Patton talks like he has done wonders during his stint as governor of hong kong. Most of the real estate problem in hong kong were rooted on his governance where he connived with tycoons to corner the real estate market and did not even bother to develop and plan for the lower middle class and below. Hence there was massive shortage of housing in HK when he left hong kong which is still being felt today.
After 14 years in opposition Labour took power and adopted the same failed policy as their predecessors, making Brexit work. Most of the countries in Europe are working their way out of the problems caused by the Ukraine conflict and the Covid global pandemic but the UK decided to add an even bigger problem by exiting the EU and the result is that Brexit is now doing more harm to our economy that a global pandemic did.
🤣🤣🤣 I think you need to get out of your bubble and look deeper at the economic and political turmoil currently raging in Germany. They go to the Polls 23 Feb and before that Trump is going to read them their fortune. EU and other western nations are shifting right because of failed globalist ideology.
love how at 6.20 the guy doesn't want to say Brexit, oh he knows that was an impact also but doesn't want to stir up the right wing media that he represents. It's just COVID, Energy Crisis (You mean Russia's War in Ukraine) also doesn't want to say, Financial crisis? oh you mean because oh the prior impacts Brexit, COV, War = financial crisis, we'll yeh but itself wasn't the cause it was everything prior added up. Got to love the media in the UK. Never say the truth when your part of the narrative to warp the public. A fine country we live in, fine country.
Reforming the NHS. Has been tried, countless times, and it ends in disaster. There are too many chiefs and not enough indians, as the old saying goes. We don’t need any expensive reforms for the NHS, we need to get rid of some of the top heavy management.
Our population is ageing. People are now living regularly to 85/90 years in conjunction with a decreasing birth rate. That will put extreme pressure on all public services. People are in such denial about the implications our demographic imbalance between young & old will be. It’s playing out now.
@@jeremiahpoole6526 not only just that. The NHS simply isn't built to take in unlimited amounts of immigrants. There's only so much betore it all collapses. It's was British service, funded through British taxpayers. Now it's a world service, but funded solely by British taxpayers.
I am a Hongkonger. Why Brits still keep talking about China and Hong Kong. Mind your own business. Leave Hong Kong and China alone. We are happy in Hong Kong.
Even EU's largest trading partner is China. To not trade with the 2nd largest economy is stupid. How did you think UK became so powerful/rich/abundant during 17th century? Maybe instead of selling opium, sell British products (which could restart manufacturing in UK) that Chinese actually like. Use tariffs to adjust any deficiencies. France exports wine. Maybe UK can export British meat (due to our higher quality), fashion(Burberry), food/beverages, Skincare etc....
For anyone wondering, what we have seen the last 20 years is called managed decline. Irregardless of your political beliefs, it is a lack of accountability and honesty that had led us here.
@@allykhan8594 The govt can't print money. It has to borrow. Nobody wants to lend to the government because they think that inflation is going to be far more severe than expected and investors are beginning to doubt the future solvency of the british government which is predicated on future growth that thanks to this Labour govt may never be realised. Specifically, govt borrows with fixed coupon repayments, investors buy these at a discount and the difference between the price they bought at and what the govt pays them is the yield. When investors are particularly hesitant to buy gilts, the yields will increase as sellers push the price down to try and find a buyer. Most alarmingly is that it's very clear that international investors don't want anything to do with our sovereign debt, otherwise the pound would begin to rally as they converted foreign currencies into sterling to buy the bonds.
Thanks to God!!Hit $195k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months.Started with $16k in June 2022 regardless of how bad it gets on the economy
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in losing funds...... But James werden,restored hope his a good man
Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars. That’s how I start my crypto investment.
Maybe if we respected engineering and science positions a little more we wouldn’t have had such a brain drain. How did we go from inventing the train to not being able to build a track or even a train carriage. We’ve become a nation of middle managers and office workers. We don’t even have many entrepreneurs. Despite the pettiness and vengeful/inflationary budget it’s not the sole cause of the UK’s economic slide.
Remember, the only reason we're in this mess is record and skyrocketing inequality of wealth. Its not about me and the people making a million quid. Its about how the top 5% are constantly extracting value from assets that should be Great Britain's to extract. Foreign investors own our properties, out businesses and our stocks, and they do AS MUCH as possible to not pay the taxes on that. If British people owned British assets, rented/ traded them to British people and we all payed what was right and due, half of our problems go away. But we're prostrated ourselves to investment capitalism to dodgy companies and countries. And we get record poor value. So we raid the pockets of tax payers to make up for it. So our money goes to the dodgy overseas landlords AND then it goes to the government as well. It's not a Labour and Conservative or Reform problem. It's deeper. The mega rich have been getting richer, and its at the expense of 60 million Brits losing out. WHY DO WE ACCEPT THIS?
