We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

@michealliam8189

Жыл бұрын

People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

@rogerwheelers4322

Жыл бұрын

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

@joshbarney114

Жыл бұрын

You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.

@FabioOdelega876

Жыл бұрын

@@joshbarney114 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?

@joshbarney114

Жыл бұрын

@@FabioOdelega876I've shuffled through a few advisors in the past, and "Colleen Janie Towe” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

The world is collapsing because of politicians

@healthiswealth6797

Жыл бұрын

Roman Empire fell due to politics... happening again

@CooManTunes

Жыл бұрын

No. It's collapsing because of mentallyderanged, wokeliberals.

You can feel it in the air when you walk around - it's a country in decline.

@alonshalit5778

Жыл бұрын

That sounds like Hong Kong.

@jimbocho660

Жыл бұрын

@@alonshalit5778 And the US, Germany, France, Canada...

@TheBlackManMythLegend

Жыл бұрын

voila

@Clive697

Жыл бұрын

Anyone over 50 realises why their country is declining - but they'd be called a 'phobe or 'ist for giving the causes. The regime and fifth column of leftists destroyed the land, not its regular people.

@uptin

Жыл бұрын

Wow how’s your experience so far?

Collapsing looks a too strong word for a country that is just stagnated, like many others.

@harukrentz435

Жыл бұрын

Stagnated? If youre getting poorer thats not stagnated at all.

@kwanman5146

Жыл бұрын

Bloody clickbait. Irresponsible as well. He making money off a bad situation.

@Mpl3564

Жыл бұрын

​@@harukrentz435 I'm not denying that economic stagnation coupled with increasing income inequality is a serious problem, although not exclusive of the UK. Eventhough, I prefer not to banalize strong words like collapse and reserve them to situations like those of Sri Lanka, Argentina and probably Turkey soon. The Uk is a high-income country, has a different scale of problems.

@justsomeguy1141

Жыл бұрын

Inflation is making everyone poorer. That is definitely worst than stagnation.

@davidtrak2679

Жыл бұрын

It's been taking it much harder. Of course, it has a long way to fall from, so unlike Lebanon it'll recover. But 10 years down the line, it'd be behind what it could've been.

I wouldn't mind paying higher taxes-but unlike in Scandinavian countries we get zero from our incredibly high tax bills. No public transport, no infrastructure investments, no house-building programme, incredibly long waiting times for hospital. Almost everything in the country (including the NHS) needs a re-do unfortunately.

@SP95

Жыл бұрын

Then who is getting all that tax money ? Retirees ?

@coryjohnson1515

Жыл бұрын

@@SP95 The military (a stupid nuclear deterrent we don't need for example), healthcare and pensions for a too-old population, a very poorly managed and overwhelmingly bureaucratic public health system... Sometimes like during lockdown ministers just give billions to their mates via Whatsapp for fake contracts.

@Mgameing123

Жыл бұрын

**But but HS2** Oh sorry forgot that they are cutting costs on it and reducing its benefiit.

@justsomeguy1141

Жыл бұрын

Best solution in the UK is private school and private health care. If you’re poor you’re fucked honestly.

@DruidHark

Жыл бұрын

The UK gives more and more money as subsidies to large corporations, and tax breaks for the rich.

All of this sounds EXACTLY like this situation in Australia in 2023 - we have a cost of living and housing crisis, the Australian dollar is getting battered in exchange rates, the government printed money during the pandemic, staffing shortages and rising interest rates. Things are going downhill 🙄

@mofo78536

Жыл бұрын

How the hell did house price rise during the pandemic when the population of Australia dropped... it's not getting any better now that people are coming back.

@jim-es8qk

Жыл бұрын

​@@mofo78536It happened in the UK too. House prices rose at their fastest rate ever during the pandemic. People who owned housing in nice areas made fortunes.

@Lando-kx6so

Жыл бұрын

Sounds like the USA & Canada as well

@ianwynne5483

Жыл бұрын

​@@hestiyani337this is the same all over the world, Blackrock, vanguard and state Street buying housing estates off the plans, no chance of first time buyers getting a foothold.

@jungleboy1

Жыл бұрын

@@mofo78536 because money was cheap. Covid allowed govts to print money and of course they can't just print it out of thin air it needs to be lended and this probably came from the rich and now they cashed in good and bought up all the assets why prices are so high and low supply

As a young person who recently graduated in 2021 from university and started his first job in science, I am even considering leaving the UK in favor of the UAE, Singapore, Portugal, or any other country that has a better quality of life than the UK. I am also considering switching careers to an industry that is more profitable, because ultimately it is not fair for young people to suffer the consequences of the choices made by the older generation and the incompetent government.

@uptin

Жыл бұрын

Very interesting thanks for sharing. I think it’s smart to consider leaving at the moment

@Lando-kx6so

Жыл бұрын

Good for you, plenty of people from the places you just mentioned are going to the UK

@tanyaroberson9629

Жыл бұрын

Add New Zealand to your list. Its economy has problems too but the weather is nicer.

@YoAddicts

Жыл бұрын

Hello. I am also a scientist who left in 2014 to Singapore. I highly advise you to go visit those countries before considering your move. You have to do your research properly of whether those places are really suitable for you to live for the long-term. You should be considering the work aspect, and the whole picture as well (e.g. culture, ease of travel, costs, tax, housing prices, political system, history, society values, religion, language...etc.). Needless to say, I regretted tremendously going to Singapore. It took me around 8 years to return to the Western world. Once you leave, it gets much harder for you to return to your home country. That's because industry prefers to hire those at home, and not from overseas.

