptive.

@jjefferyworboys8138

Жыл бұрын

Very few banks were actually bailed out. The UK's biggest bank HSBC wasn't and the CEO wasn't in favour of bailouts either.

that What Happened segment shouldve been longer. anyways the first time I heard the tax cuts I thought to myself tax cut? when theyre heading to recession? lol youd think the government would need more funds.. you dont even have to be an expert to realize this was a bad idea.

Keynes? Any relation?

@williammuk886

Жыл бұрын

Yes

so funny.... the British government only a few weeks old is responsible for tanking GBP... of course not the banksters 👏

@ciaranryan7303

Жыл бұрын

They are the same ppl. Who do you think funds the Tory party?

@acidthunder1

Жыл бұрын

Both are the same

"This went down extremely badly" **has an insane smile on her face** What is up with people like this and people in MSM who have psychopathic smiles on their faces whenever they're talking about something that's meant to be horrible???

@SDW3-6-9

Жыл бұрын

"Dupers delight"

It is very unfortunate.

Terrible camerawork.

Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.

@brandonfoster3796

Жыл бұрын

I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works.

@nilsjoch7803

Жыл бұрын

Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers

@luceromarkson6743

Жыл бұрын

The real risk in the Crypto market is the risk of not investing, not the risk of short term price volatility.

@charlesdouglas3394

Жыл бұрын

I have been investing in crypto but have had a bumpy ride. How can I reach your broker? I will appreciate any tip or pointers

@danielfrancisco3381

Жыл бұрын

I once tried trading myself but made more losses than profits. I wouldn't suggest it to anyone

Interest system should be flexible, non profit organisation need to be receive-able.

A more comprehensive explanation is needed

Another strange, wishy-washy style summary of what’s really going on. Real questions ought to be: Cutting taxes for the super rich when there is a 20% real inflation? How does that help? And why raise IR only now when inflation has been on the rise since QE has been implemented. Does she know anything about basic economics or is she just there to help the super rich? Also, the “aggressive” IR raise mentioned would need to be at least 20% to have any impact, just like it was pre-Thatcher. .75 basis points is not going nowhere near stopping inflation. Also: “Britain is not the only one by any means.” Really? Is that what will comfort the general population? The Swiss however, seem to be doing pretty well-and why? They are not over leveraged like the UK is!

@Gstrangeman96

Жыл бұрын

She was elected by a clique of few hundred thousand tory party members. Of course she's just there to help the super rich.

@spacetoast7783

Жыл бұрын

Did you even watch the video? They explicitly cited tax cuts as being inflationary and rate hikes as being recessionary.

@northyrs7240

Жыл бұрын

Tax cuts for the 'super wealthy' has little to no impact on inflation. The majority of consumer spending comes via the middle and lower class, to this degree a 20% to 19% income tax change will have a greater impact on inflation than dropping the rate from 45% to 40% for additional rate taxpayers. To your second point about a 20% IR rise, this kills off demand for goods and services, the expectation is that demand is going to fall off anyway for the UK consumer whilst prices are already expected to fall into next year, so increasing the interest rate too heavily could cause more damage than it needs to. This inflation isn't wholly demand driven so throwing the kitchen sink at killing off demand is a dangerous game and could over-do it, it has been caused by supply chain disruptions primarily, with a degree of pent up demand and increase to the amount of savings the average consumer has because of the pandemic (this is demand side but less weighting than supply chain problems). The UK has the 2nd best Balance Sheet of the G7 nations so is in a reasonable position to borrow money comparatively to other nations. There is terrible sentiment already in the UK about the coming winter so lower demand for products is already largely built in. If inflation self-corrects next year because supply chains sort themselves out naturally and expectations of global recession (supply up demand down) then all these dramatic rate hikes will have been more detrimental than helpful. You can already see this in oil prices and other commodities. This is why the inflation was originally expected to be 'transitory' which it could be, just that it lasts a little while longer than expected. Also to your last comment 'is that what will comfort the general population?'. What is the goal of the government/BOE here? To properly address the issues at hand or make the average person who understands nothing about economics feel better? It's easy to raise your pitch forks about the problems that are going on rather than engage your mind and look at the actual data. This wasn't intended to be a personal attack on your comment just seemed an apt place to explain.