It's about control, taxation, and the gigantic inefficient public sector...Labour will simply exacerbate it of course.. ..How will Reeves solve the issue?...simply print more money 4.8% perhaps...making the poor...poorer. if you think its not her fault thats naieve she pulled the exact worst strings you can...taxing away growth and they WILL print loads of money, and make great britain (everyone) worse off
A straightforward solution would be to replace council tax with a property tax, which could effectively target those who are asset-rich. However, it is unlikely that either political party would implement such a measure.
Courting China at a time when the Chinese economy is in an extremely volatile predicament is very much playing with fire. Then there is the political and geopolitical ramifications of dealing with a country such as the People's Republic of China. The truth of the matter is that the UK has been in economic decline for decades and whilst lunatics like Truss completely and massively amplified the situation with her ludicrous budget and then Reeves with her measures, in reality, neither are really to blame for the underlying issue. The UK really needs to get a grip on itself and it will take a very talented cabinet introducing revolutionary changes to make that happen. I cannot see anyone on the current political landscape of any party that meets those criteria.
@@andrewjones-productions no welfare, they'll bounce bk. China saying "no work no eat." British saying "no work better off" while playing xbox many babies no dads.
This is why deliberately harming our economy with Brexit should never have happened. At a time when Covid, the Ukraine war etc... put our economy to the test, we decided to cripple the economy with Brexit, when we needed it most.
it will get much worse from June 30, 2025 the british clearing houses will no longer be allowed to do euro clearings. it was supposed to be gradually withdrawn but many of the eu members were against this so it will be a one day stop. this means that the budget deficit of the uk from june is on average seven coma five billion per month!!!!! i wonder how starmer is going to close that gap
@EUistheFourthReich Germany was too reliant on Russian Gas. Just because they don't have their version of Brexit, it doesn't mean that Brexit isn't a major factor in our problems (because it definitely is). Also, what are your thoughts on the Irish, Spanish, Latvian economies doing well etc.
Councils are being paid an extra grant on top of their funding from the government to cover the NI rises they'll have to pay on their employees behalf. For instance a grant of £44m to cover NI, which they then pay back to the government in extra NI contributions. UNBELIEVABLE! Give with one hand and take with the other. Problem is council expenditure goes up because all the companies they have contracts with need to put up their prices to cover their own employees NI obligations. Leaving the council underfunded.
Exactly. The usual nay saying from a Tory. China has the biggest economy in the world . China is the biggest exporter in the world by far. China cannot be ignored. Like it or not. Patton is a good example of cutting your nose off to spite your face. All the Tories ever do is suck up to the Americans.
China doesn't have spare money as well. Realestate economy is collapsing all around the Western world. New china also can't accept more immigration from old China anymore.
No. The Russians, Cambridge Analytica and some targeted misinformation all had an impact. If we stay off social media and start talking, we can recover. Support newspapers and editorialized media.
@allykhan8594 I advise the Chinese to take over running of our maritime borders, improve our public transport infrastructure and get proper Chinese chefs working in our so-called Chinese restaurants...
Let the markets speak for themselves. China has its own problems and isn't taking investment advice from random internet trolls that are clueless about economics and financial markets.
@@RiteMoEquationsmate, the west stole russia's money. I only been importing exporting frim china fcl's last 20 years, what do i know? Cod & chips investment look tasty.
The Chinese economy is so bad VCs are chasing their failed entrepreneurs in court! And we're courting them for investment. Starmer needs to get off his high horse and bend the knee to Trump. The US is the only game in town.
Typical Tories. Blame Labour for higher borrowing costs despite their hard Brexit they forced upon the economy, Liz Truss's mini budget, their austerity measures, giving tax payers money to their mates all being major factors causing this. All the Tories do is blame other people for their failures.
We should be putting tariffs on the stuff we get from them , they buy nothing from us (0.2%). Its not even worth getting on the plane. People that voted labour 😅 i hope your happy.
@@Sheffield_Stevein all seriousness, Keir blaming everything on Liz truss, is one of his greatest hits right after the anthem "my father was a tool maker". Interested to see how long he can drag that out, but I'm sure he will find a way. Keir the perpetual victim. The fact he couldn't stand to have a portrait of a woman that was twice the man he could ever be in the room was rather telling. Less strong than the average cup of tea.
I think it will be harder for her to take to court for the reason that the man she has challenged made a career for himself by defending many that shouldn't have been. Pretty easy to demonstrate the defamation. Simply attributing something to a person repeatedly is enough to be slanderous.
Why would he know anything about globalization and the geopolitics of the 21st century? A more modern economist like John Maynard Keynes would have a better understanding of international markets.
exactly. astonishing how brexit is the cause of this country's downfall, all because some people want to be all important and "take back whats rightfully theirs" honestly, do those people know even in the slightest how global economies work? looks what's happened post-brexit. doesnt surprise me.
