Sadly with each passing day we can see the impact this awful policy has had on the UK. Tied up in red tape and tariffs with lower GDP than before the pandemic whilst the others in the G7, including Italy, are above. The lower GDP means we do not have the headroom to pay our way in the world and must resort to borrowing.Whilst there are rich people in the UK; a great many of us are poor and now we are poorer still. What steps can we take to generate more income during quantitative adjustment?
@rogerwheelers4322
6 ай бұрын
It is critical for everyone to prioritise investing in a variety of income streams that are independent of the government in light of the ongoing global economic crisis. Investigating stock, gold, silver, and digital currency opportunities is part of this. Despite the difficult economic climate, now is still a good time to think about making these investments.
@joshbarney114
6 ай бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@FabioOdelega876
6 ай бұрын
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@joshbarney114
6 ай бұрын
Finding financial advisors like Natalie Noel Burns who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@FabioOdelega876
6 ай бұрын
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Natalie Noel Burns up and send her a message. You've truly motivated me. God's blessings on you.
@donaldduck5731
Жыл бұрын
Engineers are considered the lowest of the low in the UK, we've completely de-skilled the country, I get contacted by UK agencies for janitor jobs with unblocking toilet skills all the time now. It's crazy really, I've worked so hard, specialised in mechanical engineering, a MechEng degree, worked in robotics/mechatronics design, then went back to University and studied astronautics and space engineering, I now lead the design of robotic spacecraft, ESA, UK space projects etc, however money has always been incredibly tight, very few holidays, old cars, lots of DIY, the only reason I could afford a house is both my parents died early of cancer and I inherited enough money for a deposit. God knows if I will ever get enough money to retire. The big problem is about to come, we have no engineers or scientists,I will go to the US, being offered 4x salaries to what I am on now. The UK is a country of bankers, sales & marketing, middle managers and HR, falling behind in science, technology and high tech manufacturing, surviving only on a credit driven service industry, supported by years of quantitative easing with an unsustainable trade deficit. The UK has been following an identical economic path to Argentina for decades, the outcome is now inevitable, BoE and government can't do anything.
@rambleon2838
Жыл бұрын
Wow, well said! That has been always my impression of the UK since Thacher broke the unions and outscored manufacturing to China and elsewhere. Basically the very same has happened in the US and now the Trump party claims they are the party of workers. How gullible can workers be? I find it kind of ironic to see a young doctor of Indian decent to find himself in a picket line for better pay in the UK. Btw, maybe Brits should put more fiber into their diet, install better plumbing or watch youtube how tos. Just saying.
@mattj905
Жыл бұрын
Completely agree with this, Eng salaries here are an absolute joke. Germany, USA or Australia pay far more. You can earn the salary of an Eng for doing something far less academically demanding, it’s frustrating.
@realfreedom8932
Жыл бұрын
If i had your qualifications i would put the house for sale and dissappear before Christmas, the money is in usa
@jossytm6814
Жыл бұрын
💯💯
@FINSuojeluskunta
Жыл бұрын
In the UK you can only make money if you're leeching off someone else and performing some middle man function. In the US at least engineers are well-compensated.
@michaelmechanics4062
Жыл бұрын
UK and Germany each calling the other The Sick Man of Europe.. 😂
@richarddelanet
Жыл бұрын
Exactly. The Germans have been trying hard to laugh at England for years. I sat through a big extravaganza on Bavarian TV in 2010. They mocked us for losing America in 1783, and what they called "British Left". Total Saturday night auditorium, talk to the audience then the patriots come marching in.. .. .. .. .. No one appeared to think all that might be in the least inapposite with respect to the EU... mmm. Absolutely idiotic!
@objetivista686
Жыл бұрын
Because France is a Sick Lady 😅😅
@ANTGPRO
11 ай бұрын
That’s true 😂
@davidlai399
11 ай бұрын
Both can be true
@EliF-ge5bu
11 ай бұрын
There no rule that only one man can be sick at the same time in Europe.
@AA-hg5fk
11 ай бұрын
Things have been pretty dire economically here in Britain for the last 15 years, real terms wages are still lower than they were before the global financial crash in 2008. Unsurprisingly, Brexit hasn't been the answer to all our problems!
@rustylocks9264
6 ай бұрын
Agree with this. 15 bloody years it's been awful!
@Rochelletrem
10 ай бұрын
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same markt raking in over $200k gains with months, I'm really just confused at this point
@Jessicahensley.
10 ай бұрын
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
@AbdoolLogodesign
10 ай бұрын
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@ilyaveysman.
10 ай бұрын
@@AbdoolLogodesign How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@AbdoolLogodesign
10 ай бұрын
“Julie Anne Hoover" oversees my portfolio, simply do your due diligence. She's an extremely intelligent person, very thoughtful, cautious, and shows a great deal of expertise with over two decade of experience in her line of work.
@ilyaveysman.
10 ай бұрын
@@AbdoolLogodesign I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Julie up and send her a message. You've truly motivated me. God's blessings on you.
@williamcrossan9333
Жыл бұрын
Some pretty interesting economic numbers in the UK. It's interesting to hear of so many who voted for Brexit, because they thought it would lead to much less immigration. Instead, many have experienced great difficulty, and immigration is now highest in history.
@heartthrobheart6288
11 ай бұрын
The current PM comes from immigrant background
@rumcajs009
11 ай бұрын
+600k net immigration in 2022 alone. This country is falling apart.
@Hans-gb4mv
11 ай бұрын
When you cut yourself off from your biggest export market, you know your economy will take a hit.
