It’s a multitude of reasons. Firstly our financial sector doesn’t need to abide by British rule. Plus we currently have the 2nd largest gold reserve in the world, consisting of 74 gold vaults sitting below the Bank of England. Guess being the bankers of Europe counts for a lot. Not to mention the London stock exchange.
I recommend a couple of documentaries for you neal. First one is ‘The spiderweb Britains second empire’. The second one being ‘Gold a journey with Idris Elba’.
91% of our Gross Domestic Product is banking and the largest banking sector is Offshore or to put it another way, finding ways for their customers to NOT pay tax. So the banks are doing nicely but the Government is not because the big earners are not paying tax plus there is a relatively high number of payments for social reasons. Plus there are jobs for the boys aka the creation of meaningless jobs with high pay packets attached largely in the NHS - policy groups, political research groups, massive boards of directors and massive wage bills for people that do not do anything useful and that we do not need.
It’s a load of leftist nonsense. After the UK voted for its independence (aka Brexit) we had more foreign direct investment than France and Germany combined. Everyone wanted to do business here because we speak English which is the common language of the world - if someone from China and France want to do a business deal, it’s negotiated via English translators. We’re in the middle of the Tokyo and Wall Street stock exchanges so our business hours overlap with both each day. Our universities are well regarded. We’ll be just fine and we don’t need a Marxist United States of Europe around our necks to succeed.
@@sunseeker9581 just randomly search Google and take as gospel what it gives me? That’s called confirmation bias and I can see how strong your decision making skills are now that you’ve suggested such a preposterous course of action.
Its just been revealed today that the British economy is now on the verge of bankruptcy.!! Currently, our borrowing debt is at an all-time high. 100% of GDP.!!! So don't believe the hype on Utube.!!!
Still much lower than that of France, Italy, Spain etc, whose debts are much more than 100% of their economy and have been for pretty much the entire 21st century.
This is absolute bollocks. Slice two months off any year and you’ll see a good period. I’ve lived n the UK half my life, and understand economics. Eg - up to 97 Republic of Ireland had a gdp per capita of 80% of the UK, now it’s 120%, and that’s after stripping out the corporate flush through money. UK roads. Schools, health and all social infrastructure is in decline, but a top few percent are twice as wealthy as 8 years ago, but drive n rubbish roads through declining cities. I love this place, gave me work I couldn’t find in Ireland, but the politicians are incapable of telling the truth / better pensions - more tax, better schools more tax. EU countries pay more tax for better social infrastructure - it works. Who wants to be the wealthiest in Staten Island or Alabama, a rising tide helps all - trickle down is a myth. As Chuck D says - don’t believe the hype.
@PeterSymmons : So you are ready to lose your inheritance to Labour. Ready to lose any kind of Disability payments, unemployment payments, ready to lose your Basic Human Rights, happy that 2500 convicted criminals are being let out early just to make room for the perpetrators of Thought Crimes? Hang on, I have a thought..... hhhmmm.... Who made the original video content?
@@Jumpyman_thegamerYT AND HIW TORIES PUT BEDROOM TAX ON ALLLLL THE POOR !!! THE BUDGET HE WILL HIT THE RICH, WE AE ALL IN IT TOGETHER THIS TIME UNLIKE CAMERON'S WE ARE ALL IN IT TOGETHER VERSION,X8 WEEKS AND YOU EXPECT MIRACLES,POOR AND THE RICH HAVE GOT IT TO DO, THE BLOODY RICH WSNT TO LEAVE EVEN THI IF THEY PAY MORE TAX THEY AR STILL VERY RICH, THEY ARE THE ONES ROBBING US NOT LABOUR, 3 TRILLION HAS TO BE PAID IFF IR WE LOSE OUR TRIPLE A RATING THEN WE WILL GO DOWN THE OAN
@@Jumpyman_thegamerYT THEY WONT SUFFER NOT AFTER THE TRIPLE LOCK BUT TELL YOU WHAT THE FICKLE RICH WANT TO LEAVE,THEY OWE THE POOR A LOT,WHY DO YOU THINK YOUR PRICES ARE UP X 4 ?? BECAYSE WE HAVE MIRE GREEDY BILLIONAIRES THAN EVER OVER PRICING ME YOU PENSIONERS, TORIES WRECKED THE DAMN LOT
Don't believe everything on youtube.
