UK Economy on Brink of Collapse: Brexit or Pandemic to Blame?

Рет қаралды 16,418

Ай бұрын

The UK economy has faced significant challenges in the wake of the Covid-19 pandemic and Brexit. The pandemic necessitated extensive government spending, resulting in a substantial increase in national debt. This financial burden is exacerbated by a rising cost of living and energy crisis, partly triggered by Russia-Ukraine Conflict, which has driven inflation to new highs. Concurrently, Brexit has compounded economic difficulties by reducing trade intensity with the EU, impacting business investment, and disrupting labor markets due to the end of free movement. These issues have led to a notable decline in labor force participation, particularly among older workers and those with long-term health conditions. Addressing these multifaceted problems requires coordinated policy efforts to boost productivity, re-engage the workforce, and foster economic stability. In this video, we explore the underlying issues facing the UK economy and how it stacks up against other advanced economies.

Пікірлер: 147

@fastepo Ай бұрын

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@rogerburn5132 Ай бұрын

Brilliant information Good job. BIG THANKS 👍👍👍👍

@jackchiu7560 Ай бұрын

The U.K. is enjoying the bitter fruits of its own actions in years past. No symphathy!

@who52au Ай бұрын

Karma ..

@alanr2609 Ай бұрын

£Billions for foreign wars but not for the home economy

@paulelliott8843 Ай бұрын

@@alanr2609 yes, about time the UK let the world just get on with it. Protect our shores, but other countries need to fight their own battles.

@rashidbagewadi1006 Ай бұрын

When the downfall comes everything and anywhere collapsing starts and allies will distance itself.

@MSDGroup-ez6zk Ай бұрын

the UK has never admitted its own fault.

@darcymunro8930 Ай бұрын

UK is in deep $hit.

@rogerburn5132 Ай бұрын

Very deep

@Fatahiyah Ай бұрын

Thank GOD‼️

@uweinhamburg Ай бұрын

That isn't the question. The question is - does the shit go up to the ankles or up to the neck..?

@mikefibre5337 Ай бұрын

@@uweinhamburgone thing for sure its not realy going to affect the ones that caused the problem😊 just a dumb SouthAfricans take on it❤

@AhmedMushtaq-ux9wu Ай бұрын

@poconosgiant3255 Ай бұрын

Continue borrowing money and send it to Ukraine

@derekbull7386 Ай бұрын

Nothing to do with Brexit,all to do with Poor Governance!!!!!!

@mikefibre5337 Ай бұрын

Purposed Governance.its all deliberate 😊❤love and prayers from SouthAfrica.theres big money in the publics suffering

@JayJay-ki4mi Ай бұрын

@@mikefibre5337 Yes! I've said this for years.

@andrewlin6136 Ай бұрын

No worries, UK is very rich. Sunak will sell off his butt, just to prove he's better

@user-yg7rj7kn9x Ай бұрын

Love it! let's blame the pandemic or Brexit :) How about the good folks in UK that vote idiots into power???

@JayJay-ki4mi Ай бұрын

What are people supposed to do when all parties are below standard? Don't blame the people, the political system is broken.

@lostgleammedia Ай бұрын

Britain is booming, the supermarkets are full of luxury food, £300,000 houses going up on every spare bit of land that people are buying, the roads are full of BMWs Jags RangeRovers. Mc donalds being built on every street corner, delivery people constantly picking up orders everywhere you go. It was not like this in the 1970s.

@dannyboy8850 Ай бұрын

High debt burden is a key attribute of the G7 countries. 😭😭😭

@ronaldphoong Ай бұрын

I would think the UK downfall is related to colonization. People are just tired of countries that never stop skimming.

@paulelliott8843 Ай бұрын

I think the UK population are fed up hearing the same thing, some of these countries have had independence for 70 years and instead of sorting out their problems, still blame the UK for colonising it 200/300 years ago, move on, the Uk had let go all anger over the Roman invasion in AD43 and the Norman conquest of 1066!

@ronaldphoong Ай бұрын

@@paulelliott8843 UK is still skimming from other countries today and that's a reality. Ask why the country is faced with more refugees if it is not contributed from peoples displacement from war or other related created causes. Governments have used refugees for cheap labor and I am saying it's not only in the UK. Colonizing another country always leaves pain for the people in the country. NATO expansion saw investors buying up Ukraine lands in midst of the war. Did the war displace the people and is it not a colonization mentality to take over their land. Look at Palestine, it's the same situation. People in Gaza being displaced because Israel had sold Gaza to investors. All these are covered in the news media. The motives are clear and the UK is still one of the countries that resort to skimming.

@IbnBahtuta Ай бұрын

Our economy has been on the brink for most of my life, and I'm old.