@gaspode505
11 ай бұрын
Bring more people from outside EUROPE. It is easier to exploit worker on "sponsor visa" 😢 Plus cost up to 15000 to obtain in India or Philippines
@shawnnantoniilourdess1090
11 ай бұрын
Who else is going to work and keep the economy alive the English don’t seem to be capable of doing it
@fabiodeoliveiraribeiro1602
Жыл бұрын
The financialization of the economy produces intense and rapid accumulation of wealth in the hands of a few. But the price of this is the reduction in economic activity, the collapse of the population's consumption power and the unsustainable imbalance in prices, causing both popular reaction and uncertainty that slows down investment. At the base of the problem is neoliberalism and its predominance demanded by the ultra-rich and influential financial elite.
@kingofhearts3185
Жыл бұрын
@mikes4142You don't. You keep sinking until you try something else.
@saltymonke3682
Жыл бұрын
Neoliberalism???? 😂😂😂😂😂 more lack of it
@garryferrington811
Жыл бұрын
The UK is done.
@leoprg5330
Жыл бұрын
@mikes4142creating more predictible stable environment for businesses, maybe introducing more socialistic policies, more protectionist policies, returning from globalism back to localism. In case of UK investing more into innovation..?
@kayedal-haddad
Жыл бұрын
What would you do to reform the system?
@hersdera
11 ай бұрын
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
@nicolasbenson009
11 ай бұрын
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
@nicolasbenson009
11 ай бұрын
My advisor is 'Margaret Johnson Arndt'. In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience
@FggDfg-yk4by
11 ай бұрын
I disagree
@lukestanier398
10 ай бұрын
sell the stok and go and do wot you have always wanted to do the uk is dun its just a big ghetto now and will only get worse
@Marcuscangussu13
Жыл бұрын
As a non European it is interesting to see how British publication called German Economy 'sick man of europe' forgetting how bad its own economy is terrible. Now DW brings to all how UK economy is trumbly.
@Memovox
Жыл бұрын
Sure sure, but still: Germany is the sick man Ukraine is the drowning man America is the massively indebted man Halløj from Denmark.
@Marcuscangussu13
Жыл бұрын
@karinedlund6154 Would you allow me to say, there is poverty in Europe but it is not a poor coninent. I have lived in Europe for more than an year
@stevencharnock9271
Жыл бұрын
Have a look at the German economy, it is pretty dire. This report is made for their home market that is locked into Brussels. Just a matter of time until German politicians wake up and move their targets for zero
@valerievankerckhove9325
Жыл бұрын
UK left Europe to join North America,.
@tefky7964
Жыл бұрын
@karinedlund6154 What freedoms do we lack?
@xkolm49
11 ай бұрын
Capital is taxed too little, work (employment income) taxed too much. Companies have way too many advantages relative to their regular employees, this brings even more money in the hands of the capital holders. If you do the same work as an employee or a freelancer, you'll just make so much more money being freelance. Discovered recently that being an employee just simply makes no economic sense. You can't pass inflation to your employer, there is nothing you can deduct from taxes, hourly rate much lower than freelance.
@omarkabha6218
11 ай бұрын
😅😅😅😅😅😅
@arentyr
11 ай бұрын
@xkolm49 When you talk about “freelancing”, you should try actually talking with some self-employed and small businesses in the UK. It is terrible (hence why so MANY small businesses have gone under in last 2-3 years), and the idea that you pay less tax overall is laughable. Sole traders/self-employed are too small to benefit from any tax perks, don’t get all of the various company benefits, and the overall tax burden can be just awful. I think you really have in mind various “consultants” and “independent executives” that are associated with offshore/shell companies and financial machinations; totally different thing. Talk to small business/sole-traders across economy today and see how many are really doing well in the current climate. And finally things like mortgages etc are massively hard to get if you’re self-employed, even if you have an established business. Self-employed are still treated very much as second-class citizens in the UK economy.
@clovisdacruz6078
11 ай бұрын
But taxing the rich doesn’t help the common person. It sounds great but in reality nothing really happens. Govt just gets richer and spends money on things that are irrelevant to the poor.
@Medicine91
11 ай бұрын
What drives employee productivity? Capital investment. Taxing capital more is just a short-term play. Spend the money now and pay the debt later with high interest. Capital will flow to area of greatest return, so you get less money now and less productivity in the near future. Lose/lose.
@jeisselima
11 ай бұрын
@@arentyrI own a small UK based company and at this point we are barely surviving. We are taxed insane amounts and I have lost most of my European clients. Most of my friends have shifted their business to Poland and unfortunately at some point I will have to do the same but I can't bring myself let the people I employ jobless. I am afraid it will become a me or they situation.
@michaeltelemachus5112
Жыл бұрын
How can you lose control when you never had it in the first place?
@bugsygoo
Жыл бұрын
Didn't I hear something about 'taking back control' in 2016?
@michaeltelemachus5112
Жыл бұрын
@@bugsygoo It takes more than just bold words; the government has never acted on the opportunity which opened up then. They are a terrible shower of incompetents.
@nanucit
Жыл бұрын
@@bugsygoo😂
@bugsygoo
Жыл бұрын
@@michaeltelemachus5112 Yeah, putting up trade barriers to a massive, rich economy on your doorstep just screams opportunity. But, yes, I know that the all of the Brexit ideologues were a bunch of incompetents--or deluded incompetents.
@nothereandthereanywhere
11 ай бұрын
@@michaeltelemachus5112 Or as someone else would say - if the solution you have implemented hasn't fixed the issue, the issue you have tried to fix wasn't an issue in the first place.
@moriahgamesdev
Жыл бұрын
'There's a lot of wealth but not in the lower end of the income' Thanks Bergit I didn't know that. I thought the poor had all the money.
@SamWilkinsonn
11 ай бұрын
I know what you're saying is tongue-in-cheek, but it's a very important factor that not enough people realise. Wealth disparity is widening and has been for decades.
@eskimo4130
11 ай бұрын
Probably because it's spoke about in riddles.@@SamWilkinsonn
@Jablicek
11 ай бұрын
My reading is that she was saying, quietly, that the only people who benefitting from Brexit were those who were telling people to vote for it.