@immers2410

Жыл бұрын

@@northyrs7240 so many words, but so little sense

@Vitalclubsport

Жыл бұрын

​@@northyrs7240 If tax cuts for the super wealthy have no impact, why even consider putting them into effect? And why promote it as some big achievement on behalf of the government? That was my point. Maybe it was not clear. To your comment regarding killing off demand: Demand is already low and is being kept alive artificially through subsidies such as QE (which is, essentially a tax on the population) and negative interest rates. Inflation will not subside and inflation is what is stifling demand in the first place, the higher the prices, the less purchasing power there is. to that comes to devaluation of the currency, also stifling demand. To your point about the UK's balance sheet: It's useless to pat ourselves on the back about how great the balance sheet is amongst nations of the G7, when most nations are even worse shape and bankrupt. It also contradicts the current socio-economic situation with the so-called "cost of living crisis" and the fact that distribution of wealth indicators have moved miles apart, the gap between rich and poor growing year by year further (and now the tax cuts). Furthermore, the UK’s net capital stock was estimated at £4.5 trillion in the 2020 government report, increasing by 0.6% compared with 2019 in chained-volume measures, which is significantly below the average increase of 1.5% between 2010 and 2020 and was the lowest growth rate since 2015, when annual growth was 0.3%--Scarcely the indicators of a fantastically healthy balance sheet. Moreover, the "inflation-is- self-correcting" argument is something that has been used since 2009, when the first QE policies have been enacted and were meant as a temporary "emergency measures", an emergency that has lasted for well over a decade now ...has it self-corrected? No. Also: how is it meant to "self correct"? There is only one body able to regulate inflation and that's the national bank, the BoE. Are they really doing anything to rein in inflation? No. It's getting worse, as more money is being printed. Inflation is a tax that is paid by the poor and welcomed by the rich or as Friedman put it: "Taxation without legislation." or as Hemingway put it: "The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists." With war and inflation both in full motion, one cannot help but come to the conclusion that the truth has been laid bare. To your point about the government's role: Yes, they have full responsibility towards the general population when it comes to monetary policy, including those who understand nothing about economics. So yes, if you have no understanding of basic economics, you think the responsibility lies in the hand of the economy or the people...or the tooth fairy, for that matter, sure. Government and party policies are sacred, everyone who questions them is uneducated and knows nothing about economics--a statement that authoritarian regimes have used and continue using today. As to your last point about raising pitch forks: I look at the actual data every day and the reality on the ground. Maybe you should do the same and take your head out of the sand for starters, instead of writing demeaning and patronising comments. Real inflation figures are almost never given by the government, especially because they continuously change the composition of the CPI, to suit their statistics. So it's the CPLIE, not the CPI. When a year and a half ago energy and petrol spending was roughly 150,- quid a month and now it it's more than double that, yes I will raise my pitch fork-- and so should you unless you still think that inflation is somehow accidentally bestowed on the British people because of Putin's war and the cost of living crisis! This was not mean to be a personal attack, either, just an apt place to explain further.

It's a recession should have been in 2018/2019 here it comes

@jjefferyworboys8138

Жыл бұрын

Recession is no more than 2 consecutive quarters fall in GDP. A 0.1% reduction is hardly noticeable, but still a recession. It will be interesting.

There is noise that this could be a corruption issue with currency traders making huge profit. The question is who in the traders are linked to the govt

if truss then YES

If Truss is a weak PM, how on Earth could it have happened that she was elected? How could this be possible?

@gerrytowie9618

Жыл бұрын

Well the Tories did elect a corrupt pathological liar in Johnson so anything is possible.

@Nomadar

Жыл бұрын

She wasn’t - it was an internal Conservative leadership election

@Gstrangeman96

Жыл бұрын

She wasn't elected by the British people. She was elected by a few hundred thousand tory party members who were presumably looking after their interests and those of their investments. There won't be political elections in Britain for another year and a half.

@s._3560

Жыл бұрын

Well, you would have thought the elites could have made a more well-informed decision as to who is more capable amongst them, than joe public.

