Відео

It is mentioned in the video that house prices have fallen for 10 (?) years but most people's experience has been rapidly rising prices. I am prepared to accept this is true, I just don't understand it. I would like to understand the way the fall is measured and by which metrics?

She reported the Ruin

That image of the most generous welfare states can’t be real? How is Portugal in the top 5 of that list?

flexible labour market! it just displaces indigenous people and lowers wages

Please also add "URDU" in subtitles languages.we are almost 500 million people,who can understand better by doing it. Thanks

Italy still has to receive most of the money for covid but thee governments don't even know where to put that money 😂 we literally want less money because we cannot spend it 🤦‍♂️🤦‍♂️🤣.

Let’s see how well American economy does when BRICS stops their ability to just print money at the expense of everyone else

Because Brexit can't be done, there is no good outcome possible!!!

A big problem going forward is the lack of decent wage paying jobs in the UK. While the big corporates are busy virtue signalling at the top of their voices, they’re even busier clandestinely relocating jobs to Poland, Mexico, Ireland …..all over, at lower wages. The effect is doubled by allowing pretty much anyone in the world to come and work here, creating more competition for the beleaguered Brit to gain and maintain a decent standard of living. If any UK government can’t say British jobs for British workers then they’re not worthy of a vote IMHO

A cornerstone of EU economics is the "level playing field". However right the case for member states keeping their own currencies, this is at odds with that cornerstone. - Besides, the economies in the EU (likely even the EEA) are growing evermore intertwined, making the case for individual currencies ever weaker. Whether or not in express pursuit of "ever closer union". Membership of the EEA only would imply: paying for it (like Norway does), and following the rules without having a say in making them. - Note that business chains that were cut more or less related to Brexit won't be automatically restored when the UK should join a second time. Finally, remember that the EU originated as a peace project (by sharing the power over commodities like coal and steel, notably by rivals France and Germany). It is way wider than economics. Once that should be accepted (or better) by the UK (voters and government), accession talks could start. And the UK would be welcomed back. (I'm on the Continent and gauging the attitude.)

Sooner the EU breaks up the better countries can stop this free movement madness and secure they're borders against the hordes of illegal immigrants roaming across Europe,UK also needs the hard Brexit they wanted to be implemented and the borders secured and the illegal migrants in the boats stopped

clickbait

How did Germany become so much bigger economy than Japan then? If Japan is the second fastest growing economy among the developed economies?

US and China has cloud capital. Read - Vassal State and Technofuedalisim- Yanis Varoufakis to understand the implications. 25% of UK GDP is purchased through these american corps and their revenues dont get taxed in the UK contributing to our tax burden. No other nation in Europe has such a US dominance, they have their own protected industries and names that recycle that money nationally. Not enough people are talking about this.

England problems are the religious right wing are in power the stuff everything up they touch and then some never vote for the religious right wing ever again

I watched the entire video just to see if you will ever mention land ownership structure. I haven't heard one word being told about it, why is that?

Won? Brexit isn't something someone "wins". The EU simply adjusted to it and discarded the UK, which is no longer a part of the equation. Conversely, the UK - which wanted to discard the EU in the first place - isn't apparently able to do so. Hum... I wonder why.

It didn't.

It is outperforming but weatlh inequality is outstripping any growth.

Stick to economics and not planning which you know little about. Local authorities do not have a veto. They operate within a national framework no one saw as being problematic for decades. The thing which has changed is public attitudes. There is widespread opposition, especially among older and more affluent people to any form of development. Politicians simply reflect that.

USA is the evil empire.

Can you do a video about green belts. Those are huge barrier to get new housing build.

Except now the revised US data is coming in and show the figures have been grossly inflated and the economy is in a deep dive. Recession is baked in the cake, it's just a matter of how bad it will be.

Planner here, 1:13 is not true, CIL and S106 delivers millions of £££ for public services - this omission is telling if the fact most people don’t realise how much land value uplift is levied towards public services

Another great video.

I like your video, very detailed and to the point, no animation or wasting time with nonsnse like others. :)

Great video 👍

I bought and renovated my house in Portugal in 2003, initially as a holiday home until retirement. We sold up in the UK and retired in our mid-50s in 2013. Poorer financially with a very limited monthly budget, but infinitely happier. Having been back since Brexit and never will. Life is amazing.

Do you just say the bad things about the UK economy

Biden? Excuse the U.S. citizens for laughing. He’s added trillions to our debt. You are part of the reason why Brexit happened. Lack of knowledge in world politics.

The U.S. has huge amounts of oil and we don’t, nothing is going to change that. Neither is our currency status, the Americans can borrow way more than we can.

7:12 Is the government responsible for construction of new reservoirs in the age of privately owned water companies? Shouldn't that investment come from said water companies? Isn't that what we pay our bills for? Same goes for power lines, National Grid is listed on LSE

Amazing how MAGA in the USA claims that Biden has reduced oil and gas production. Trump claims he would ^ Drill baby drill" on day one and gets away with it. Trump even made an agreement with Russia and Opec to restrict production and hike oil prices back up during covid but his supporters believe he made " gas" cheap and wasn't caused by a lack of travel.