@juniorolumide
11 ай бұрын
@@JablicekThis is what the news needs to cover more, instead they are more focused on telling you that people who is a much worse situation than the average English man is the biggest problem you have, and not the fact that 1% of your population holds 70% of the nation's wealth while the working class doesn't even hold 10% of it.
@martinlund7987
11 ай бұрын
You are missing a pretty crucial point.... Here the point is that the high Gini coefficient of the UK versus e.g. the EU contributes to lower productivity growth. The lower end of the income scale are only poor people if there is high socital wealth differential (high Gini-index). Because the UK is a very unequal society (e.g. by northern European standards), lower income quartile/quintile does equal poverty. That is not necessarily the case elsewhere. Poverty alignes with worse educational, health etc. outcomes for the following generation(s), and is hence a drag factor for productivity growth.
@EliF-ge5bu
Жыл бұрын
The UK hasn’t really recovered from the global financial crisis.
@DreamyCheshire-up9rf
Жыл бұрын
Yet, it dared to sanction Russia ?
@Murray-wk3hz
Жыл бұрын
Yes
@EdgarDebruin-ti8gi
Жыл бұрын
it never will
@RealUlrichLeland
Жыл бұрын
The economy definitely recovered, it's just that in 13 years the Tory government has never properly relieved the practice of austerity. Most of the current unrest largely isn't because of the economy doing badly over the last couple of years it's because public institutions like the NHS, school system and utilities networks have for years been allowed to be pillaged by private companies or to be funded the bare minimum by the government.
@mattyneary7223
Жыл бұрын
Torys fault. They see the problem but go about fixing it the wrong way
@322dawgg
10 ай бұрын
After a massive rally in stocks came and yields collapsed, bond yields and the major averages are higher on Wednesday. How do we deal with such market conditions? Typically my $2m worth of holdings go up 8% then lose 20% right after and the cycle continues.
@loud9090
10 ай бұрын
Investors embracing the idea that abruptly cooling inflation will put interest rate hikes on ice. During recessions your dividend gains or income reduces. Speaking to a certified market strategist can help with navigating this downturn.
@Marthas-r4c
10 ай бұрын
True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
@user-3456rtu
10 ай бұрын
My partner recently hinted on going in the same direction, What did you invest in? Who is the advisor that guides you?
@Marthas-r4c
10 ай бұрын
I personally have my portfolio overseen by California-based wealth advisor and fixed income strategist at that ’Nicole Desiree Simon’ well established and you'd find her professional bio on the net If you look her up, i'd suggest you do this and let me know what you think.
@user-3456rtu
10 ай бұрын
Thank you for this tip, I must say, Nicole appears to be quite knowledgeable. After coming across her web page, I went through her resume and I must say, it was quite impressive. I reached out and scheduled a call.
@eleanorsmith2558
11 ай бұрын
TBH, UK might need Jeremy C. Nationalising certain industries (e.g. infrastructure) will make long-term investment easier and make the planing and business less profit driven.
@susannnico
Жыл бұрын
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
@lailaalfaddil7389
Жыл бұрын
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
@raymonddixon7603
11 ай бұрын
You are on the wrong forum. This is aimed at the ordinary working person. You are talking about gambling on the stock exchange, which is reprehensible in itself.
@casslane3932
11 ай бұрын
ah scams dont listen to any "experts" especialy online
@Mynyddcleans
10 ай бұрын
I personally couldn’t care less about the environment if families right now can’t afford food in one of the richest countries then spending billions on green projects and HS2 is insane
@toughercoot0518
11 ай бұрын
Thing about certainty is that it shouldn’t just be reserved for big businesses. Especially when it comes to ‘democracy’.
@mbarker_lng
11 ай бұрын
Here in the US (East Coast) everything has gone up as well, but for some reason I find the cost of construction materials the most jarring. It was not long ago where basic 2x4s were quite cheap (around 2$ each) along with many other materials so the biggest investment to a simple project was your time. Not so now! Those same boards are 5$ each and its all multiplication; 25 boards here or 40 there. And of course you can replace "boards" with "just about everything else" in terms of price hike.
@jaymcgann6637
11 ай бұрын
Transportation costs are way up due to the price of diesel.
@albertopiergiorgi5980
10 ай бұрын
Everyone thought ( and still thinks) that wealth can come from multiplying money in hedge funds and not from ordinary, decent work and production - so we have the results.
@aliancemd
Жыл бұрын
3:17 “unemployment has risen … bank’s books that’s a positive” - translation for people not holding shares: that means more people won’t be able to afford things, like food, which would reduce the inflation prices on food(less demand, lower prices), instead of the alternative which is to raise salaries which would reduce shareholder profit margins on their investments(banks make most of their money on these same investments).
@realfreedom8932
Жыл бұрын
When Unemployment is seen as a positive you know that the world is upside down
@aliancemd
Жыл бұрын
@@realfreedom8932 This idea of fighting inflation and especially food prices inflation by making people dirt poor to not be able to afford it, kind of came out of US and seems to be very popular with investors
@harleyquinn8202
Жыл бұрын
@@aliancemd Fight obesity with inflation 😀
@TheBlackManMythLegend
Жыл бұрын
thanks for translating the system in plain english it's a straigth dog eat dog world. not nice.
@ladymorwendaebrethil-feani4031
Жыл бұрын
Welcome to capitalism.
@joetan2653
11 ай бұрын
"NO MAN IS AN ISLAND " a famous quote but was very true.
