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In this video we look at the recent problems effecting the UK economy.
0:00 - 1:55 Intro
1:56 - 3:05 Trends.co
3:06 - 4:42 Pandemic and inflation
4:43 - 8:52 Energy crisis
8:53 - 10:25 Lizz Truss budget
10:26 Future outlook
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Email us: Wallstreetmillennial @gmail.com
Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial #liztruss #uk
––––––––––––––––––––––––––––––
Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
––––––––––––––––––––––––––––––
In this video we look at the recent problems effecting the UK economy.
0:00 - 1:55 Intro
1:56 - 3:05 Trends.co
3:06 - 4:42 Pandemic and inflation
4:43 - 8:52 Energy crisis
8:53 - 10:25 Lizz Truss budget
10:26 Future outlook
Sign up to our daily newsletter for free: https://wallstreetmillennial.com/newsletter
Email us: Wallstreetmillennial @gmail.com
Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial #liztruss #uk
––––––––––––––––––––––––––––––
Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
––––––––––––––––––––––––––––––
Politicians never ran a business before so why should they run a country?
Karma is a bitch mate
Well, Import the Third World, Become the Third World
I don’t understand why governments are reactive rather than preventative. They can see these things coming and could mitigate but are always way too late. This must be a product of capitalism. Theres solar and battery technology now that can sustainably substitute oil and natural gas. It’s always the hurtle of initial investment that humanity can’t seem to get past. Its always the question of who is gonna pay for it. Something humanity really needs to figure out when it comes to shifting to newer technologies and other technology becoming obsolete. Obsolete often fights far too long to stay in the game and holds back humanity and for what. Greed.
No mention of the Brexit effect which has reduced exports to their main customer (the EU) and increased import prices from their main supplier (the EU). This is why UK economy is underperforming vs euroland
Despite the economic downturn,I'm so happy☺️.. . I have been earning $ 60,200 returns from my $7,000 investment every 13days….
This new prime minister's face seems so confused and clueless. I wouldn't be surprised if he ends up going the way Liz went.
One of the most economically illiterate videos I have seen for a while.
"They shut down nuclear and coal power plants…"
They fully deserve what happens next.
Governments eventually destroy everything they touch, including the whole civilization.
Dude wasn't just lizz trust this has been happening for the last 12 years same thing massive subsidy for there mates and cutting taxes. Happens everytime there in
3rd option is removing sanctions
UK is dying because people have stopped caring. When you bow up two huge gas pipelines while saying 24/7 that humanity's utmost chalenge is carbon emission, and no one twiches.
UK went woke. 🎃
What a painfully mediocre analysis. Besting = the US has a system that allows pretty much unlimited exploration of any energy type. Hence global warming. But hey it’s OK because short term bills. The US has vast amounts of gas and oil at home in a country 3,000 miles from the nearest peer adversary. The UK has to rely on a mix of its’ own resources that are not cheap (even nuclear fuel has to be imported and wind and tidal rely ob rare Earth metals imported from half way round the world). The damage truss did was down to Johnson trying to be Trump – and both he and Truss tried to be Presidents – ‘my way is the right way and screw the collective government’. Sun am was in charge precisely because we have a Collegiate style of government. Americans can’t remove a guy who foments armed rebellion. I’ll sit here in the UK and watch the 2024 elections. Any predictions from Wall Street Millennial on what will happen re: Russia if Putin’s puppet Trump gets in?
UK will be fine. they can colonize India again.
The UK trusted Russia with their energy needs and they got FUCKED.
good job voting for fantasyland energy gimmicks 🤡You got what you all asked for.
private jet owners pushing the energy hustles laugh at the suckers for believing all the BS. 🤡
Couldn't happen to a more deserving people. Hopefully Germany follows the Brits off the cliff as well.
The UK situation is not anything like your typical EM economy.
– Rule of law
– An educated and skilled populous
– A country that doesn't print money outside of its natural currency
– a place to do business
– resources (encombured by green policy)
The next few years won't be easy because of policy mistakes but seriously, equating the UK economy to that of your typical EM economy is fanciful and misguided but an important question to ask as the press liked to suggest recently.
Good vid, many thanks.
Johnson wasn’t ousted for the parties. He appointed a sexual predator to his government. That was what pushed him out. I normally like your videos but it’s because you don’t tow the party line. Please fact check your videos so you don’t spread BS.
Brexit and 12 years of tories have run the UK into the ground.
As long as electricity is expensive, everything will be expensive.
A bunch of socialist policies driving up government debt and inhibiting economic growth. Completely predictable.
You print money and the price of goods goes up. Who knew?