@conceptsound5

Жыл бұрын

@@tanyaroberson9629 i will definitely add New Zealand to my list

The UK has been in and out of recessions and crises now for 50 years. 3 day week in the early 70s. Miners strike and 3 million unemployed under Thatcher. Recession early 90s, when I left the Army and went back home to the West Midlands in 1993 unemployment there was 45%. Late 90s not much better unless you were in London but Blair opened the floodgates to unlimited immigration. Credit crunch 2008. Shite wages after mass EU immigration post 2004. And on and on. I've lived abroad a lot on and off for the last 3 decades and returning to the UK is always a culture shock, like why is everything so drab and run down, including the people.

@Black-Circle

Жыл бұрын

nice

@michaelplank8966

Жыл бұрын

To many makes of people that don't get on huge criminals numbers no law and order people living of the government what do you expect equal diaster like never before

@olifromsolly6007

Жыл бұрын

Nice to know there is someone else out there that recognizes how rundown the country is. The south is supposed to be rich but is full of grotty towns.

@simonh6371

Жыл бұрын

@@olifromsolly6007 Most of London is grotty to be honest.

@markandrews6054

Жыл бұрын

You got it in a nutshell. You're probably as old as I am (mid fifties). I remember everything you mentioned in that order. You absolutely hit the nail on the head. It makes me think now at this age there is no future in the UK. It will always be like this. It's a crying shame because the British have SO MUCH potential but all of our potential is being spaffed up the wall because the government see more reward for themselves and their mates in big business than creating a reward culture for hard work for the average small business owner/s who for many years will struggle just to get by. Go abroad and the situation and the comparison becomes stark just how bad it is here.

As usual good job Uptin explaining the situation we're facing here in the UK and more specifically in London. I'm planning to buy a flat but with this interest rates it's not easy at all

@uptin

Жыл бұрын

Honestly Best of luck!

@jim-es8qk

Жыл бұрын

it's 5%. Intrest rates are still at a historic low. In the early 90s, they were 15%.

@AzeemMia

Жыл бұрын

​@@jim-es8qk5% for a 1 million house?in the 90 house was like 10 bucks 😂

@jim-es8qk

Жыл бұрын

​@@AzeemMiapeople went into negative equity in the 90s, and a lot of houses were repossessed. That hasn't happened now.

@christophernicolson5086

Жыл бұрын

Just wait a few years as tge current freeholders mortgages roll off. Prices will come down

Too many 'settlers' from Pakistan and Bangladesh living off the State?!

I used to lived in UK from 2013 to 2018, and as latinamerican I can say that situation in UK used to be very common in several countries in latinamerican. Unfortunaly, most british do not realize what's coming over them

@TheBlackManMythLegend

Жыл бұрын

That stiff upper lip and we the best we were the empire whatever mindset .... is dangerous. It's good to have confidence. Negativity is not great ... but.. come on sometimes its good to see whats happening and correct course/ Anyway I am not an economic political dude.

@U581

Жыл бұрын

@@TheBlackManMythLegend i hope the situation in UK improve, because i passed for 2 economical crisis in my country (years ago). So, the life style fall drastically

@arielcolombo6617

Жыл бұрын

Sos de Argentina?

@U581

Жыл бұрын

@@arielcolombo6617 no, México but in 1994 the same scenario than Argentina. But the same scenario than argentina happened in that year

@gustavoc.301

Жыл бұрын

omg! thats 10000000% true, they recently start allow to pay in instalments, they were advertising this like an amazing new thing, Im from brazil and since early 90s we all pay with instalment lol, this crisis here for me is nothing

Prices are going down here in Germany. Not only food prices, but energy prices too. My electricity bill will go down. We dont have to pay for shareholders and CEOs . My suppliers are the municipal suppliers.

As someone that lives in London the uk has really collapsed sadly it looks like things will get worse before it gets better.

British here… thank you for posting this.

@uptin

Жыл бұрын

I’m glad you liked it!

@paulyandnukhas

Жыл бұрын

@@uptin unfortunately I’m not sure I can say I liked it, excellent content though mate.

@paulyandnukhas

Жыл бұрын

Liked that you’re showing the world from your viewpoint though =) suggestion though, look into our “Track & Trace”, the cost was £37,000m verses Germany’s £200m.. our most comparable country.

So the UKs economy is shrinking this year but Russias is growing? That’s kinda crazy to think about.

@saimedi2100

4 ай бұрын

“muh sanctions” - NATO

@_Epsilon_

24 күн бұрын

And it is growing like it hasn't in a long time. Russia's economy has been very underfinanced so they started investing a lot. And Russia's economy was already pretty big, it was top 4 energy consumer and World Bank already put Russia above Japan in terms of power purchase parity and that's 2022 data.

Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

@nuraibrahim8735

Жыл бұрын

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

@Giftcleo2

Жыл бұрын

I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Janet

@LisaAshley0

Жыл бұрын

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

@asneeRonny24

Жыл бұрын

YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF expert MRS JANET

@RyanSean1

Жыл бұрын

Here in Texas Expert Mrs Janet carries out the both orientation and mentorship potentials

*It's not just the UK. There are many countries around the world which are facing the same issues. Look at Singapore. The rents have skyrocketed over there. Germany is literally in recession. Spain and France have been having pretty stagnant economies for decades now.*

@jim-es8qk

Жыл бұрын

It isn't.