@jbloun911
11 ай бұрын
Well apparently they are and a small one 🦐 at that
@edwardharris5301
11 ай бұрын
@@jbloun911 actually we're quite large .. got 60 million people living on it which iis larger than Spain, Portugal, Denmark. Ireland .. Belgium , Austria... it goes on
@jbloun911
11 ай бұрын
@@edwardharris5301 🤏
@Infernal_Elf
Жыл бұрын
i just visited London and most things are as expensive as Norway now especially if u consider Currency difference. Wich is insane considering Norway's gdp per capita is double that of the UK
@eskimo4130
11 ай бұрын
London is the most expensive place in UK by huge amount. Why compare a city to a country :S
@MrHighRaw
11 ай бұрын
My guess is that he visited London and not the rest of the UK? This is an anecdotal comparison not a statistical fact.
@Infernal_Elf
11 ай бұрын
@@eskimo4130 The costs of Things in Grocery stores are the same all over Norway i guess its the same in Uk also :D bought some stuff at Tesco. but eating out is more expensive in London than smaller UK cities for shure. Tesco seems to be generally cheaper 10-20% than Norwegian grocery store tho. Looking at the bill again.
@eskimo4130
11 ай бұрын
@@Infernal_Elf You guess?
@RafaquaQuetta
11 ай бұрын
@@MrHighRaw oh...sweetie. Food and clothes aren't much cheaper in Llandudno than London and rent has followed the trend of the capital albeit to a lesser ratio.
@thomasjamison2050
10 ай бұрын
The UK has definitely not lost control of it's economy. That's why it's in the dumper. Brexit was all about keeping control and that has worked out that way. It's just that it was all a very bad choice that will most likely just go from bad to worse for some time to come, but the UK is firmly in control and there is no one else to blame for the fiasco.
@thebrowns5337
10 ай бұрын
True. The Tories are in control but are doing what they always do - taking our money and making the rich richer.
@khtan585
Жыл бұрын
No point gloating at Brexit UK, the sick man of Europe, Germany, is facing a gloomier outlook with no prospect of cheap energy and accelerating deindustrialisation.
@rafelpipe
11 ай бұрын
I really like the concrete and clear way Kay Neufeld express his views and ideas. Congratulations!
@frauic
Жыл бұрын
How much did UK spend on the King's Coronation? One may think it's still 1023!
@odynith9356
11 ай бұрын
It’s the adjustable mortgage rates that’s killing you guys. You need to have fixed mortgage rates so you have have the same payments thru thick or thin. The fact that a mortgage can increase 1000 pounds bc inflation goes thru a high period is insane, of course people are losing houses. That’s why it was banned here in the US. People like security, that their rate won’t change despite the state of the economy. If anything refinancing can make it go down.
@NTL578
11 ай бұрын
You're exactly right.
@worldking5441
5 ай бұрын
Houses should be excluded from rate rises. why should I as a house owner be punished because the economy is not doing well
@paulgerg6879
10 ай бұрын
I was very surprised that this lasted so long as a news piece. Surely all it required was for a reporter to ask the question in the title to some expert and that expert then just reply, "Yes! Unequivocally yes!"
@whitecrowg1
Жыл бұрын
Germany has been in reccesion since last winter . Young germans want leave Germany we need 18 million new workers in gemany . The car industry is struggling power prices are alful. Its not like things in Germany are good.
@williamthompson4389
11 ай бұрын
The current UK Government has totally destroyed this country's economic performance. I just hope the Electorate will realise, having witnessed the failures of both the 2 major, traditional parties they should carefully consider the strategy of the REFORM UK Party which in theory should address all the major issues we are all now facing.
@riverraven7359
11 ай бұрын
Constant policy changing since 2008 has removed confidence of foreign investors in the UK, also mass immigration as well as allowing non resident foreigners to buy housing as an investment has crushed our property sector making it unaffordable for poor natives. Not to mention the lack of political will to deal with problems rather than pass the blame!
@Interactive-gp8xf
Жыл бұрын
Why DW is making such assumptions? Looks like unfriendly kick in England’s butt. Let England speak on their own, make assumptions about Germany’s own economy😡👎🏼
@sayitasitis100
Жыл бұрын
Millions of Britains awaiting hospital treatment, 15 million living in poverty including 5 million children, huge explosion in food bank use, millions in in-work poverty, renters and buyers in a crisis people experiencing both eviction and repossession, wages especially in the public sector way below rates of inflation, no money for doctors, nurses, consultants, plenty of money for Ukraine !!
@Ролтун
Жыл бұрын
The West hoped to break up Russia through the war with Ukraine, put its clowns in each district and become great again and pump resources. But something went wrong. The elites have degraded and insidiousness is no longer so insidious
@ontheslide2339
Жыл бұрын
relative poverty... poverty is a redundant term in developed countries...
@seanrm
Жыл бұрын
You forgot the lawless streets and all the polluted rivers and beaches.
@garryferrington811
11 ай бұрын
Strange that you voted for this.
@sayitasitis100
11 ай бұрын
@@garryferrington811 I didn’t though but I pay the price for those that did.
@charliex2896
Жыл бұрын
BriExit sure backfired spectacularly.
@graveperil2169
Жыл бұрын
no its going fine
@christianmccann9400
Жыл бұрын
@@graveperil2169for who .. what tax bracket?
@graveperil2169
Жыл бұрын
@@christianmccann9400 mine
@PMMagro
Жыл бұрын
For whom? @@graveperil2169
@PMMagro
Жыл бұрын
Norway, Iceland and Switzerland are doing good outside the EU. But the UK is in flux, a state of "wait and see" ever since 2016. They could co-operate with the EU like theese three (individual agreement) but for intrenal British politcla reasons (Madness?) They are still arguning wheter they should have done Brexit 2016 or not...
@smashingturnips5353
11 ай бұрын
Great channel. It is Funny hearing germans speaking better english than a lot of us brits.
@austin12ascot
Жыл бұрын
Huh. A German news channel suggesting that Britain's economy is struggling, when the German economy has crashed through the floor! Broadcast a feature about how the kingpin of the EU has gone bust.
