Відео

Germany had an advantage over Britain after the war. Germany didn't fund any military so could concentrate its resources on developing civilian production. Britain (like the US today) was thinking it should/could rule the world

British politicians don't know how business works nor do they care

Too much interruption, let the man speak. Frustrating sorry.

2 different topics. If Europe loses control of the world market we're stuffed.

I wouldn’t buy food that’s been handled by Africans.

The Market is God and everything will be done to protect it. This is why London is booming. It’s the economy stupid as the saying goes and the economy is the Global Market where money makes money from money and from nothing else. Everything hinges on growth and the Markets. Elon Musk recognises this and his endeavours made him a ‘pied piper’ where millions follow him and investing in him pushing shares prices to new highs with ridiculous P/E ratios. The 2008 financial crash was saved by printing money and IOUs and dishing it out for FREE at near ZERO % interest rates. The result is huge DEBT and WEALTH. The wealth held by the few whilst the debt is held by the many. A financial crash is inevitable and the only tool left to prevent it is the printing machine. The USA is in deep trouble as $Trillions now need to be printed every few months to keep the game (like monopoly) going. Every time the DEBT grows and grows. The question is, how long can this go on for before it all comes crashing down.

another moron

Identity crisis? Why is that? Britain is considered a failed state internationally.

Crypto is basically a stock without a company to back it up. It value is always based on a countrys monetary system.

AI can create anything. AI can do finance. In the hands of the USA.

These guys have no clue. Haters. They definitely don't own any bitcoin. Hahaha

Goodness Martin Wolf is clever. Fascinating thank you all

The EU export fake milk to Africa, which causes serious problems for small independent dairy farmers.

Continuing to look to government will continue to fail. Your government is actively suppressing economic activity 🤦‍♂️

Man doesn’t take a breath! Won’t even allow a question to get asked 😂😂

UK was overtake by US after second world war. Some of the elites went with the Yankees and some who felt exploited or believed in a different ideology Marx and Engels went with Russia. Hard-working Englishmen were left alone. This was the greatest betrayal of the English people in history.

On the issue of UBI, it's obviously terrible but what you could do is give Skill & Qualification stipends commesurate with a social value measure (some market feedback mechanism still needed) - which works whether you can play grade 2 piano Mozart, compound essential medicines, plumb in a sink, rebuild & tune an engine, do a backflip, recite the details of the periodic table, or a great written cultural work of run a marathon etc. Money for nothing is always a recipe for disaster.

I’m not investing for the world. You think the big players in the market are investing for “the world”? Christ

Unemployment is not low if you're unemployed on £393 a month universal credit. We've got 1.7 million registered unemployed and a further 1 million unemployed but not claiming because the Job Centre is a hassle or they have too many savings. A lot of the 2.8 million off sick I'm sure are people in deindustrialised areas are really people who have given up finding work or whose health has suffered as a consequence I really think people need to think again about this. We wouldn't have more foodbanks than McDonalds if we had actual "low" unemployment

@bwblondon 58:05 After just talking about the media's duty of care to not divide people over controversial issues & report properly you then 58:05 repeat the canard that people concerned about the impact of immigration focus their blame on immigrants - when their main focus of it is on treacherous, subversive & lazy power elites committing to managed decline in all areas. I agree with all your other general points in this episode, (& most in others), but I'd appreciate some due dilligence being done on this one. & on the issue of cost of the past half quater centuries' immigration policies, the University of Amsterdam recently put out the result of a 4 year study on the financial impact of immigration on the Netherlands between 1995 & 2019 that showed a net cost of €400 Billion. Slim chance it's wildly different in the UK - should we ever be shown all the figures. Immigration didn't need to result in what it has, it could have been done sensibly & only broughr benefits - instead we have plumetting social trust, spiraling debt & the children of English (white British) families will become a minority in the English schooling system within 10years by their own reported student body ethnic data. (The English to become a minorty in England in mere few decades & all Britons in the Isles - not just the UK - by around mid century). I like most people have no issue with honourable guests of foreign extraction themselves, but I do with those who aren't honourable & the impact of undemocratic demographic policies on my heritage & the destruction & those who enacted, continue & defend them.