@NA55AR_K Ай бұрын

So correct was the same in the 80s 90s and now 21st Century on wards nothing will ever change. Human's will keep servicing the rich the poorest have a life with poor quality and life full of worries.

@zatoichison6420 Ай бұрын

Blame the UK government for it.

@user-qb6gu4bk9lBiafra Ай бұрын

It should be, because no more Western looting in Africa, no more Western puppets as presidents in Africa, Africa deserves good living too, we want to move forward and develope Africa.

@mikefibre5337 Ай бұрын

Exactly ❤ from southafrica

@JayJay-ki4mi Ай бұрын

This explains the r word. We pillage. They come here, but they're made unwelcome by the r word. They have every right to be here when our Government takes their resources.

@joeblogs-vx4ep Ай бұрын

Rubbish you've had thousands of years to develop Africa Apart from Egypt Africans have done very little If not for European colonies you guys would be sitting in the dust with your hands out ...

@joeblogs-vx4ep Ай бұрын

@@mikefibre5337 thanks to European colonies south Africa is something ok Left to the native population south Africa would be another dust bath where people just sit waiting for handouts from European and American countries ...

@cenationofjnu Ай бұрын

UK needs a leader who is wise enough to use the resources at his hands with full potential and determined to solved problems regardless of any political outcome.. Unfortunately, UK has chosen a businessman as their leader. Businessman don't believe in solving problems. They believe in profits. People are here just for voting once in every few years.

@fastepo Ай бұрын

Can you name a few leaders who fulfil these conditions?

@frankgraham5o1 Ай бұрын

Can anyone please explain to me exactly where the interest paid from all these countries is going? I can't seem to understand the concept of a central bank being in charge of a country's money, and the interest payments going to a mysterious group outside of the country who represent views and concepts contrary to the beliefs and prosperity of said country. Exactly where is this money going? And who are the central banks shareholders? Can someone please explain that to me..

@hectorrodriguez2686 Ай бұрын

With debt, what kills you is lack of growth. Debt that feeds growth is therefore.

@rogerburn5132 Ай бұрын

British increase on productivity. But the problem is Britain doesn't make Much goods those days 😂

@John-si5vs Ай бұрын

all the UK does is import immigrants putting a drastic drain on the economy and all services supporting and paying for everything for them, and cutting back on all monies and services for natural born Brits.

@healthiswealth6797 Ай бұрын

It’s a consumer economy

@rogerburn5132 Ай бұрын

@@healthiswealth6797 Yes consumer "" economy "" on borowed Money and inported goods Britain have 40 billion pounds trade deficit per year Not to mention 2.7 billion government debt and 100 Bilion gov deficit per year. Britain is Bankrupt

@rogerburn5132 Ай бұрын

@@healthiswealth6797 Britain is Bankrupt 2.7 Trilion pounds Government debt and 100 Bilion gov deficit per year and 40 bilion trade deficit per year. consumers on credit cards and loans

@user-lb4yx1ms5f Ай бұрын

Kaarmaa??

@stuartpaul9211 Ай бұрын

the whole world is experiencing the same issue. the feat currency has been deliberately over inflated beyond the 2% year on year. when you work out what year on year means, it makes you're blood boil. that they intentionally want inflation in small drips so they can remove spending power whilst people don't get pay rises. See inflation/wages charts from 1971 onwards. whatever gets the blame, its always down to the decisions of central planners within governments, corporations, banks and NGOs. that certain scam everybody took a stab and work a nappy for most people realised they'd been suckered. hence it will be another 100 years before they can try it again.

@alrent2992 Ай бұрын

Blame Sunak! Poor leadership skills. Loser!

@rogerburn5132 Ай бұрын

It's not only Sunak it's all of them including.

@mariatheresavonhabsburg Ай бұрын

@@alrent2992 Sunak is just a symptom of much, much larger issues which has been ongoing for more than a decade.

@user-mw6bn8xs2n Ай бұрын

Saludos a Fastepo.

@anthonymichaelwilson8401 Ай бұрын

Definitely 💯

@jacquesjacques7069 Ай бұрын

UK cant afford gold coins anymor 😂😂😂

@gwentackoen653 Ай бұрын

and not even silver coins

@iqbal-iq3gd Ай бұрын

Poor will Rise poor will rule

@sar50anga82 Ай бұрын

Govt Borrowing is an established fact to meet its next years expenses...the concept is that Britain or any other will not dissapear from the planet...so keep on borrowing.....no country in the world is debt free coming out even is a laugh coming out in surplus is even more absurd...gimme it now and i will pay you next year..way to go

@NedPatel Ай бұрын

I disagree with arguments in certain areas, but also eu inrecasson also

@luclasnier7147 Ай бұрын

Pourtant si le R-U est au bord de l'effondrement pourquoi donne-t-il de l'argent et des armes à l'Ukraine????