@rollerrollerichson6258
Жыл бұрын
Germanys economy has growen continuously. UKs GDP 2023 is nearly the same like 2019. UKs national debt is 100% equivalent of its GDP. Germanys is 60%. Forecasts say, in 2024 Germanys economic grows will be recovered.
@robhersey1796
11 ай бұрын
Exactly the same thing going on in Canada. Disgusting.
@Spartan-jg4bf
11 ай бұрын
And today's news it turns out that the UK out grew France and Germany 😂😂
@tomalmow3814
Жыл бұрын
The same question for Germany 😂😂😂
@maartenaalsmeer
Жыл бұрын
OECD: Germany GDP 2023 -0.2%. UK +0.3%. Euro area +0.6%. Forecast 2024 by OECD: UK GDP +0.8%. Germany +0.9%. Euro area +1.1%. You're welcome. Fact-checking is not that hard.
@richarddelanet
Жыл бұрын
Always the same. Class sizes, exam results, school buildings etc etc. That's just the Spiegel.
@sarcasmo57
Жыл бұрын
The rich people are fine, better than ever. Sucks to be poor though.
@willyhill7509
11 ай бұрын
Growth latest figures (August 23), EU 0.4%, Uk 0.4%, Germany -0.7% Maybe the UK has lost control but so has Germany and quite a few other EU countries.
@Haryad-11
11 ай бұрын
Every civilization has a downfall
@willyhill7509
11 ай бұрын
Yep. the West is in a steep terminal decline and barring some unforseen drastic changes it's all over.
@c46236
11 ай бұрын
Concern about UK economic state is like being concerned that an obesse had to trim its meals.
@rogerwilco2
11 ай бұрын
The UK needs to either join the EU or NAFTA to get out of these problems. Lowering standards, removing regulations and investment in the local economy do not work otherwise. The UK needs a big market to export its products and services to. It also needs to produce more at home, especially food and raw materials to get a positive import-export balance.
@bluesteel1
11 ай бұрын
The UK is not ready to compromise. Thats why they havent signed a FTA of any significance so far.
@imastaycool
11 ай бұрын
Britain is no longer welcome back.
@Hadihadi-wr8mt
11 ай бұрын
The problem are : uk already out from EU once and to back again is hard unless UK ready to downgrade their deal...something that I think UK will not do that. Same with NAFTA, The problem is UK are too close with US, it will make other member worried that UK will use this relationship for their advantages
@imastaycool
11 ай бұрын
@@Hadihadi-wr8mt the Brits won't accept the euro
@LoukisAristodemou
10 ай бұрын
THE BRITS WILL HAVE TO ACCEPT THEY ARE NOT IMPORTANT ANY MORE...
@lonamark3842
Жыл бұрын
Uk left EU saying they are spending a lot. The schools here are old, no investments, smelling like mold. Where they take the money, cannot understand.
@leopardtiger1022
11 ай бұрын
Governments worldwide must limit profit margin capitalists can make to 5%of invested capital. 2. Curtail uncontrolled capitalism. 3. Find out how much is personal wealth 9f the rich people. And set a limit on an individual can amass wealth. Distribute generated wealth to workers as more wages. Simply using interest rate as tool to control inflation will not work.
@jimmason1072
11 ай бұрын
Anyone see all those employees at 1:35.....😮.....eventually those workers will also have to by the cars 😂
@harmonizedigital.
11 ай бұрын
They pay IT admins 12.50 an hour here. Its not hard to figure out that low pay is the problem.
@Anon1370
11 ай бұрын
And americans have the cheek to moan about their i.t jobs not making enough money huh 😅
@tomwaller6893
11 ай бұрын
Less UK and more England please. Scotland voted 62% to remain inside the EU. Leave a light on for us as we divorce England and apply to join the EU as soon as we can.
@terryjacob8169
Жыл бұрын
Not as much as Germany's.......
@PMMagro
10 ай бұрын
The UK has had such issues for a very long time. Productivity is low and they seem to rely on short term "quick fixes". The education system, housing market etc are very long term. The complete unpreparness for an energy crises is typical. Only after it is devastating is someone reacting. How about a plan?
@vincenthuying98
11 ай бұрын
In the end economic growth will be considered synonymous with inflation. Governments are indeed the main cause in price hikes, just to inflate their economic growth rates. Not at all beneficial to any of our wallets!
@kevinsmith-pt6rg
11 ай бұрын
Are those castor bean plants in the background (it's the source of Ricin)? Can't grow weed, but castor bean is OK?
@realfreedom8932
Жыл бұрын
The next 12 months will be worse than 2008
@toyotaprius79
Жыл бұрын
Austerity and starving the people and putting them against one another. The Great British way
@susan7527
Жыл бұрын
Nothing will beat 1986/7 and the coldest winter since the 60's.
@Memovox
Жыл бұрын
@@toyotaprius79 "??? Are we no-one to you..?" -Klaus Schwab & Co.
@Lando-kx6so
Жыл бұрын
I highly doubt it
@Lando-kx6so
Жыл бұрын
@@toyotaprius79not working anymore since the majority of people are against the tories
@lunaskye621
10 ай бұрын
I’m honestly unsurprised Green energy measures are being rolled back. Here in the UK, myself and my own family included, are struggling to heat our homes due to rising energy cost. Renewable sources of energy like wind just is not efficient enough and coupled with the uk leaving the energy zone, costs have risen further. It isn’t a good situation and pressing consumers harden with green measures will only exacerbate an already shrinking economy.
@windible
11 ай бұрын
I'm in a different country but I've noticed that this year all of the prices have gone up by 30% on many different things including food
@DreamyCheshire-up9rf
11 ай бұрын
All thanks to USA for rising interest rates, again and again which affected the global financial market in 2022/3. Also, NATO/EU economic sanctions and robberies caused a whipping backlash from Russia. Not to mention of USA on-going economic wars with China.