It was Thatcher who destroyed Local Government and centralised the British state. While there were problems with the economy and industrial relations in the 70s, for her to taking a wrecking ball to the whole thing purely for the sake of political power was insane. All those skilled people thrown on the scrap heap... all the oil money squandered... Just look at where the various privatisations have left us: Thames Water may yet do for Martin's wonderful London. It really could get that serious. Part of the problem we've got is the political Right are increasingly like libertarian jihadists. They have a fanatical hatred for public services and a blind belief in private enterprise. The Left meanwhile get led up blind alleys and lack confidence. There's nothing wrong with trial and error. The Chinese have studied what the West did and then tried things bit by bit. Their weakness is their love of money which has led to the property bubble.

Europe has dinosaurs running their countries and none more so than the UK , look at the US new administration Musk, Vance, Vivek are all young men that have a tech background and understanding of that side of things the UK has nothing but dinosaurs working off whiteboards with marker pens with zero understanding of the tech world while universities turn out idiots that cant even grasp basic biology where the likes of China turn out high IQ students that can't get a job so to get on in life they are left delivering food in order to live while Europe allows low IQ slaves to drive wages down but as usual we get these fools that still long for the Empire telling us that GB is still a force on the world stage while Germanys economy slowly crumbles due to their reliance on Russian gas to drive their industrial base along with closing down their nuclear power stations to rely on windmills and solar while operating opencast mines to export that coal to South America as subsidised Chinese EVs kill their car industry

Quite right Our government unfortunately think that they are planning for the long term Reeves and Starmer are both extremely conventional people who have swallowed their own propoganda

I think the only growth for Britain is more brown people, more Muslims and more mosques + battery farm + cheap labour = low wage, halal chicken n chip shop utopia whoooooo 🎉

What about the impact of the super rich buying up the assets and living on passive income. Even the government cant compete now.

Romes fall from super power...what went wrong? Spain's fall from superpower...what went wrong? France's fall from superpower...what went wrong? Holland's.....

It went woke - obsession with diversity - pathetic leadership around our education systems. been marginalised and diluted over decades

Britain wrecked itself by fighting wars it couldn’t afford in the first half of the 20th Century America is doing the same thing in this Century Col Macgregor Ret

Failure to invest in industry 1914-19 and Mismanaged Imperial Decline while being Delusion about our status The End

Yes, I woud agree, taxing profit, is smarter for growing the country. Not taxing revenue

Everytime anyone chips in this guy ups the volume 😅. Interesting stuff though.

Ireland isn't happy or successful

Andrew Craig is a legend! Give us tax incentives to invest in the ftse250. When I contribute to my SIPP I automatically get 25% tax relief. Majority of that money goes to USA. Give me 35% and I will allocate it into the FTSE

Crypto funds child abuse and terrorism. It undermines democracy. And for investors it has no intrinsic value. It’s a giant pyramid scheme that’s helping the worse people fund the worse crimes imaginable.

And the Islamic Party?

What did we do last time? Mariner Eccles, FED chair 1934 - 48, observed what the capital accumulation of neoclassical economics did to the US economy in the 1920s. “a giant suction pump had by 1929 to 1930 drawn into a few hands an increasing proportion of currently produced wealth. This served then as capital accumulations. But by taking purchasing power out of the hands of mass consumers, the savers denied themselves the kind of effective demand for their products which would justify reinvestment of the capital accumulation in new plants. In consequence as in a poker game where the chips were concentrated in fewer and fewer hands, the other fellows could stay in the game only by borrowing. When the credit ran out, the game stopped” A few people have all the money and everyone else gets by on debt. When the credit ran out, the game stopped. When wealth is too unevenly distributed the system stops working. Keeping the system running on credit is what we call a short/medium term solution; it doesn’t work over the long term. What did we do? We added redistribution by taxation, and used it provide cheap housing, education, health and other services. How did that work? Disposable income = wages - (taxes + the cost of living) Employees get their money from wages, so employers pay the cost of living through wages. A low cost of living works for employees and employers. A strong healthy middle class developed in the West. You probably haven’t noticed, but the arc of progress did a U-turn after the Keynesian era, and we went back to the economic thinking that preceded it with neoclassical economics. If we want to get back there, we need to remove the redistribution by taxation.