@arieskobelappay8055

Жыл бұрын

@@charlie_56 Where'd you get your data einstein?

@ocanica3184

Жыл бұрын

​@@charlie_56 Why?

@zaidahmed9527

Жыл бұрын

Refer to figures from the Organisation of Economic Cooperation and Development (OECD), which looks at how rich countries are performing, show the UK economy fell further than others in the first months of the pandemic. No catch up since, and now the Bank of England and IMF both expect the UK economy to shrink this year, while other G7 countries are expected to grow.

@ocanica3184

Жыл бұрын

@@zaidahmed9527 This is incorrect

Behind every cloud there’s always a silver lining, there’s always a huge opportunity in every financial crisis, those were the exact words of my financial mentor mr. Tom Lawson.

@abbydowse6729

Жыл бұрын

Yeah that is him, since I lost my job investing with him has been my primary source of income, I have generated over $147,000 of profit during the course of my investment.

@abbydowse6729

Жыл бұрын

He is on INSTAGRAM as

@abbydowse6729

Жыл бұрын

tom•lawson•trade

@megaagentj2248

10 ай бұрын

mfw bot

London also has problems with its public transport especially the tube train system. While new lines have opened & stations like Tottenham Court Road been rebuilt, many of the stations haven't changed in 40 years! For example the Piccadilly Line. Lovely flash stations at Heathrow but once you get past Hatton Cross it is a visual journey back to at least the 1980's or even older. The Hounslow stations being a good example of what I mean. Functional & kept clean, there are even some clever things done like the bird netting at Hounslow Central that keep birds from roosting under the roof. But overall many of these stations look like something authorized by Clement Attlee during the post war years austerity.

wow man ! Always learning new stuff with you. the quality of the video is insaneeely good 😍

@uptin

Жыл бұрын

Thanks a ton!

@gnrseanra9070

Жыл бұрын

​@@uptin Yeah, I'm not impressed.

I feel so let down by the UK. Desperate to get my kids out of the country. So let down….

@kitmoore9969

Жыл бұрын

Where are you going?

@DTL0VER

Жыл бұрын

@@user-om4xc1xe6l wish I could. Trust me…

@user-vc5qk9tg7u

Жыл бұрын

sadly not an option for many ordinary Brits. the wealthy feudal class though is a different story because they can afford to.

@kitmoore9969

Жыл бұрын

@@user-vc5qk9tg7u He won't answer; maybe you will? Where would you go?

@user-vc5qk9tg7u

Жыл бұрын

@@kitmoore9969 like many ordinary people in EU, I can't afford to move anywhere. We are all f'd. The wealthy oligarchs would be fine though. Welcome to capitalism the best system in the world (for the oligarchs at least)

3:20 IMF has updated forecast of UK economy , that the economy will grow by 0.3%

@nofiltersenzafiltro9596

Жыл бұрын

hes a propagandist

@idonthavealoginname

Жыл бұрын

0.3% is a joke considering how much money the UK is 'supposed' to have. The UK economy is a basket case after decades of mismanagement by incompetent politicians who don't understand International or domestic trade.

@yofinance1777

Жыл бұрын

Meanwhile France and Germany have 0 debt, 0 unemployment are taking at a rate of 20% a year LOL

@sourabhkarkala343

Жыл бұрын

​@@nofiltersenzafiltro9596imf lol.. They are wrong most of the time

@nofiltersenzafiltro9596

Жыл бұрын

@@sourabhkarkala343 not for eu friendly countries

I visited UAE in the month of March for some work I saw alot of millionaires from China, India relocating there. Moreover I also saw alot of British financial companies setting up there offices in Dubai and few friends working in Qatar Investment Authority are very pessimistic about their investments in UK.

@stevenhenry5267

Жыл бұрын

The Gulf States are trash

@helpanimals-

Жыл бұрын

it doesn't matter. UAE is a corrupt country AND non arabs arent allow to get citizenship

As she says the money we pay in we don't see any of it in return. It all goes to shareholders or being wasted on hotels for migrants. We pay a fortune for car tax yet the roads are in more of a mess, the country is a disgrace

@12alocin

Жыл бұрын

Shareholders, in the British government?

@penfold9540

Жыл бұрын

Reasonably sure that the government doesn't have shareholders, the majority of your post...yep.

The IMF - which said at the start of the year that it expected the British economy to fare worse than Russia's in 2023 - upgraded its outlook for the U.K. Tuesday. It now expects the U.K. economy to grow by 0.4 percent in 2023, an upgrade from the 0.3 percent contraction it predicted in April. - you need to change your IMF forecast it was revised in May

@godehardbrysch7905

Жыл бұрын

@@THX829 Not entirely correct. Of course, a state can't collapse or go into administration. Inflation is higher but it will drop. Currency, today: 1PB - 1.17€. That is better than 2 months ago € 1.14. But this comparison is crucial, look up what the value was before Brexiit. The current strength is based on the higher interest rates. Energy costs: Boris Johnson said: "Germany is totally dependent on Russian gas, we only 3%, there won't be any energy crisis in the UK". It's right, problems are similar in many countries as we are globally connected, and for me it's not so significant if anything is up to 0.3% or down 0.3% but this is not the issue, but and it is a big but, predicted after Brexit was a boost, gigantic investments, the strongest country in Europe and Sir JRM even said: "We are now the party of the working class." Ukraine? Covid? Hold on, it seems to be a beau temps Brexit, a Brexit that only works if the conditions are good. - wish you all the best -

@gnrseanra9070

Жыл бұрын

​@@godehardbrysch7905 UK Just passed France in terms of GDP per capita.. IMF need to revise figures again!