The UK economy is significantly smaller and has a different composition compared to the USA. The UK pound doesn't have the same global reserve currency status as the US dollar, limiting its borrowing capacity. The UK's exit from the EU creates unique economic problems that the US doesn't face. The UK has different social priorities, such as the NHS, which do not align with US-style economic policies. The UK lacks the ability to borrow as extensively as the US, making large-scale stimulus programs less feasible. In short, it is a bad idea to try to copy the US economy.

They can manage such a debt (and investments) due to the dominance of the dollar but that is dimming overtime globally. Still the beginning of the 4th industrial revolution may pay out for that as AI is experiencing an historic boom probably unseen in human history. The IT industry is always the answer, imagine not making the Moor's Law and the AI boom (which is 10 times faster) the core of any economy, it's just madness to not do so

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

Check out new channel and whether US growth is doomed. ua-cam.com/video/60OJ59qcFq0/v-deo.html

The US is an empire, so their mediocre-to-bad policies are offset by the benefits of having globe-spanning conglomerate companies. If you want to know why there are tensions between superpowers, then that is where you need to look

I enjoy reading your latest analysis about the UK economy. But please do not compare UK stats to USA data. Everything they publish by the BLS is totally fake, fudged & fictional nonsense. All their inflatuon , unemployment, GDP data is so heavily massaged that it is pointless to make any comparisons.

Communities would be more accepting of new houses if they were well designed and fitted in with the surrounding architecture. Cheap red brick houses next to pretty thatch cottages in small villages - and people wonder why local residents fight so hard with planning applications.

I see a few American families that are living here in Leeds now, historically migration went the other way around. Aside from Leeds having a booming economy, I'm guessing gun crime and wanting a safe place to raise kids is a factor?

I did not stratergies an easy life, thus no cost of living crisis.

Debt rises by $1,000,000,000,000 every 100 days. Factored that in?

no... THE STATE OF THE ECONOMY IS WHAT THE FED SAYS IT IS, EVERYONE ELSE KNOWS THAT WHAT THE FED SAYS...is lies, deceit and bullshit. New York is a mess, as are many other cities in Yankland... so STOP TALKING SHITE.

A excellent summary. Ultimately, we can't afford not to make these investments, or we will get ever poorer. Some short term belt-tightening, especially by those who are better able to tighten their belts, to fund useful investment, is essential to our recovery. Two more impediments to building at reasonable cost here are safety laws, and our legal system. In Britain it is a legal requirement to implement safety measures that are disproportionately costly, in a tortuous chain of legal logic. A law requires safety risks to be made "as low as reasonably practicable". But how expensive makes something not "reasonably practicable"? In a case over interpretation of this, a judge ruled that if the cost is utterly disproportionate, then that is not "reasonably practicable". The implication is that if cost is only disproportionate, then it has to be spent. In 2021, the Office of Rail and Road, the regulator of Network Rail and Highways England published a paper sizing this, saying that cost that was only 3 to 10 times what a cost-benefit test would find reasonable, then the safety measure should be implemented. And so our cost-benefit guidance, which decides how to spend our money, is over-ruled. We have assessed a value of life, and a judge says we have to behave as if it was 3 to 10 times what research says they should be. Meanwhile our health system is using the lower value of life, and so improving the safety of public infrastructure grabs an unfair share of public funding vs the NHS. And then there's our legal system. A lawyer once complained that he supported a major railway contract in Spain, and the contract was only 20 pages long, in contrast to the 1000+ pages that would happen in Britain. Not much work for lawyers in that, nor indeed much negotiation support over all those details that had to be agreed. The reason is that so many of the things that have to negotiated and specified every time in British contracts are in a standard legal code in Spain, and other continental legal systems. It making the legalities of construction contracts so much cheaper, easier and predictable to deal with. I think it is no coincidence that the US, whose legal system is more similar to ours than to continental countries, also has a construction cost problem.

I think it would be safe for labour to emulate Biden's economic investment programme as soon as interest rates become low

Yes, yes, yes. There was a Time when Persia was the center of the known world (550-330 BCE), but times change. The Greeks suffered the same fate. Britian is no longer Great, it's just another middle ranking European power with lots of debt, the same is true for France. History is cyclical. Greatness and Prosperity never rest in just one or two places, they move around in both Time and Space.

The older I get the more bitter I become due to witnessing increasing incidences of complete ineptitude. I'll die a very grumpy old man!

Tejvan, there are too many hidden assumptions in this question that belies a comprehensive and meaningful answer. It is said that the USA won the economic argument after World War II, but the result is a dysfunctional global financial system, and both establishments seemingly intent on pretending all is well as the biggest economy throws on the brakes and begins a limited reversal of its globalisation policy and the other struggles to emulate the former whilst encouraging economic anorexia. It's funny, but bad ideas given full rein in human affairs tend bring about irreversible damage. And right now, there are a plethora of them failing to deliver as promised. Time for a rethink perhaps?

We are a great country everybody wants to live here