Because brexit litterally has nothing to do with ecoomic decline, your ilk have no educated on the subject and dont eben know what brexit is, you just keep repeating it despite its irelvancy using it as an excuse. Paying 5.4 billion a uear to illegal migrants, spending extreme money in external conflicts sending money to syria ect, racking up major debt and raising borrowing, all of this has done it
That's because Brexit has mostly been factored into the currency-exchange and financial markets. The higher borrowing costs are recent and mostly due to uncertainty about inflation and global markets.
@@gingerssmelllikecabbageand8708 I think you are asking what happened under Truss before she got lynched? She was trying to give a break to British businesses in a time when it was desperately needed and could have made a difference to our economy.
@@richirichjam it's absolutely tanked since they got their mits on it. The accountability for what has happened since they took over can only be attributed to labour and the trojan horse it calls "policy".
@unatwomey7112 it is actually a fact that none of the entire cabinet have actually run businesses. I would never trust Labour with the economy. I said that as being in business myself I can tell you that all Labour's manifesto achieved was barriers to growth.
It was fake growth. Smoke and mirrors. What factories does the UK have left? What industries does it have left, other than financial? What does the UK actually produce?
@@1ForTheShieldz Liz did have a plan and her plan was loco. She was literally playing roulette with the British economy. She literally said this herself when she said the deficit in the budget would be paid by future growth. Of course "future growth" is guesswork and a total gamble. This is what spooked the markets. It wasn't that Liz didn't have a plan it was that her plan was completely barmy.
I feel sorry for Labour, just got into power and the ECB and European banks stop lending, China is having huge economic problems, America has certainty issues with Trump. The world is providing some serious headwinds.
Both Britain and the US will survive and continue to prosper. Unlike with the political and economic systems in China, Russia, Iran, and North Korea, the liberal democracies have peaceful transfers of power and markets that reflect uncertainty in future economic growth.
Anyone seriously surprised!? This is just tax & spend other people's money - usual Labour. Anyone who voted Labour & expected any different is unbelievably naive.
Gilts soaring results in borrowing interest rates for the government soaring! This is because the ‘markets’ see no confidence in short or long term growth in the uk. More tax rises on the way from Labour is the result. And they thought Truss was bad!!!
Come back and tell us when that orange nightmare and his bunch of idiots have been in power for a couple of years. Just go away and mind your own business.
So so true - I'm pleased the USA has finally got rid of the woke liberal culture. The UK needs to follow in the USA's footsteps. All this socialist anti growth coalition are doing is making the people who want to get on in life poorer & continue to fund benefit seekers. Being in business I'm not remotely surprised the UK is in this situation.
You can't cut your way to economic growth. If the government doesn't address inequality then the working and middle classes will continue to not have any money to spend.
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yea mee too mate, people are too busy trying to "take back what what theirs" they dont even have the slightest clue on how world economies work. glad its worked out for them.
Improve productivity in Nhs? Lol. You think nhs is like a machine ? lol. Sounded as if nhs staff is not working hard. I have better idea. Tax on the mega rich like 200k above extra 5%. Including all their bonuses and overtime or any allowance. And then another 5% on those earning over a million especially in the banking and investment sectors. 😂 and then corporation tax should be tiered too. Not a flat rate.
Labour are a socialist party so I'm not remotely surprised. I've been clever enough to have never voted Labour through my entire life. Socialism makes you poorer.
Imagine being 20yo young and can't do nothing but work just to survive
we don't need 20 year old Brits. We import all our labour from the third world.
Patton talks like he has done wonders during his stint as governor of hong kong. Most of the real estate problem in hong kong were rooted on his governance where he connived with tycoons to corner the real estate market and did not even bother to develop and plan for the lower middle class and below. Hence there was massive shortage of housing in HK when he left hong kong which is still being felt today.
thank you !
They always do this and make it harder with rules laws permits to make more houses while importing more people
The UK is in such a mess. What an utter sh*t show 🤦
No wonder nobody is inesting in uk and everyones leaving
Patton ran Hong Kong like a British colony. Back home he preaches democracy
After 14 years in opposition Labour took power and adopted the same failed policy as their predecessors, making Brexit work. Most of the countries in Europe are working their way out of the problems caused by the Ukraine conflict and the Covid global pandemic but the UK decided to add an even bigger problem by exiting the EU and the result is that Brexit is now doing more harm to our economy that a global pandemic did.
🤣🤣🤣 I think you need to get out of your bubble and look deeper at the economic and political turmoil currently raging in Germany. They go to the Polls 23 Feb and before that Trump is going to read them their fortune.