Read Goldman Sachs 2075 report. Europe is done

When did things start going wrong in the UK? a) 2020 - Covid lockdowns b) 2016 - Brexit c) 2008 - The GFC d) 1979 D was the right answer. The UK eliminated corset controls on banking in 1979, and the banks invaded the mortgage market. www.housepricecrash.co.uk/forum/uploads/monthly_2018_02/Screen-Shot-2017-04-21-at-13_53_09.png.e32e8fee4ffd68b566ed5235dc1266c2.png The corset controls had directed bank credit for productive purposes so debt grew with GDP. When bank credit was used to fund the purchase of assets, like real estate, the debt in the system started to rise unsustainably. Policymakers never realise the money to push up asset prices is coming out of the banking system, where the claims on future spending power pile up out of sight and out of mind. Free market theory has always been fundamentally flawed. The bank’s ability to create money has always been the problem. This is where it all goes wrong.

What was the secret of our success? You forget, and finance becomes dominant. A few on the fringes are starting to ask serious questions about the conventional wisdom. ua-cam.com/video/tYWI2cAjQdA/v-deo.html This academic makes the important distinction between primary and secondary markets. A subtlety that has been completely lost in mainstream thinking today. She looked back to see how Holland and the UK went into decline as finance became dominant. Finance seems to deliver so much, but the on the whole the effects are negative. Capital starts flowing into the markets rather than the real economy, where the real wealth creation takes place. The UK was once the world’s great superpower, and it rose to prominence on the back of the industrial revolution. As finance came to the fore, our fortunes started to wane and there was one financial crash after another. Holland had been the world’s great superpower before that, and they met the same fate; as finance came to the fore their fortunes took a turn for the worse. The US seems to be next great superpower to make the same mistake, it’s just one financial crash after another, S&L crisis, dot.com bust, 2008 and the next one is brewing. What we need is for finance to become dominant globally. Then we can see what they are up to. How does the constant churning of existing financial assets actually do anything? It doesn’t really; it looks like wealth creation is taking place when you don’t understand the mechanics of the banking system Real wealth creation takes place in the real economy. The illusory gains of finance rely on you not understanding the banking system. Global policymakers never realise the money to push up asset prices is coming out of the banking system. At 25.30 mins you can see the super imposed private debt-to-GDP ratios. ua-cam.com/video/vAStZJCKmbU/v-deo.html It only works because not considering private debt is the Achilles Heel of neoclassical economics. You don’t see where the money is coming from to pump up asset prices.

Outing 2k in an isa gets some profit but there’s always a chance with crypto That you make shed loads

Politics it's all about politicians and their careers and nothing about the nation, fight for power and keep sinking the ship on the expenses of everybody with their shortermism agendas

by that logic. Africa is hurting the EUs recycling industry by buying the used and broken things...

We have a duty to protect ourselves from foreign threats and to protect our borders.

Ahh i feel so sorry for these scroungers 😢

This guy has no clue how Africa is... They are NOT Europeans.

How much money did we print in the last 4 years thats y everything cost so much now

Quite a difference in size of countries

Sri Lankans are direct !

Money trading doesn't create wealth either, it just makes some people richer and some poorer at a given time.

All that is in the past, ask the Norwegians, the Swedes, how have they been in the last couple of years, since the migration came into force?