@rettro6578
11 ай бұрын
You left out the glaringly vital causes of extreme money printing as the world economy stopped to a grinding halt, using covid psy op as an excuse.@@DreamyCheshire-up9rf
@stevenhull5025
11 ай бұрын
Depends what you eat.
@anthonyfaucy2761
11 ай бұрын
Buy less stuff. Inflation can't affect you if you stop or reduce your consumerism
@activekitchen1
10 ай бұрын
Can you put links to the fertilisers you use?
@pac1fic055
11 ай бұрын
Certain businesses are not looking for “guidance”, but state subsidies at taxpayers’ expense.
@Miguelmora-mx8ji
9 ай бұрын
The world economy is a DISASTER.😮😮😮😮😮😮😮😮 From CHILE.
@sebastiendelavy5848
11 ай бұрын
the economy is out of control everywhere in UE
@alicianieto2822
11 ай бұрын
Sadly. Germany and the troika poisoned the well, by sacking the periphery, and now we are all dying slowly
@BicycleFunk
11 ай бұрын
Man, this economists' non-solution of more growth being the only path forward is frustrating.
@madelinemccann9864
11 ай бұрын
Things are better than ever in the UK - this guy is complaining about a 8% pay rise says it all. The mainstream media is becoming farcical, I was in the south of France recently and it felt like I had got off the plane in downtown Lagos
@stevenhull5025
11 ай бұрын
I got off a plane at Manchester airport and headed to the Midlands. I thought I was travelling through Pakistan.
@traviswes7082
11 ай бұрын
America's economy is in shambles also. I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.
@PhilipMurray251
11 ай бұрын
Do you have a 401k? you should contribute to your retirement diligently, or better still look into financial planning
@tommychestnut5335
11 ай бұрын
Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time... I'm 50 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once, I consulted an advisor to stay afloat and with subsequent investments, I'm only 15% short of $1m as of today.
@instinctively_awesome8283
11 ай бұрын
I find this interesting. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
@tommychestnut5335
11 ай бұрын
My adviser is "Debra Ella Nicholas". She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@Robertgriffinne
11 ай бұрын
Thanks for sharing this, I just looked her up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@NTL578
11 ай бұрын
Is this the normal standard of discourse in German media? I've got to say I'm impressed.
@Monkehrawrrr
11 ай бұрын
DW News is actually amazing, I am jealous af
@santiagovasquez1404
10 ай бұрын
just like in the us the small percentage have the most and the larger percentage are in a really big line hoping it pays off for them..
@martinsingfield
Жыл бұрын
Rubbish! The UK's inflation rate, economic growth rate and unemployment rate are all within one and half percentage points of the average EU rates. Inflation is a little higher (+0.5%) in the UK, growth (-1.0%) and unemployment (-1.5%) are a little lower in the UK this year. Growth was also higher in the UK in 2021 & 2022. UK manufactured more than France in 2021 and total exports were only c.10% lower than in Japan. The pushback re some climate change targets (but not the commitment to net zero) is mirrored in the EU.
@seanrm
Жыл бұрын
What is the UK exporting? More precisely, what is the UK exporting that is made by UK-owned companies?
@martinsingfield
Жыл бұрын
@@seanrm The proportion of foreign owned businesses in the UK at c. 28% is only a little higher than that of the EU at c. 25%. If I were an EU citizen I'd be much more worried about the significant, secular problems facing the EU, like it's demographic collapse, rather than whether the UK has a slightly lower economic growth rate in a particular year.
@seanrm
Жыл бұрын
@@martinsingfield I'm not worried about any of those things - I live in Japan. But I was genuinely interested in what, exactly, the UK was manufacturing & exporting. I don't think I have a single thing in my house that was made by a British company, and I doubt that any of my Japanese friends and aquaintances have anything, either.
@martinsingfield
Жыл бұрын
@@seanrm In 2022 the UK was the World's 5th largest exporter, ahead of Japan and virtually identical to France (which beat the UK by only 0.4%). The UK was also the World's 2nd largest exporter of services. The UK's main exports of goods are cars, gas turbines, oil, pharmaceuticals, refined oil products, aircraft parts. If you live in Japan then you wouldn't notice that these types of items were made in the UK. You might also assume that many Japanese brands were made in Japan, whereas they are probably made in China.
@mcarlsson74
11 ай бұрын
Good points Martin. Also, I find that people are totally unaware that most companies on the German DAX exchange are foreign-owned. People try to use completely irrelevant 1970s-era arguments. @@martinsingfield
@6teeth318
11 ай бұрын
Higher pay = higher inflation. They get it wrong. The more money pumped in the higher the prices will get.
@mack-uv6gn
Жыл бұрын
The elites better wake up, they can’t have it all.
@stereomtl9001
11 ай бұрын
Germany: Hold my beer ....
@danielschauffer8216
11 ай бұрын
I like how news channels on both sides point fingers and laugh at each others failing economies when really we are all going in the same directions.
@pierrewave7235
11 ай бұрын
same direction(down)
@iddrisuganiwu4670
10 ай бұрын
True, the whole continent is going on the same direction.
@MrLoobu
11 ай бұрын
Here in Canada, it's to the point that if any food is under 3$, I just buy it because it's cheaper than usual. Even a single piece of fruit or veg. 1 kilo table salt 7.99, 12 eggs 5.50, 1lb butter 8.99, 1 bell pepper 2.50, 8 rolls of asswipe (grown and made 100 kilometers down the road) 10.99.
@CamperDurgesh
Жыл бұрын
If you are from the UK and having a tough time paying rent, just make a KZitem video saying something positive about India, 999999 people will appreciate your work and help you become a successful blogger!! Trust me, I am from India.
