Added: 3 years ago
From: economicshelp
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  • This is brilliant. I am doing an assignment for business environment and you've really helped me to understand many important factors. Thank you!

  • just wanted to say, I really enjoyed this video. its a good summary of the issue. I was wondering however, in your opinion. do you think different policies from a UK party could have made a difference to the situation? like, could a Conservative government have improved the situation, or was there anything that Labour could have done better?

  • thank you, this gave me a greater understanding of all, and it was very simple to follow. well done!

  • its a falasy the UK workers are Lazy they just have the sense Not to work like slaves But they are Good workers i been working with British workers since i came here 50 years ago they are just been robbed by th rich but unlike usa workers British workers are a lot wiser than us ones n a lot harder to brainwash UNLIKE USA WORKERS as for N sea oil thatcher sold it to the rich same with telecom rairlroads trains theses are Vital to the country can't allow few rich to hold the country to ransom

  • No true see the BBC's excellent we are rich we pay No taxes at the billions the UK is loosing from the rich that avoid taxes n then the workers have to make up the difference they used to get their bonuses paid in Gold sshares next day they sold their shares hip hip horay No tax on their £Millions one bloke paid himself n family 1.2 BILLION not Million N PAID FA TAX cause his wife OWNS all the shares n she lives in monaco all that money belongs to the country no politician dare do a thing

  • many many thanks for your video. it was great help. keep up the great work

  • ur video is amazing ! it reli helps me out.

  • Credit cards for the poor, good interest for the banks. They will never bring the working wage up because the banks and certain people want to keep the average British working person poor. There are us the rats at the bottom and there are the greedy ones who living the high life.Wages are 40 odd years out of date for a reason!

  • ...........And nothing will change!

  • From the 70s industry kept climbing. The banks said to the industry makers of companies don't pay your workers to much money. We will offer them a credit card then they can spend on and it will keep the banks in profit and make them rich. Keep the workers working for pennys and the banks will get richer. The wage system is 40yrs out of date we will have recession after recession. Your life is mapped out by the rich bankers and all the corrupt people in this greedy world. Wake up people

  • To Leamington Steve, good on you sport. Even our postie told us to beware the coming bust 4 years ago. It was obvious to anyone except big-headed dunce politicians and fatcats, like Gordon Brown and Tony Dunce Blair.

  • at raspberry........ Most people I know didnt see it coming either. They were blinded by greed! I have been a social pariah for mentioning this for the last 5 yrs, but now those who attacked my views are waking up slowly.

  • What?

    N Sea HALF WAY through? - where do you get this? your mind/imagination?.

    UK is the 2nd most debted nation on Earth and for its size this is worse than the US. The City of London is now all but finished as the Finance sector will shrink to a dot. Gold has been SOLD by Labour. The $ will collapse and the US Bonds will be WORTHLESS. No mining,agriculture, finance,oil or tourism - the UK will be a 4th world nation in 10 years. The UK WAS PAST 4th biggest economy.5th largest manufacutrer?

  • The UK is fucked - forever.

    North Sea Oil will dry up in 5 years so we will have to IMPORT oil.

    2nd based mainly of Finance in the City - the Meltdown of the Financial Collapse no bank is safe. the Services sector has collapsed FOREVER.

    The UK grows nothing and makes nothing.

    There will be no health,education, law and order as seen - the good old days are gone.

    The £ will collpase before the $

  • Welcome to the Depression! We are in it but the governments of the US & UK are propping it up by printing cash. Eventually it is all going to explode. There will be social unrest, martial law, suspension of the Bill of Rights, good stuff like that. It is the end of the world as we know it ! like REM once sang.

  • Comment removed

  • We should welcome the recession as it means that the bullshit economy is dead and we ay see sense for a few years before the next boom/bust cycle in 20 years.

    I LAUGHED when Gordon Brown promised he'd saved the world from Boom and Bust, because I knew a bust was around the corner 4 years ago.

  • welcome to the recession

  • are we all going to die because our credit has been crunched

  • well i think the house price that were 50 thousand in 1995 which in jan 2007 rose to 300 thousand should fall to about 130 or less but it gonna fall to 150+

  • that may well happen but it won't serve your average first time buyer very well as the banks are stopping lending and they will need 20% plus deposit.

  • yeah yeah i got thst sort of money cash infact

  • That was how you bought a home, 20% down or more. I believe it was in the early 90's that the scam of 0% went into effect. We all now what happened then.......

  • Thank you. A nice informative video. Many experts in the US are predicting a complete collapse of the currency and country. Do you think the same could happen to the pound and the the UK ?

  • My most recent newsletter reports that politicians in the UK are now STRONGLY considering becoming part of the EU, which would do away with the pound and sovereignty.

    Supposedly, this is being discussed at very high levels.

  • I am not hating on the UK, I am sharing what I have read in my financial newsletters. So please do not take any offense.

    In the long-term, the UK is in very serious trouble. The North Sea Oil Fields peaked in 1999 and now you import a large portion of your oil, and you have very little natural resources.

    The UK and EU financed Central and Eastern Europe 45% of their current debt, which is going to be defaulted on. That is still coming.

    The UK housing bubble is just beginning to burst.

  • Hi Guys, Im based in the UK and watching all this doom and gloom stuff on You tube from the american side talking about food storage, does any one think we may be facing the same thing here?

  • Were now looking at a Possible WorldWide Economic Recession,

    very good video, thankyou for sharing,

    cheers

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