EU and other western nations are shifting right because of failed globalist ideology.
Lord patten who didn't give hong kong democracy is such a drama queen now that China isn't giving HK democracy either , tedious hypocrite
We don't want democracy thanks. No need, we're good.
He gave them over to become a prison
Seriously I feel very sorry for the kids at school now, think the UK will be a third world country in twenty years or less
you mean NOW under liebor
Labour didn't lie on a massive red bus, alienate us from our economic partners, mismanage covid funds, nor did they crash the economy @@mikerobb8838
Already is.
@@mikerobb8838 Because of Brexit and 12 years of Tories leeching all the wealth out of the public services and stuffing it into their mates' pockets.
love how at 6.20 the guy doesn't want to say Brexit, oh he knows that was an impact also but doesn't want to stir up the right wing media that he represents. It's just COVID, Energy Crisis (You mean Russia's War in Ukraine) also doesn't want to say, Financial crisis? oh you mean because oh the prior impacts Brexit, COV, War = financial crisis, we'll yeh but itself wasn't the cause it was everything prior added up. Got to love the media in the UK. Never say the truth when your part of the narrative to warp the public. A fine country we live in, fine country.
Reforming the NHS. Has been tried, countless times, and it ends in disaster. There are too many chiefs and not enough indians, as the old saying goes. We don’t need any expensive reforms for the NHS, we need to get rid of some of the top heavy management.
@@patmays7344 lol my relatives who worked in it said it was dysfunctional ever since matrons left the scene.
Our population is ageing.
People are now living regularly to 85/90 years in conjunction with a decreasing birth rate.
That will put extreme pressure on all public services.
People are in such denial about the implications our demographic imbalance between young & old will be.
It’s playing out now.
Ok so, reforming the NHS doesn't work. Then you propose a reform for the NHS?
@@jeremiahpoole6526 not only just that. The NHS simply isn't built to take in unlimited amounts of immigrants. There's only so much betore it all collapses. It's was British service, funded through British taxpayers. Now it's a world service, but funded solely by British taxpayers.
@@patmays7344 we just need to get rid of the entire thing and just have an insurance based model like the French, Dutch, and German have
I am a Hongkonger. Why Brits still keep talking about China and Hong Kong. Mind your own business. Leave Hong Kong and China alone. We are happy in Hong Kong.
They're Hopeless Racists so, don't mind them Bro! My country ALWAYS likes to blame others when times are Tough! But we're NOT all like this 😊
Rachel from accounts hasn't got a clue,, she had her credit card stopped
Instead of cowering to China for trade, imagine if the UK could trade freely with its closest neighbours who share similar values and cultures 🙄
Oh yeah, what that was called again? The European something, I forgot...
@@jaker3151 There's a thought!
Won't work. The EU is in terminal decline.
Even EU's largest trading partner is China. To not trade with the 2nd largest economy is stupid. How did you think UK became so powerful/rich/abundant during 17th century?
Maybe instead of selling opium, sell British products (which could restart manufacturing in UK) that Chinese actually like. Use tariffs to adjust any deficiencies. France exports wine. Maybe UK can export British meat (due to our higher quality), fashion(Burberry), food/beverages, Skincare etc....
The EU is doing no better than us,and our values and culture decline every day.
Soon Britain will be unrecognizable.
Rachel from complaints will bring down this government singlehanded.😂😂😂
Let's hope so ❤
Bring back Jeremy Hunt!
For anyone wondering, what we have seen the last 20 years is called managed decline. Irregardless of your political beliefs, it is a lack of accountability and honesty that had led us here.
Print more money so we can put heating on?
And go pubbing!
@@allykhan8594 thats not how it works?
@@allykhan8594 The govt can't print money. It has to borrow. Nobody wants to lend to the government because they think that inflation is going to be far more severe than expected and investors are beginning to doubt the future solvency of the british government which is predicated on future growth that thanks to this Labour govt may never be realised.
Specifically, govt borrows with fixed coupon repayments, investors buy these at a discount and the difference between the price they bought at and what the govt pays them is the yield. When investors are particularly hesitant to buy gilts, the yields will increase as sellers push the price down to try and find a buyer.
Most alarmingly is that it's very clear that international investors don't want anything to do with our sovereign debt, otherwise the pound would begin to rally as they converted foreign currencies into sterling to buy the bonds.
Excuse me, 20 years or 14? So previous labour started it all huh?
Raise Taxes, all of the poor have not been bled dry yet, follow Labour policies.
Thanks to God!!Hit $195k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months.Started with $16k in June 2022 regardless of how bad it gets on the economy
How please!? If it’s possible, I would appreciate if you show me how to go about it
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in losing funds...... But James werden,restored hope his a good man
I’m not here to converse for him to testify just for what I’m sure of,he’s trustworthy and best option ever seen.
Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars. That’s how I start my crypto investment.
Wow, that’s very nice. Please how can i be able to reach out to your broker. My income is in a mess please
Maybe if we respected engineering and science positions a little more we wouldn’t have had such a brain drain. How did we go from inventing the train to not being able to build a track or even a train carriage. We’ve become a nation of middle managers and office workers. We don’t even have many entrepreneurs.
Despite the pettiness and vengeful/inflationary budget it’s not the sole cause of the UK’s economic slide.
So many incompetent people governing the country.
Seriously? You're asking pattern. He screwed up hk! Of all past govenor, he is the least competent.
Hardly.
Remember, the only reason we're in this mess is record and skyrocketing inequality of wealth. Its not about me and the people making a million quid. Its about how the top 5% are constantly extracting value from assets that should be Great Britain's to extract. Foreign investors own our properties, out businesses and our stocks, and they do AS MUCH as possible to not pay the taxes on that.
If British people owned British assets, rented/ traded them to British people and we all payed what was right and due, half of our problems go away. But we're prostrated ourselves to investment capitalism to dodgy companies and countries. And we get record poor value. So we raid the pockets of tax payers to make up for it. So our money goes to the dodgy overseas landlords AND then it goes to the government as well.
It's not a Labour and Conservative or Reform problem. It's deeper. The mega rich have been getting richer, and its at the expense of 60 million Brits losing out. WHY DO WE ACCEPT THIS?
This is the answer
well said, especially the way you see beyond party politics for the cause... i couldn't agree more... 🙂
It's about control, taxation, and the gigantic inefficient public sector...Labour will simply exacerbate it of course..
..How will Reeves solve the issue?...simply print more money 4.8% perhaps...making the poor...poorer. if you think its not her fault thats naieve she pulled the exact worst strings you can...taxing away growth and they WILL print loads of money, and make great britain (everyone) worse off
Your ignorance 🤣🤣🤣🤣🤣 is funny its the 1% making the money and your taxing them out the country
A straightforward solution would be to replace council tax with a property tax, which could effectively target those who are asset-rich. However, it is unlikely that either political party would implement such a measure.
Why are there two ex-conservative MPs on this video. Chris Patten and Rupert Harrison are terrible guests to choose.
Courting China at a time when the Chinese economy is in an extremely volatile predicament is very much playing with fire. Then there is the political and geopolitical ramifications of dealing with a country such as the People's Republic of China. The truth of the matter is that the UK has been in economic decline for decades and whilst lunatics like Truss completely and massively amplified the situation with her ludicrous budget and then Reeves with her measures, in reality, neither are really to blame for the underlying issue. The UK really needs to get a grip on itself and it will take a very talented cabinet introducing revolutionary changes to make that happen. I cannot see anyone on the current political landscape of any party that meets those criteria.
@@andrewjones-productions no welfare, they'll bounce bk. China saying "no work no eat." British saying "no work better off" while playing xbox many babies no dads.
Thanks
No deppression is coming
This is why deliberately harming our economy with Brexit should never have happened. At a time when Covid, the Ukraine war etc... put our economy to the test, we decided to cripple the economy with Brexit, when we needed it most.
it will get much worse from June 30, 2025 the british clearing houses will no longer be allowed to do euro clearings. it was supposed to be gradually withdrawn but many of the eu members were against this so it will be a one day stop. this means that the budget deficit of the uk from june is on average seven coma five billion per month!!!!! i wonder how starmer is going to close that gap
The answer is raise taxes. Rub out the “red lines”.
And a word not mentioned once: Brexit.
What's the excuse for the German recession & France's Government collapsing?
@EUistheFourthReich Germany was too reliant on Russian Gas. Just because they don't have their version of Brexit, it doesn't mean that Brexit isn't a major factor in our problems (because it definitely is). Also, what are your thoughts on the Irish, Spanish, Latvian economies doing well etc.
she’s looking haggard already i don’t think she will go the distance.
A genius! Thank he is sharing with us his profound snd deep knowledge. Merci!
They had to scrap salary sacrifice scheme...
The British house commons is a joke . .
It’s a clown show
You could always adopt the system used in Beijing.
@@geoffreywilliams9324 very common!
@@RiteMoEquations works, been there 15+ times. Chinese people no1 care about making money not voting for batty politicians.
Labour is a disaster, and they keep telling the public it's not their fault 😂
Wealth tax could have raised 25 billion. We need to tax the rich rather than borrow.
You do realise this affects us aswell with prices increases ?
Inequality is growing and so is a social power imbalance like we haven't seen since the 14th century.