@creounity

Жыл бұрын

@@Nomadar Doesn't feel like a Democracy, if a country's leader is not elected by the people of the country 🤔

Why are the world leaders and governments making gross and unusual mistakes simultaneously ?

@Vitalclubsport

Жыл бұрын

They are not. Just trying to keep the rich richer and the powerful even more powerful. Let the sheep 🐑 suffer the consequences.

@jc4evur661

Жыл бұрын

They are preparing the way for a one world leader, one where you will not be able to buy or sell without taking his mark on your wrist or forehead. He's written about in the book of Revelation. Whatever you do, do NOT take this mark.

Economics 101. Market dynamics

Cutting tax increases to corporations is just kowtowing to big money; their profits can shrink to let citizens breath. Cheers from the Pacific West Coast of Canada.

Billionaires need help too, you know.😂

@TKR377

Жыл бұрын

I do need help... I'm a millionaire. I see this and I'm happy I'm not poor.

@ciaranryan7303

Жыл бұрын

Poor ppl are so selfish!

@appletree6741

Жыл бұрын

Exactly. Upkeep costs for yachts and vacation villas have skyrocketed!

Another nail in the coffin for the modern economic system…

Because it is post industrial

Greatness is leaving Britain

@tedchandran

Жыл бұрын

Jai Hinduja. Even Queenie has had enough of the old anti-monarchist Truss.

Because UK government supports Ukraine at all cost more than its own citizens. And Putin also think Russia must win at all cost.

@pan2aja

Жыл бұрын

Ah.. bacot lu sok sok ikut campur urusan negara orang 😅

@ciaranryan7303

Жыл бұрын

Nope. Because Tories slashed taxes. Try to keep up.

Next time let Mss Keynes make a reports in her pyjamas

What is the point

It's almost as if we never had 2 years of lockdowns and money printing. As though the problem began with KK's budget.

@system11yt

Жыл бұрын

Indeed. 37 billion on Test & Trace = nobody cares. 2 billion tax cut = sky is falling.

@anivicuno9473

Жыл бұрын

@@system11yt I dunno where you're getting your numbers, for the test and trace, while 37 billion was budgeted, only 13.7 billion was spent. In contrast, the tax cut is expected to have a 5 year cost of 45 billion, in addition to many more billions in lost revenue from the cancelled corporate income taxes. So really, of course 13 Billion in spending has a negligible effect on the economy as opposed to the lost productivity of allowing billions to sit in the accounts of the rich. The Marginal Propensity to spend is much lower with the rich than even the middle class, so allowing them to retain obscene wealth is damaging to an economy.

@jjefferyworboys8138

Жыл бұрын

@@anivicuno9473 The cost of the Energy assistance package will cost 3 times that of the tax cuts, probably more. Who doesn't like tax cuts ? The timing was misjudged, but I will benefit from them, so not all bad.

This economist girl must be the children of JM Keyness

@DaniErik

Жыл бұрын

Not quite. He was her great-great-uncle

Ft needs to talk about Ecosia they are a search engine that plants trees

What could have caused the Pounds to fall? Tax break can not cause collapse of the economy. Hiking the interest rate is meant for temporary adjustments to the economy. I am sure the United Kingdom, British economy will remain strong.

The Pound has been weaking for ages, not due to the mini budget ... *that's just spin*

@CreativeCache101

Жыл бұрын

and so have most other European economies, the weakening in the pound to the dollar is almost identical to the others. The dollar is just strong and it nothing has to do with the mini budget

@CreativeCache101

Жыл бұрын

@@chrysalis4126 em look at the euro at the same time, it fell off a cliff too, you saying the UK's mini budget brought down the whole of Europe's economy??? correlation is not causation

@jf6853

Жыл бұрын

@@CreativeCache101 I'll also then hazard a guess you'll also say that the Bond meltdown is also due to the mini budget?

@jf6853

Жыл бұрын

@@CreativeCache101 Agreed

@jf6853

Жыл бұрын

@@chrysalis4126 So what do you think caused the Bond catastrophe? mini budget?