@godehardbrysch7905

Жыл бұрын

@@gnrseanra9070 Good morning gnrseanra, for me the GDP per Capita is more significant than the general GDP, seems to me that you are of the same opinion. An industrialized country with a high population number achieves a higher GDP, no wonder that the USA and China have a GDP that is so high. Though my term "industrialized" is to be seen critical. I've checked it and used the International Fund Monetary site which is the latest one. GDP per Capita, you are right: UK:26 - France: 27. We in Germany are not much better: 19. I'm right that smaller countries have better numbers: Belgium. 22 - Sweden: 20 - Austria:18 - Denmark 16 - Ireland, your neighbour: 6 (!) - The best in Europe is Luxembourg: 3, even better than Switzerland - Number one: Qatar. - Thank you for motivating me to do some research, I wish you a happy Tuesday.

@jim-es8qk

Жыл бұрын

​@@gnrseanra9070it passed France years ago.

@user-vc5qk9tg7u

Жыл бұрын

@@godehardbrysch7905 assuming you can trust these figures, we have manipulated all sorts of figures, we even changed the definition of depression, the definition of vax. LOL

The EU isn’t as rosy as you think, it has a serious debt issue and they are in decline as well.

@williamduke1756

Жыл бұрын

The entire world is in decline.

Good job, Uptin, perhaps we can see some stories of where people have moved to to get their perspective too? I’m an ex-Brit in Melbourne, Australia.

@12alocin

Жыл бұрын

Did you throw your British passport in the bin?

Open to the world while under your control is the ultimate formula.

We got the same issue in Canada, many Canadians are leaving. People are sick of seeing our government fund proxy wars and all these other projects that have nothing to do with Canadians.

@InconvenientTruth50

Жыл бұрын

As a Canadian, I am not sure about this comment. People are moving around to other provinces to a certain extent looking for a lower cost of living, but there is no mass exodus of folks leaving the country. It's actually the opposite, the population growth rate is +2.7 percent . In 2022, the number of Canadians rose by 1,050,110. As of June 16th, 2023 Canadian population is 40 million. The housing supply and demand issue is driving cost on top of inflation and recovering from the impact of covid. Within my personal circle I have two friends that moved from the UK. 1 just got their landed status and plan to pursue getting citizenship. I have a neighbour who relocated his whole family from Houston, Texas because he hates the direction of America. The government needs to address the housing crisis if they continue to expect this kinda of growth. Especially in big cities like Toronto and Vancouver.

@abrorbobomurodov2361

Жыл бұрын

@@InconvenientTruth50 increasing by immigration

@InconvenientTruth50

Жыл бұрын

@abrorbobomurodov2361 increasing nonetheless. The younger of the baby boomers are hitting retirement age. The next Generation behind them Gen-X is a small group. There is a shortage of people or in capitalistic terms workers. Canadians are not having big families. Who is going to fill the jobs that need to be done, prop up social insurance, etc. Like many developed countries experiencing stagnant growth rates, immigration is the only solution right now. Anyhow, Canada is a land made up of immigrants whether you like it or not.

My energy costs in Europe gave me a refund last quarter. I was paying a fixed amount in anticipation of high prices but this billing cycle I got a few hundred refunded

I am one of the people moving my businesses to Spain and sadly leaving London as we won't be able to cope with recruitment issues and high expenses.

Forty plus years of thatcherism that's why. Greed , selfishness leading to corruption on a scale we've never seen before.

Germany is in recession, the UK isn’t.

Looks like you are using your iPhone’s cinematic mode to blur the background, I would recommend turning it off as it looks very artificial.

It depends where you live I live in a small village in the north of England where I pay rent £300 a month

@Algerian.G

Жыл бұрын

300 a month for a room? 🤣🥱

I have never seen a country vote to sanction itself like the UK

@Fatihturk0071

Жыл бұрын

It was the dogmatic elderly voted for brexit. Voted out of racism.

@falconking8294

Жыл бұрын

@@Fatihturk0071 sadly the were younger people who voted for it too for different reason🥲

@healthiswealth6797

Жыл бұрын

Brexit was a great idea in theory but our parliament sabotaged it to fail and fill there own pockets off the back of it

@Pinerocks

Жыл бұрын

I’m “elderly” and certainly didn’t vote for it. It was the uneducated mainly, also younger people generally don’t vote.

UK isn't the only country facing inflation.

I blame the amount of Refugees we have let in plus unskilled immigrants that are on Universal Credit - Rishi is indian and indias budget has just passed the UKs just saying. And surprisingly Refugees and Immigrants weren't mentioned.

At least one person identified the cause of inflation which is the government printing too much money.