@outerspace8158
Жыл бұрын
KZitemrs are actually unproductive people. Become Farmer still better for their country
@Xcelcior6780
Жыл бұрын
True😂
@Q_QQ_Q
Жыл бұрын
Doesn't pay . Indian viewers= 0 money . If UK kick out foreigners may help
@CamperDurgesh
Жыл бұрын
@@Q_QQ_Q LMAO! Internet is cheap in India. Unlimited 5G Wi-Fi for 28 days cost 5.76£
@leonardocolossi2270
Жыл бұрын
@@CamperDurgesh dont humiliate yourself, man. Especially owards british people.
@williamlee9669
Жыл бұрын
Dude sounds like he knew what he was talking about. Impressive if the interview was impromptu.
@lifes-entertainment2484
Жыл бұрын
I would love to know where this comes from! I drive around in England and the UK and I can't see any evidence that wr are any worse off than any other period In my life! I hate this constant comparison with other countries! If you haven't realised that we are all in it together reality then where have you been all you're life! I mean seriously! You're only ad good as you're weakest component! Grow up and wake up
@joso7228
Жыл бұрын
Stop driving and try walking around the city centres.
@ontheslide2339
Жыл бұрын
they're thirsting for evidence that the UK was wrong to leave the EU... they're obsessed with it... 🤣
@andrewwalsh2755
Жыл бұрын
There are now people begging in the streets... There are now people living out of vehicles... There's too many people... and they just keep coming... it can't end well.
@graveperil2169
Жыл бұрын
they are likely taking their guidance from the BBC
@garryferrington811
11 ай бұрын
Blah, blah, blah. 🥱
@albertopiergiorgi5980
10 ай бұрын
What a bummer, poor Brits.... And after all, the City was supposed to be the "world's financial center" giving great prosperity to the Isles as the Brexiters' fairy tales told....
@Attwood182
Жыл бұрын
As someone living in the U.K. I really haven’t noticed any difference to my standards of living apart from things being more expensive in supermarkets and high fuel prices but isn’t that synonymous to all western countries at the moment?
@annov7500
Жыл бұрын
Maybe you are part of Sunak family...
@MaxTheLazyCat
Жыл бұрын
no everything is becoming more expensive at an unsustainable rate, my parents own a business and the ingredients they buy in bulk increased massively in 2022 q4 and this year, although prices are getting lower it isn't good that small business and people who are very susceptible to price changes such as people with mortgages who can't really pay it right now due to the interest rates are losing money quickly. Because we're all going to have less disposable income due to paying more, the economy will slow and we will also be poorer in real terms, if wages don't increase. I can't wait till labour come into power.
@DreamyCheshire-up9rf
Жыл бұрын
@@MaxTheLazyCat As such, is your parent going to increase the employees wages ?
@DreamyCheshire-up9rf
Жыл бұрын
Damn, you're rich.
@NT-to3fd
Жыл бұрын
You’re probably in te higher income part of society, the gap between you and those who are struggling is getting greater. This further destabilizes society.
@peterdawson2384
8 ай бұрын
Anyone worried about energy costs can hedge by buying Shell , BP or Centrica.
@StenellaFr
10 ай бұрын
UK economy is not in chaos, it still has strong banking sector.
@Richard-y5u
3 ай бұрын
U.K. has been sinking for almost 20 years, austerity and Brexit the final nails.
@FreeSpeech1959
11 ай бұрын
We're performing a bit better than Germany but that's not saying much!
@vallabhiezhilarasan5642
11 ай бұрын
I am an Indian citizen studying in UK right now. I believe a solid leadership could change the course of UK's future. It is not because of lack skills, but it is just a transitional phase from which people should come out successfully. Such situation by itself would raise a strong leader, is that you?
@anthonyfaucy2761
11 ай бұрын
You are Indian and have no right to decide what is good for the UK
@AlbertWick88
10 ай бұрын
Strong leadership and colonize again territories? because that is why UK was economically strong before xD
@peligraso
11 ай бұрын
Theresa May once said this: "Once we have left the EU, we will be fully in control of who comes here. It will no longer be the case that EU nationals, regardless of the skills or experience they have to offer, can jump the queue ahead of engineers from Sydney or software developers from Delhi". However the illegal immigration has been more than pre-Brexit at the moment. She's one of the politicians who's responsible of this mess. They all need to be called to account now!
@arlenehutchinson9259
11 ай бұрын
You are worried about immigration...and MANY citizens are worried about eating and heating not to mention health. Immigration was a red herring tossed to the crowd as a distraction of the real intent and interest behind Brexit. As always follow the money and it's certainly not in any "boat people's " pocket.
@user-or1ce7ez5w
11 ай бұрын
Don't forget breeding Boris
@mcarlsson74
11 ай бұрын
Brits wanted out of the EU anyway. Just another non-Brit who completely fails to understand.
@peligraso
11 ай бұрын
@@mcarlsson74 probably you're still living in your pre-brexit matrix and in denial
@Pecisk
Жыл бұрын
Also as someone who lived in UK until last year reason of high inflation in UK is quite simple - runaway profeteering. Due of lack of any reasonable price control, and dismantling of few consumer agencies they had, companies are allowed to steamroll over citizenship without any concern. Of course, few of them actually have savings to burn, but that is short term thinking which pushes more wealth to wealthy elite. Of course, current political leadership is this wealthy elite, so it is all good in their books. I expect inflation to pick up again due of rising fuel costs for winter. Let's pray for climate heating to deliver warm winter.
@alastairwallace6153
11 ай бұрын
The wealthy elite including farage pushed this and profited from it.. now average UK citizen is suffering and half of us voted no to leave
@thenaturalhuman9568
11 ай бұрын
Of course it is only due to the wealthy, It has nothing to do with green energy and sanctions LOL
@robertsmith5744
Жыл бұрын
Place the "king" into Pubic Housing.
@jhrusa8125
Жыл бұрын
Germany better worry about itself.