Actually it’s investment that’s required and significant amounts of it. However the UK is a clown show
@@melvinpenman1102 it’s a mess the country government needs to go
@@melvinpenman1102 we need a different government in its a mess
Brexit: the gift that keeps on giving
😂😂😂😂
That’s real mental illness seeing as the pound has been stable since truss until reeves got her grotty hands on it
Nothing to do with Brexit just useless politicians on both sides
Are people still living that far in the past, wow.
@@EUistheFourthReichBrexit is still actively impacting our businesses and general trade - brexit is still very much present.
Councils are being paid an extra grant on top of their funding from the government to cover the NI rises they'll have to pay on their employees behalf. For instance a grant of £44m to cover NI, which they then pay back to the government in extra NI contributions.
UNBELIEVABLE!
Give with one hand and take with the other. Problem is council expenditure goes up because all the companies they have contracts with need to put up their prices to cover their own employees NI obligations.
Leaving the council underfunded.
Which China? Pre-election China or Post-election China??????
Patton is the least credible source 😂 he left HK in a mess!
Exactly. The usual nay saying from a Tory. China has the biggest economy in the world . China is the biggest exporter in the world by far.
China cannot be ignored. Like it or not. Patton is a good example of cutting your nose off to spite your face. All the Tories ever do is suck up to the Americans.
So Patten is so concerned about Chinas human rights yet so silent on Gazza ? . Something is not right here 😮.
He doesn't seem to understand the word "brink". Or he is just dodging the question. She should've asked him "Do you know the word "brink"?" 😄
No confidence
Britian is toast !
Reeves is busy looking for someone else’s answer to plagiarise.
It will go back up in next 5/6 session
Just shows how desperate labour is going to China
@@roberts7961 And the Tories making deals with Lichtenstein was really going to boost the UK economy eh??
Why, how is this 'desperate'?
China doesn't have spare money as well.
Realestate economy is collapsing all around the Western world.
New china also can't accept more immigration from old China anymore.
Britain was done 15 years ago
Were the making of our own problems. Absolute losers.
Speak for yourself .
No. The Russians, Cambridge Analytica and some targeted misinformation all had an impact. If we stay off social media and start talking, we can recover. Support newspapers and editorialized media.
@@unatwomey7112 He say's on social media.
@@unatwomey7112 Support newspapers !! That’s ludicrous. They are foreign owned and are no more than adult comics.
I advise China not to invest in the U.K.
LOL. China could buy the whole of the UK at the moment.
@allykhan8594 I advise the Chinese to take over running of our maritime borders, improve our public transport infrastructure and get proper Chinese chefs working in our so-called Chinese restaurants...
Let the markets speak for themselves. China has its own problems and isn't taking investment advice from random internet trolls that are clueless about economics and financial markets.
They are 10 years ahead of you
@@RiteMoEquationsmate, the west stole russia's money. I only been importing exporting frim china fcl's last 20 years, what do i know? Cod & chips investment look tasty.
They are getting cooked !
The Chinese economy is so bad VCs are chasing their failed entrepreneurs in court! And we're courting them for investment.
Starmer needs to get off his high horse and bend the knee to Trump. The US is the only game in town.
Brexit that’s the main issue
This has nothing to do with brexit. It is the cost of welfare which has outstripped the bond markets.
Typical Tories. Blame Labour for higher borrowing costs despite their hard Brexit they forced upon the economy, Liz Truss's mini budget, their austerity measures, giving tax payers money to their mates all being major factors causing this. All the Tories do is blame other people for their failures.
We should be putting tariffs on the stuff we get from them , they buy nothing from us (0.2%). Its not even worth getting on the plane.
People that voted labour 😅 i hope your happy.
Lord Patton banging on about principles? Makes me wanna throw up.
Have we still got enough to send to the Ukraine?
Just for the record Rachel Reeves + Labour have now raised borrowing costs higher then infamous Liz 'lettuce' Truss, budget.
@meglobob9217 liz reeves lettuce, sounds like a sandwich!
Is that why Labour hasn't sent out a cease & desist letter to stop the opposition from making such comments?? 🤔🤣
@@Sheffield_Stevein all seriousness, Keir blaming everything on Liz truss, is one of his greatest hits right after the anthem "my father was a tool maker". Interested to see how long he can drag that out, but I'm sure he will find a way. Keir the perpetual victim. The fact he couldn't stand to have a portrait of a woman that was twice the man he could ever be in the room was rather telling. Less strong than the average cup of tea.
@Benjamin-su6fc It will be a bit difficult for Truss to take it to court, she would have to prove it wasn't true! 🤣
I think it will be harder for her to take to court for the reason that the man she has challenged made a career for himself by defending many that shouldn't have been.
Pretty easy to demonstrate the defamation. Simply attributing something to a person repeatedly is enough to be slanderous.