It's tough making money now and especially in stocks when institutional investors are the driving force behind the selling. I'm trying to avoid making any new buys at this point in order not to get sucked into a bear trap, tho I read an article of people that grossed profits over $150k this 2nd quarter, wondering what could be the best stocks to put on a watchlist for capital gains, both in a bull and bear market

@annemoore4461

Жыл бұрын

Yes, tech, transportation, e-commerce, among other sectors, are expected to experience growth. However, considering the recent surprises in the market, it's advisable to consult a financial advisor. Their expertise is invaluable in navigating this storm and ensuring you make informed investment decisions.

@ellaaysun6181

Жыл бұрын

@@annemoore4461I've not really considered financial advisors/portfolio managers but who would you recommend?

@annemoore4461

Жыл бұрын

@@ellaaysun6181I highly recommend considering my advisor, Joffrey Adam Smith, as your investment advisor. With his extensive knowledge and experience in the financial industry, he is on par with other institutional investors. Notably, Joffrey was a protege and former employee of Warren Buffet, one of the most successful investors in history. His insights and expertise can help navigate market fluctuations and optimize your investment strategy. Trust Joffrey Adam Smith to guide you towards profitable investment opportunities and achieve your financial goals.

@annemoore4461

Жыл бұрын

@@ellaaysun6181a search on google with the keywords "JOFFREY ADAM SMITH" should get you what you need

@ellaaysun6181

Жыл бұрын

@@annemoore4461 He appears to be a true authority in his profession. I looked him up online and found his website, which I browsed and went through to learn more about his credentials, academic background, and career. He owes me a fiduciary duty to act in my best interests. I set up an appointment to use his services. Thank you.

Look I am of Polish decent and live and was born in Australia. I don't think the British people who voted for Brexit care that the economy is down a bit. They just wanted control of Brittain to stay in Brittain even if it cost a bit of GDP to do it. So those people are maybe not happy but content. My 2c worth.

Please do this for Toronto, Canada - I'll even talk with you

There is no difference here in Ontario, Canada. House prices in the Southern Ontario are ridiculously overvalued. There are so many red tapes, in truth there is no free market. Many industries are tightly regulated, except for real estate. The country relies heavily on the r.e sector. Difficult to build a future for a new comer, and for the young generation, unless one has wealthy parents, generational wealth. Also, another that seldom gets mentioned is that private debt is much greater than public debt. The latest stat reveals it is the highest in the world. It's seems that the Dept of Fin just seem to ignore the private debt crisis. Many are house poor. I have lived here for over 46 years, and truly belive that it is better to settle elsewhere.😭😭😭

So sad to see this happen

It's all about the quality of life. Inflation has hit alot of Countries but the economy needs more markets to increase jobs productivity.

I subbed at 2k, your should blow up to 1M soon.

@James-tp6tv

Жыл бұрын

Siamean how are you doing today

The UK has had a productivity crisis for last 15 years as lots of zombie companies were on life support with low rates. Higher rates will ultimately burn these out so things will pick up. UK not even in recession dont forget.

I left that mess to go and live in South Korea. No regrets.

@rafae5902

Жыл бұрын

english teacher?

@saiftravelschina

Жыл бұрын

Same, currently living in China, better stay here than going back to the UK.

@jimbocho660

Жыл бұрын

@@saiftravelschina Would like to hear from you again when they no longer need English teachers.

@saiftravelschina

Жыл бұрын

@@jimbocho660 It's easy to get another job, I'm qualified for that. I've been here long enough, with great networking. No worries.

@thepatriot4076

Жыл бұрын

I left the Uk to live in North Korea, no regrets

The last words of Ice Cube's "Summer Vacation" sums everything up perfectly.

Our economy is also shrinking. It is not only the UK. Greetings from Germany. 🇩🇪

intermittent fasting on a national scale 😂

But it's not Brexit, not at all. It's COVID, Ukraine, immigration, under-performing civil servants, Labour, the EU, drought in Spain, US loving Ireland and not the UK, all that. But definitely not Brexit.

@Pinerocks

Жыл бұрын

Sounds like you voted for Brexit! Lol

Germany is in recession so how do you say that UK is the only large economy likely to shrink?

I’m not sure if UK collapsing or not but I decided to move back to my country, life started to be worse and worse here.

Hearing this kind of news makes me think that the UK will be better if Charles and William ruled it independently. Especially William.

@larsstougaard7097

Жыл бұрын

What about Harry 😢

@jim-es8qk

Жыл бұрын

it's not news. He hasn't produced any facts.

@sandygrowler7384

Жыл бұрын

I think Meghan would do a better job than those bumbling idiots.

@thepatriot4076

Жыл бұрын

I think Prince Andrew would be a wonderful monarch, he would make sure all the underaged girl are safe

@jensenjorshina9945

Жыл бұрын

@@thepatriot4076 I never talked about Andrew. I think he should be kicked out of the royal family. He is a disgusting piece of shit.

It's really sad what is happening all around the world... Pray for the earth... Everyone wants to leave there country from A-z its insane...😭😭😭

@JoseFernandez-cp3cv

27 күн бұрын

Yes around the world

UK ECONOMY IS IN DIRE STRAITS, NOT BECAUSE OF BREXIT, BUT THE SPIRALING PROPERTY PRICES DURING THE LAST NINETY YEARS. BACK IN THE 1930s, A THREE BED HOUSE COST £850 INCLUDING ALL THE PURCHASE COSTS. NOW, THE SAME TYPE HOUSES COST ALMOST THOUSAND TIMES, WHILE THE WAGES HAVE GONE UP BY AROUND ONE HUNDRED TIMES. THIS MEANS, THE PURCHASING A PROPERTY CAN ONLY BE A DREAM FOR THE YOUNGER GENERATION.