@alrent2992 Ай бұрын

Because they're losers!

@doopdapps1088 Ай бұрын

Because wyte lives matters

@alrent2992 Ай бұрын

@@doopdapps1088 😂🤣

@vawan9160 Ай бұрын

The political elites aren't using their own money but the citizen's taxes to line their own pockets through the military industrial complex instead of directly helping their own people. Is this rocket science?

@TheMagicofJava Ай бұрын

It started when she took my milk, then my youth club.

@siewkonsum7291 Ай бұрын

Yes, it is going into severe decline with its latest weak 9economic data.

@kcthunder7682 Ай бұрын

Sheer competent and miss management

@Voxabonable Ай бұрын

Blame China. That's traditional.

@jacquesjacques7069 Ай бұрын

Silver coins IS british 😂😂😂😂😂

@user-hv7kt9zc3m Ай бұрын

Really because inflation is down so are energy prices not to mention we were given pay rises so cant be doing that bad china and Russia on the other hand are a couple years away from collapse

@SuzanneJones-qy3zh Ай бұрын

Mothimg to do with tories then

@oberstleutnant787 Ай бұрын

Poms don't measure up.

@mythbusterthe6749 Ай бұрын

IMO it is neither. Woefully bad FOREIGN and economic policies largely contributed to the declinations e.g. cooperation with China would have help to counter rising inflation. Now an offended China openly refused to bid for says UK Nuclear plant, etc What has Ukraine got to do with UK? She is openly in conflict with Russia and to be almost dependent for US Oil and Gas and security. Russia has announced that thwy now target London and other major cities with nukes. 🤔

@masterdecats6418 Ай бұрын

14:09 AI things XD

@rogerburn5132 Ай бұрын

Very correct Britain is Bankrupt 2.7 Trilion pounds Government debt. 100 Bilion pounds gov deficit per year. 40 bilion trade deficit. 😂

@Glenn-F-Rice Ай бұрын

America has managed to beat that with 47 trillion in debt. Its rising at a million dollars every 10 seconds.

@uweinhamburg Ай бұрын

Far more important is the amount of unfunded liabilities - some experts estimate it at over 10 trillion GBP!

@CoolTebza-eh7ig Ай бұрын

They're busy talking about other countries but they have more debts than any smaller countries combined 😂😅 Lol 😂😆 and those countries have economy crisis, Lol 😂😆 no ways this huge amount of money 🤑💰

@user-oe5jl2br6u Ай бұрын

Of course!!!

@alanr2609 Ай бұрын

Idiocracy to blame I would posit.

@martinriding3592 Ай бұрын

It's not all the Tories fault the labour party needs to take their share of the blame letting too many people come here no wonder people can't find somewhere to live nearly six million people have come here and let's be honest they are no all working now so if we live in the real world you can see we will end up a very poor country

@woodyexplorer Ай бұрын

Good thing is U.K. can make a come back any time due to its strength in technology and its financial market once the chaos in cross border politics is gone.

@Justice-Zcjh Ай бұрын

Retribution for your past atrocities.

@pairedsoles2822 Ай бұрын

What like the industrial revolution?

@paulelliott8843 Ай бұрын

I think the UK population are fed up hearing the same thing, some of these countries have had independence for 70 years and instead of sorting out their problems, still blame the UK for colonising it 200/300 years ago, move on, the Uk has let go all anger over the Roman invasion in AD43 and the Norman conquest of 1066!

@Justice-Zcjh Ай бұрын

@@paulelliott8843 A sin is a sin. Undeniable. Whether victim will forget their pain or forgive your sin is their perogative and rights. Whether the British enjoy or fed up of hearing is not important.

@AhmedMushtaq-ux9wu Ай бұрын

No U K will soon join BRICS our economy will be in excellent shape

@williamquemuel7824 Ай бұрын

You can solve the labor shortage and aging population by raising the retirement age to 85 years old. Redefine old age at 85 as the new 65. This is the only way to keep UK, British-looking. To address productivity, increase the work week hours to 70. There is another export besides financial services. U.K can export their soldiers for hire as way to increase GDP. For a price, the UK soldiers will fight their wars. UK. can provide the man power to fight in such areas as Haiti, Somalia, Syria, and Ukraine.

@karlowalker4143 Ай бұрын

Well its strange, as the UK still has 3 Billion available very year to support Ukraine " For as long as it takes" Who do they think will pay for all the Billions in military add and training "given" to Ukraine. This money needs to be repaid with interest. That's what happed to the UK after WW2, when it had to pay back the US. Their is no friendship or love between countries when it comes to money. Just imagine if you ran your financial affairs like the government, with all its so called "financial experts". Then just puts up your taxes for their screw ups.