It’s clown show, Adam smith would not believe what the UK is doing
Why would he know anything about globalization and the geopolitics of the 21st century?
A more modern economist like John Maynard Keynes would have a better understanding of international markets.
And he would have understood the 2008 banking crisis?
Resign and call Snap elections
what a bunch of clowns
Brexit means Brexit
Piles pressure on Labour? What about the citizens of the UK?
Not one mention of Brexit.
Bizarre.
exactly. astonishing how brexit is the cause of this country's downfall, all because some people want to be all important and "take back whats rightfully theirs" honestly, do those people know even in the slightest how global economies work? looks what's happened post-brexit. doesnt surprise me.
@ascgazz That makes a pleasant change.
@ascgazz there was no mention of the 2008 world economic crash nor the ramifications of the COVID shut down either....
Because brexit litterally has nothing to do with ecoomic decline, your ilk have no educated on the subject and dont eben know what brexit is, you just keep repeating it despite its irelvancy using it as an excuse. Paying 5.4 billion a uear to illegal migrants, spending extreme money in external conflicts sending money to syria ect, racking up major debt and raising borrowing, all of this has done it
That's because Brexit has mostly been factored into the currency-exchange and financial markets.
The higher borrowing costs are recent and mostly due to uncertainty about inflation and global markets.
Truss was lettuce, while Reeves is a cabbage. 💩💩💩
@@jaxsai5641 She still can't beat Truss's record of ballsing up the economy within half an hour of a budget like her & Kwarteng!!
Starmer will throw Rachel from accounts under the bus once this crisis starts deepening in April.
Chancer in charge
Literally dont care anymore
Labour makes everything worse.
Truss what happened there
@gingerssmelllikecabbageand8708 Really....Lols
@@gingerssmelllikecabbageand8708 I think you are asking what happened under Truss before she got lynched? She was trying to give a break to British businesses in a time when it was desperately needed and could have made a difference to our economy.
@@gingerssmelllikecabbageand8708Absolutely 💯
Has Rachel Reeves sent out a cease and desist letter to the opposition, I don't think so! 🤭🤣
@@gingerssmelllikecabbageand8708 Ain't that the real truth!
How can this happen? She's a world famous economist.
@@yousnotright at toys r' us
All the indications of a system they doesn’t work
Indications, wow, I’d call it fireworks and fog horns
These people are all useless,
The Tories handed Labour a wonderfully strong economy, didnt they?
Nope it’s the English doing what they do,
@@richirichjam it's absolutely tanked since they got their mits on it. The accountability for what has happened since they took over can only be attributed to labour and the trojan horse it calls "policy".
Labour manufactured their own black hole
Been snowballing off a cliff since Tory Bliar.
Exchange your pounds to dollars
Maybe shiny Stones..😂
Scrap ir35!!! Get small businesses growing and bkt collapsing!!+
There is money for Ukraine! Lol
the country was cooked 14 years ago
@@frobo223 both sides?
You don't tax an economy into growth.
It didn't grow under the Tories, though
@calc1657 its performing worse now than it ever did under the opposition. What a pointless remark.
@@Benjamin-su6fc No growth under the was indeed pointless.
What would you do about the enormous public sector debt?
@@Benjamin-su6fceven under Covid? I highly doubt that
That didn’t take Labour long .
Well they don`t muck about screwing things up.
What a country we put a fool that only worked in a complaints department in charge of the economy .
Sadly people were stupid enough to vote for Labour.
Roland, go to school - writing and arithmetic to begin with and a bit of reading too.
@unatwomey7112 it is actually a fact that none of the entire cabinet have actually run businesses.
I would never trust Labour with the economy. I said that as being in business myself I can tell you that all Labour's manifesto achieved was barriers to growth.
It’s already here..has been here for a few years.. hovering around recession 🙄🙄🥴😎
6 months ago UK was the fastest growing economy in the G7. What on earth has happened in the last 6 months?
It was fake growth. Smoke and mirrors. What factories does the UK have left? What industries does it have left, other than financial? What does the UK actually produce?
14 years of the feckin' Tories & Brexit that's the problem. 💯
Rachael from accounts
With a projected growth rate of 0.3%?
What bs !!
#Eggxit time for England to break free from the UK
The majority in Scotland support this. If there's any way to expedite this?
Aye
Ahll gang the morns morn
Oh please stop making promises you won’t keep, Scotland would be delighted
@@Mark-Haddow do you think the Scots can look after Wales as we don't want them !
Why would you get rid of the union, and make the UK even weaker and unable to compete with the US, China, EU, Japan, and other large economies?
The markets want to decide the next government again! This is ridiculous! Where is the BoE
The markets only ever just want to make money.
No this is genuine. Liz had a plan these clowns have a magic money tree.