@Roggor

11 ай бұрын

Houses prices roughly kept in line with inflation for most of the 20th century. Then *something* happened in 1997 and its been doolally since.

Great video!

I had left the UK 12 years ago, and i had foreseen this happen to the UK !

@12alocin

Жыл бұрын

Did you return your passport and say you don't want one?

great content

@uptin

Жыл бұрын

Thanks for your support 😊

I would also add shut down of coal and nuclear power stations and lack of planning to build replacements, plus decline of north sea oil and gas.

I no a friend who lived in london had a business there said its too expensive to live there hes moved to Birmingham and well settled there

These types of economic/business videos are what makes this channel awesome! If you did videos on Indian economy, it would probably be your highest viewed videos due to us having the #1 population in the world & KZread users. :p

@uptin

Жыл бұрын

Hahaha should I?

@Party50361

Жыл бұрын

​@@uptinyes

@bugged1212

Жыл бұрын

Yes it certainly would.

@sinhalaitguide370

Жыл бұрын

And make a video about Sri Lankan crisis too

@antihypocrisy8978

Жыл бұрын

But not much ad money because the average Indian is dirt poor.

Sir, UK isn't collapsing its basically didn't attracted the right talent required by the UK in the past 10 years. Now, they're working on allowing talented people to immigrate to the UK.

@user-vc5qk9tg7u

Жыл бұрын

mind you, the UK g0vt though attracted all the criminal talents you could ever hope for.

@iinewsiicom

Жыл бұрын

@@user-vc5qk9tg7u They are the one's started up the politics in the name of Democracy in this world few hundred years back.

Me and my family are thinking of leaving and i would never of thought about saying that, ever.

No one has mentioned Northern Ireland. Part of the UK is still in the single market. We can sign new trade desls and trade freely with the EU. It is quite clever if you ask me.

These things that people say in England are all universal, prices have gone up in all the countries of the world In Europe, the impact of inflation has been much less than in third world countries

@uptin

Жыл бұрын

UK inflation was higher than most of Europe and US though

@filipepedro8272

Жыл бұрын

still in denial?

@jim-es8qk

Жыл бұрын

​@@uptinit wasn't..Inflation was average.

@vmoses1979

Жыл бұрын

​@@jim-es8qkThe economic recovery in the UK post Covid has been the weakest of all advanced countries. In addition - the size of the UK economy peaked around Brexit and has never returned to the same. You're just in denial.

@jim-es8qk

Жыл бұрын

​@@vmoses1979it was the fastest growing conomy in the g7 last year. The pound is the best performing global currency this year, it has record low unemployment, the EU is in recession while England isn't. I could go on if you want?

All I got to say is: "Ha ha ha" Glad I left. The writing was on the wall in April 2022 when I saw it took me 3 months to find a job I saw okay the economy is dead here when I found a position in France I just moved. Sorry, not sorry. Only small wage and high price. I saved so much, I never had so much money in my hand in only 6 months since I left. It's like I can buy a Tesla 3 cash just right now. in 6 months doing contracting in France. I already thinking about having children in the next 2 to 3 years if God wants. For all my friend who stayed and has it better, hopefully, it get better. I was too old to wait for that situation, to get better.

@ivanr4300

Жыл бұрын

Great!! I hope things go well for u

@TheBlackManMythLegend

Жыл бұрын

@@ivanr4300 thank you mate! hopefully, it improve the UK is great but just need more sound law so the people are not burnt in the name of the economy I think it will create more trust in the people people will invest more and the economy will paradoxically grow more. anyway I am not there anymore .. no brixton croydon or slough and london for me.

@TheBlackManMythLegend

Жыл бұрын

@@ivanr4300 you can make some money you can make experience working in the UK because the job market is quite dynamic and they give you the chance for that I will say thank you.. but to really have a good salary that allows you to actually have a LIFE( a real one .. not a Struggle forever one ) the UK is (for now from my non-expert eyes and experience ... ) DEAD. Even after Brexit the rich left the country, the Dyson Guy or some other guy left and move their money out. If billionaires are leaving what a simple soldier like me can do? Stay in the trenches and just take it, because some General did a bad choice? Nah.

@secrets.295

Жыл бұрын

Just wait a couple more years. France is going to get worse with the EU ridiculous energy policy and their pathetic import requirements.

I want you to talk about Japanese zoning and it's an abundance and surpluses of housing that occur leads to some houses in the countryside being abandoned by the landlord or its owner do it to not being very full of opportunities

Decimal point measly economic growth rates mean little to the ordinary person.

they blame brexit yet ignore the banking bail outs in 2009 which out the uk into massive debt

@stevenhenry5267

Жыл бұрын

Truth. But Brexit was really dumb.

@Black-Circle

Жыл бұрын

@@stevenhenry5267 I agree it's not does us any favors.... i really do think people who voted the leave were not given the right information and the process of the break up was not good at all. They fumbled it badly for everyone.

in the 80s/90s inflation was running at over 20%, the pound reached a historic low and intrest rates peaked at 15% (and the ira were waging a war of terror on the main land)

0:49 Malaysia has 3 prime ministers in one general election 😁

Cost of living crisis ? oh another word for inflation.