@DreamyCheshire-up9rf
Жыл бұрын
Yeah. USA deindustralized Germany. USA bombed Germany gas pipelines. USA spied on Germany chancellor. Germany better worry about itself.
@Wiers75q
Жыл бұрын
Sunak is getting richer, so Britain is getting poorer. Sunak and the UK are inherently different worlds.😢
@gems8167
Жыл бұрын
Lol you blame anyone except yourselves for the elitists you place in power.
@amanverma7033
Жыл бұрын
Sunak was already a millionaire and his wife is already a billionaire
@Wiers75q
Жыл бұрын
@@amanverma7033 But her wife had no tax to British before the Hindu vampire Sunak was in power. It can only say that the British deserve it since they chose this kind of stuff.
@silencemeviolateme6076
Жыл бұрын
He was getting poorer at some point?
@Q_QQ_Q
Жыл бұрын
Should have ended bbgraghmin quota .
@BobNicole_
10 ай бұрын
Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.
@Roseline-rw1kr
10 ай бұрын
As a beginner investor, it's essential for you to have a mentor to keep you accountable 🤷. Myself I'm guided by Mrs Natalie Brunell, a widely known crypto consultant 💪
@ZaireNormack
10 ай бұрын
@@Roseline-rw1krWow!! Kind of in shock, you mentioned Mrs. Natalie she has proved beyond all doubt that it's worth generating wealth from crypto investment. I've been earning greatly
@EdwardJacob-ol7lo
10 ай бұрын
Alright thanks for the recommendation, but how do I reach her?
@AnthonyAva
10 ай бұрын
She’s active with this 👇
@LisaRomero.
10 ай бұрын
Okay please can I get the info
@garryferrington811
Жыл бұрын
No, they haven't lost control. The tories wanted to wreck it, and they have. Job well done.
@frankyyaggabot6222
Жыл бұрын
That's the intractable problem you have when you've got historically one party that can't run anything and the other that has lost all the people that could.
@Laurentiu866
11 ай бұрын
Birmingham just announced this bankruptcy for different reasons, higher taxes, and benefits cuts
@MP-mr8rj
11 ай бұрын
It’s a real contrast driving around the UK today, parts of it look like 3rd world counties yet other parts are booming! I always use construction as a barometer and TBH it’s hard to drive a few miles without seeing some form of construction! Make of that what you will!
@Architectofawesome
Жыл бұрын
It's okay everything is on fire just a little bit.
@gustaafpeeters6173
Жыл бұрын
It won't be so bad with the situation in the UK. They still have money left over to sponsor a war that is not theirs.
@joso7228
Жыл бұрын
Putin is everybodys problem
@graveperil2169
Жыл бұрын
we have to keep our spirits up and and watching Russian tank turrets explode is fun
@garryferrington811
11 ай бұрын
Putin for an open window 2024! 😅
@mcarlsson74
11 ай бұрын
If you're from Sweden or the Netherlands, your own ruling class is part of the conspiracy. Own that, and do something about it.
@dianabraley8307
11 ай бұрын
Same thing in the US. How can two countries do exactly the same thing in their economy if it’s not a concerted and planned effort. Same interest rates hike- and same unaffordable housing, same inflation.
@Alibo400
11 ай бұрын
Exactly, and people still think it’s because of Brexit , the western world is being brought to its knees on purpose
@Anon1370
11 ай бұрын
Yep its funny how we end up with same problems but you still have higher wages and better houses going for you
@hschsc1300
10 ай бұрын
The US has these problems, but not to the same extent (at least outside the Deep South).
@seb6177
Жыл бұрын
Broken Britain 😂
@kevoreilly6557
Жыл бұрын
Broke Britain
@NaseerAhmad-ty4ds
10 ай бұрын
"Things have been pretty dire economically here for the past FIFTEEN YEARS" someone has posted below. Make that SIXTY years and you will get a much better understanding why the UK is now in a free fall. It will also answer the question at the top of the clip. You betrayed your working class...I keep saying this...the class that produces the wealth and prosperity...
@ross8474
11 ай бұрын
No but I know Germany’s has lost control now
@AndrzejLondyn
9 ай бұрын
Mr Rishi Sunak has invested over 700 millions dollars in vaccine company Moderna. The corruption in the UK is unprecedented.
@AlexAlex-vn2dz
Жыл бұрын
Don’t worry Uk, DW is just as bitchy about France. It seems everyone is in chaos apart from Germany 😂
@OllieX123
Жыл бұрын
DW literally put out a video a couple weeks ago referring to Germany as the Sick Man of Europe….
@AlexAlex-vn2dz
Жыл бұрын
Well there can’t be two then!
@mcarlsson74
11 ай бұрын
DW just hows how bullying German authority figures can be, when they feel comfortable they can get away with it. Very revealing and also disturbing. @@AlexAlex-vn2dz
@user-xl7zx1vm2n
10 ай бұрын
An increasingly dysfunctional country in fast decline on the fringes of Europe. What a sad sight to see.
@PsychoAMVproduction
Жыл бұрын
the problem is UK allows the investors and landlord to speculate on the price of house....We don't have this problem in Thailand
@dudududuFthetories
Жыл бұрын
In Denmark a four bedroom house with front and back garden costs £500 a month to rent. Minimum wage is £20 an hour in Denmark. Denmark does not allow foreign investors to speculate on their housing market.
@wendywolfman
Жыл бұрын
@@dudududuFthetoriesso based.
@Exxperiment626
Жыл бұрын
@@dudududuFthetoriesGood luck finding affordable rent in Danish cities.
@nothereandthereanywhere
11 ай бұрын
@@Exxperiment626 The price of £500 a month is actually AFFORDABLE! I live in UK and I pay more for a room(not a house!)
@marcoac-sx6lq
11 ай бұрын
@dudududuFthetories maybe in the countryside among the cows
@chapsnaps1
11 ай бұрын
No it isn't. Britain is performing better than Germany.
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