@@1ForTheShieldz Liz did have a plan and her plan was loco. She was literally playing roulette with the British economy. She literally said this herself when she said the deficit in the budget would be paid by future growth. Of course "future growth" is guesswork and a total gamble. This is what spooked the markets. It wasn't that Liz didn't have a plan it was that her plan was completely barmy.
I feel sorry for Labour, just got into power and the ECB and European banks stop lending, China is having huge economic problems, America has certainty issues with Trump. The world is providing some serious headwinds.
Not me, they are the same as the blue Tories, they both keep Scotland as a prisoner
Both Britain and the US will survive and continue to prosper. Unlike with the political and economic systems in China, Russia, Iran, and North Korea, the liberal democracies have peaceful transfers of power and markets that reflect uncertainty in future economic growth.
Anyone seriously surprised!?
This is just tax & spend other people's money - usual Labour. Anyone who voted Labour & expected any different is unbelievably naive.
Would you prefer a continuation of no investment? or more borrowing?
@Joliver42 I'd prefer government reform & smaller state
Vote reform Britain needs real change ❤
@@MCDONALD6969 so less investment then?
@@Lonerstoner512 exactly 💯
Gilts soaring results in borrowing interest rates for the government soaring! This is because the ‘markets’ see no confidence in short or long term growth in the uk. More tax rises on the way from Labour is the result. And they thought Truss was bad!!!
I don’t know who elected these clowns but as an American I’m just happy we got Trump back and our clown show has ended
You are lost mate. You're clown show is just beginning you just wait and see how screwed America is in 4 years
Come back and tell us when that orange nightmare and his bunch of idiots have been in power for a couple of years. Just go away and mind your own business.
you can’t be serious 😂
So so true - I'm pleased the USA has finally got rid of the woke liberal culture.
The UK needs to follow in the USA's footsteps. All this socialist anti growth coalition are doing is making the people who want to get on in life poorer & continue to fund benefit seekers.
Being in business I'm not remotely surprised the UK is in this situation.
🤡🤦♂️🥴
Norway Switzerland and Iceland want closer EU ties. That is a natural group for the UK.
@@unatwomey7112 u.k wants closer ties to itself, it keeps looking at the mirror and seeing 1880!
You can't cut your way to economic growth. If the government doesn't address inequality then the working and middle classes will continue to not have any money to spend.
I will be forever grateful to you, you changed entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Agnes Peterson
How does this trading stuff work? am really interested but I just don't know how to go about it. I heard people really make it huge trading
My journey with her started after my best friend got back from New York and saw me suffering in dept then told me about her and how my life could change through her.
Agnes Peterson is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note!.: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
She's an excellent investment advisor. I was privileged to attend some of her seminars, that's how i started my crypto investment
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Isn't she the same Mrs Agnes Peterson that my neighbors are talking about, she has to be a perfect expect for people to talk about her so well.
The Brexit effect, this is no surprise. It was forecast!
😂😂😂😂
Norway, Switzerland and Iceland looking to get closer to the EU. Britain is a natural ally of all of those countries and the EU.
You utter simpleton. Maybe Germany should join the EU to rescue its industrial armageddon lol
Best thing to do is to join the EU again.
😂
Don’t worry, Rachel from admin is on the job. She knows her stuff.
She knows she's stuffed.
Because Truss had it all sown up did she, yeah right! 🤣
Don't make me laugh!!
The solution is clear: Join the EU and increase the movement of people, goods, services and money.
fr
That ship has sailed
😂😂😂😂
too obvious
Iceland, Switzerland and Norway all considering closer ties.
But i thought brexit was going to make the UK more prosperous 😂
yea mee too mate, people are too busy trying to "take back what what theirs" they dont even have the slightest clue on how world economies work. glad its worked out for them.
We haven't ficking left yet.
Improve productivity in Nhs? Lol. You think nhs is like a machine ? lol. Sounded as if nhs staff is not working hard. I have better idea. Tax on the mega rich like 200k above extra 5%. Including all their bonuses and overtime or any allowance. And then another 5% on those earning over a million especially in the banking and investment sectors. 😂 and then corporation tax should be tiered too. Not a flat rate.
That 'rich' already pay a massively disproportionate amount of tax.
She needs to print, print, print.
Save us Elon. Save us from this Orwellian government
U really think Farage, Robinson aka Stephen Christopher Yaxley-Lennon and Musk have the answers? U are lost!
You are so lost mate
@maneshipocrates He doesnt know what he is on about
@maneshipocratesnobody else has been
Labour are a socialist party so I'm not remotely surprised. I've been clever enough to have never voted Labour through my entire life.
Socialism makes you poorer.
The UK has fallen
One crisis after another, and all of them self-made. The great decline continues....