UK - too many Single Mom, Free Social Benefits, Job Less, Peoples don't work. Only the rich, get Richer such as Governments.

@castner5308

Жыл бұрын

Many don't work because they're better off not working. Single parents in particular are better off working low hours and claiming benefits. The SYSTEM is to blame, not the people. The Government is at fault and does a great job in sewing discourse through the country, causing infighting while diverting the attention from themselves. Criminals.

Britain is not collapsing, they are actually growing, small but not in recession, not bad considering the incompetence of the ruling and industrial elite in that poorly governed country.

@sprocket-YT

Жыл бұрын

You are kidding yourself 🙄💀🤣🤣🤣

@pietoud1991

Жыл бұрын

Come on dude, once the pound was like 2 usd, now it slightly more than 1. There is no British car anymore that is not owned by the Germans. The only thing GB has is the City, but with the first left wing government that will come, those all will move to the UAE.

@fxtradeleaders4375

Жыл бұрын

@@pietoud1991 you think GB is going to stay like this forever. what otter nonsense. I am working in the shop and we reduced the price of everything from last month. and also earning good wadges

The UK tabloid newspapers like to turn everything up to 11 when it comes to panic mode.

I'm Australian, living in Australia, so I don't know all that much about UK politics. However, my take on the Uk's problems is similar to what many people in this video stated. Brexit. It was made to sound like exiting the EU would benefit the British people. To this point, it has not, and the guy who championed Brexit the most was Nigel Farrage. I know things are tough in the UK at the moment, but hang in there, cost of living expenses are a problem all over the world, including here in Oz.

The UK is built almost entirely on debt and now in most cases starting with a whopping student debt to get people in to a lifetime of being behind which then compounds, you get a mortgage, car loan, credit cards and people actually think they are wealthy or this is normal. For me a good metric is Debt to GDP, I live in the second lowest EU country and it is very affordable. People say it is poor but zero is more wealthy than minus £70 k the average UK household debt.

I think it's temporarily. In 2024 we'll see the start of a slow but steady recovery. Remember 2008? Come back in 2024 and leave me a 👍🏽

@jim-es8qk

Жыл бұрын

Arguably, we never recovered from 2008. We have suffered from high debt, high taxes, and low growth ever since.

@secrets.295

Жыл бұрын

Nuh. This will be a global recession from 2020 to at least 2031-2032. Just look at historical trend. 1870s market crash that only recovers in the 1880s. 1920s great depression, 1970s oil crisis and now it's 2020s commodity crisis. The global economy is planned and we are all screwed.

@k.j.hulander2204

Жыл бұрын

It’s only going to get worse as Brexit comes into full effect. Poland is projected to catch up with Britain in gdp per capita by the end of the decade. The symbolism of that is huge.

Begging pardon if my question sense could go wrong as don't know much about UK laws but is it possible to to include royal family under tax structure or reduce the benefit and perks paid to them to control the finance...help me with you knowledge to make me understand better

@pebbles4195

Жыл бұрын

Unfortunately not, in our political system all laws that are passed through Parliament have to be read and approved by the Royal family, so if laws reducing their benefits or making them pay tax even got through to the royals, it would likely be quickly denied.

@ankitvij2589

Жыл бұрын

@@pebbles4195 Thanks for the response

Food bank users gone up

that's what you get from printing money and closing down businesses. hope we all have learned something from covid.

@healthiswealth6797

Жыл бұрын

Yeah don't comply next time . Was one huge power and money scam

I have seen this country in this state before and it will carry on and pick up. I cannot think of many times when things have been pony but you just have to carry on

In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

@valeriepierre9778

Жыл бұрын

As with an my big financial decision, it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe

Yup its because of Brexit. It crippled UK competitiveness when it left the EU. It isolated itself to its "neighbors" which is the EU countries. UK puts up this Brexit fence then EU responded with No more freedom of movement. So the logistics, supply chain, tourism, travel is slapped with border controls, paperwork, taxes, fees, queues..If UK was on Asia yes it can survive but its neighbors are the EU countries hehehe

As a immigrant living in London for the past few years, honestly I never thought UK would be in this shape ever. We used to look up to the G7 countries but to realize this in person was a life changing experience. I could not fathom to state that comparatively India has gained by leaps and bounds in many areas like private sector jobs , healthcare, blue collar services and culture is great compared to the UK. I guess we can just wait and watch now

@Qpqql

Жыл бұрын

Do you have any advice for someone planning to move to the UK from India like any other country better than the UK since most of the western countries are facing these problems of housing & rent crisis, cost of living crisis, inflation, recession and poor healthcare/extremely long waiting periods for even basic tests.

@claretblue2509

Жыл бұрын

@@Qpqql There's no solution. Obviously the more people who want to move the worse the housing prices are going to get.

@bigrobsydney

Жыл бұрын

That's really difficult. There is always the discussion about languages, and integration. If you look at other English speaking nations (as a first language), a lot of them are having similar issues right now. But the UK have recently enacted Brexit, which, I am sorry to say from my personal experience living in the UK for most of the last 20 years, was heavily based around racism. None of the other English speaking nations have divorced from the worlds largest trading block on the basis of wanting to explore "better" trading opportunities, and yet are looking at GDP declines, and dropping down the league tables of the OECD / G7, in such a spectacular, and stupid self-inflicted manner. I would not recommend entering that racist-infested pit called the UK, until such time as they grudgingly return to the EU. You would be far better served going to one of the EU countries where English is a second language, or, learn their national language before you go. And, obviously, there is the question of visas. I don't know your situation, and I dont want to know. I am confident you will be able to figure out what is best for you and your family. But please be aware of just how serious the Brexit situation was, and what was behind it. There are many forums I have personally been on, and when posting under my real named, I have been told to F*&^ off back to my own country, and if I don't like it, dont come here.

@jim-es8qk

Жыл бұрын

​@@QpqqlStay in India. You are pushing everyone to the far right.

@brandonross1996

Жыл бұрын

@@Qpqql don’t, your not wanted

Part.2 please 🙏

@uptin

Жыл бұрын

Stay tuned for more 😊

im going to London for 2 days i paid 200 pounds for 2 days at a hotel coming from Poland that's ridiculous

I don’t even get this video on so many levels. India’s gdp per capita is far lower, and gdp can be higher because the damn population is like over 15x the population. I am not anti India, I am an Indian myself. Also the recession thing, imf already changed their statement. Feels like a very sensationalist video. I feel uk is in a lot of trouble, but this video only focused on London. That’s like me going to SF or California and coming back with the conclusion that the USA is expensive across and there is crazy drug influence and homelessness across the USA. Seem fair?

The UK is doing okay. The unemployment rate is very low (3,9%) and there's a lot of activity in many fields. The government could always decide to pour more money in the housing sector if that is the main bottleneck that's causing economic stagnation tbh.... or promote legislation so that it is easier to build more flats in London.

@fgcpeak9591

Жыл бұрын

what good is a low employment rate when salaries are MINISCULE?

@carlomontecarlo7881

Жыл бұрын

@fgcpeak9591 in some countries, you can't even get a job + salaries aren't "minuscule" in Britain.

@punishanpika

Жыл бұрын

The British people might be doing okay 👌, but the UK is 🥑 not.

@carlomontecarlo7881

Жыл бұрын

@@punishanpika that doesn't make sense, but go off 👍🏻

@punishanpika

Жыл бұрын

@@carlomontecarlo7881 Yes it does. You can't fix 🔧 a brain tumor by healing the liver cells.

The video would have been better to have a more balanced view when it comes to Brexit. Being part of the EU did harm UK as well (There was good and bad on both sides )- we had too many immigrants from Europe taking up construction jobs for cheap and the NHS was overburdened as were our schools and public services. The UK picked up the slack for EU during EU holidays. For instance (what I experienced personally) Germany would have more holidays than UK and the UK team would do the work for the absent Germany team. Europeans worked less hours than UK and UK paid a significant amount into the EU. Also Germany and Europe is doing worse than the UK right now? Didn't the Euro reach parity with the US Dollar? The pound did not. It's worth noting that after the referendum, there was another election and Pro-Brexit Tories won beating Labour in traditional Labour strongholds - this was seen as a second referendum. London tends to be more pro-EU/anti-Brexit, but outside of London (in the more rural/suburban areas) are pro-Brexit/anti-EU. It may be worth getting their opinions also.

Was in London last week. Not many tourists.

I remember when Brexit said it would be hard for us to travel around Europe. I’ve just done my 9th country, no visa, borders, problems, additional paperwork. What a joke. Travel and enjoy

@yofinance1777

Жыл бұрын

@William Brown Hey William, I worked in Vienna earlier this year Jan 17th - April 28th, no problems. Work permits are easy to gain for almost any industry. Colleagues have worked across Europe and gained their permits easy as long as applied for in time. This is my experience. Show me data with a link to prove this is now a problem. Show me people from the U.K. who have had their work permit declined or that they can’t get one.

@yofinance1777

Жыл бұрын

@@williambrown1455 …..

UK people are also pretty lazy workers in a corporate environment. All of my Aussie friends who move to London to work comment on how easy it is to stand out as someone who works hard in comparison with Aus

@Guitar6ty

Жыл бұрын

Wait a few months then see how working hard gets you no where as prices outstrip your wages.

@tinamckay-iv3tf

Жыл бұрын

As an American who visited the UK, I noticed this too. They didn't really seem to worry much about working hard.

@MustafaAli-lb8dq

Жыл бұрын

Because U.K is a cold ass place. That's why! Temperature plays a role in productivity.

@user-jx1rg6cx3f

Жыл бұрын

You can see how much they played and ate as a legacy of imperialism. Their legacy has run out and it will be hard to maintain a developed country if they don't work as hard as dogs galloping on fire.

@PhoeniX199777

Жыл бұрын

With shit wages, theres no incentive to work hard tbh

the first cause is that we still haven't fully recovered from 2008 the second was brexit not as bad as most people in london clame the third was the covid lockdowns caused massive shortages of goods then the war in Ukraine affecting us because we import a lot of energy also liz truss and her awful mini budget tanked the pound these are just the main points

The guy at 3:35 hit the nail right on the head

how about asking for some help from US daddy, the UK has been a lovely puppy. Sadly, the US does not give a sxxx about the UK

Really like documentaries like these

It’s because they drive on the wrong side of the road, we know.