It’s a multitude of reasons. Firstly our financial sector doesn’t need to abide by British rule. Plus we currently have the 2nd largest gold reserve in the world, consisting of 74 gold vaults sitting below the Bank of England. Guess being the bankers of Europe counts for a lot. Not to mention the London stock exchange.
I recommend a couple of documentaries for you neal. First one is ‘The spiderweb Britains second empire’. The second one being ‘Gold a journey with Idris Elba’.
91% of our Gross Domestic Product is banking and the largest banking sector is Offshore or to put it another way, finding ways for their customers to NOT pay tax. So the banks are doing nicely but the Government is not because the big earners are not paying tax plus there is a relatively high number of payments for social reasons. Plus there are jobs for the boys aka the creation of meaningless jobs with high pay packets attached largely in the NHS - policy groups, political research groups, massive boards of directors and massive wage bills for people that do not do anything useful and that we do not need.
Yes, it’s doing better but that has nothing to do with the Liebour party. Also, things can change. Let’s hope not!
It’s a load of leftist nonsense. After the UK voted for its independence (aka Brexit) we had more foreign direct investment than France and Germany combined. Everyone wanted to do business here because we speak English which is the common language of the world - if someone from China and France want to do a business deal, it’s negotiated via English translators. We’re in the middle of the Tokyo and Wall Street stock exchanges so our business hours overlap with both each day. Our universities are well regarded.
We’ll be just fine and we don’t need a Marxist United States of Europe around our necks to succeed.
I suggest you google the cost of Brexit and learn why frictionless trade is important
@@sunseeker9581 just randomly search Google and take as gospel what it gives me? That’s called confirmation bias and I can see how strong your decision making skills are now that you’ve suggested such a preposterous course of action.
Its just been revealed today that the British economy is now on the verge of bankruptcy.!!
Currently, our borrowing debt is at an all-time high. 100% of GDP.!!!
So don't believe the hype on Utube.!!!
Still much lower than that of France, Italy, Spain etc, whose debts are much more than 100% of their economy and have been for pretty much the entire 21st century.
I don’t know when this video you’re reacting to was made, but the U.K. economy is doing crap.
The cost of living is expensive.
3 weeks ago, the UK's cost of living rise has been far less than in Australia and the US
@@vtbn53thats simply not true. America is doing far better.
@@vtbn53 total fantasy USA is doing better than UK
not if labour has anything to do with it.
Said by the uk lol
This is absolute bollocks. Slice two months off any year and you’ll see a good period.
I’ve lived n the UK half my life, and understand economics.
Eg - up to 97 Republic of Ireland had a gdp per capita of 80% of the UK, now it’s 120%, and that’s after stripping out the corporate flush through money.
UK roads. Schools, health and all social infrastructure is in decline, but a top few percent are twice as wealthy as 8 years ago, but drive n rubbish roads through declining cities.
I love this place, gave me work I couldn’t find in Ireland, but the politicians are incapable of telling the truth / better pensions - more tax, better schools more tax.
EU countries pay more tax for better social infrastructure - it works.
Who wants to be the wealthiest in Staten Island or Alabama, a rising tide helps all - trickle down is a myth.
As Chuck D says - don’t believe the hype.
this must be old, uk economy is doing terrible
only 3 weeks old.
They take into account that our hotels are full which falsely raises the GDP
Yep, things are better, but let’s wait and see.
@@vtbn53 then simply wrong. We're heading for a recession
@@Roz-y2d modt economists & pointing to a recession
SINCE LABOUR GOT IN AND DOIN THE HARD YARDS ON THE ECONOMY CONFIDENCE FROM THE BUISNESS COMMUNITY ARE COMING BACK
Oh you mean like how Labour cut the winter budget for elderly people?
@PeterSymmons : So you are ready to lose your inheritance to Labour. Ready to lose any kind of Disability payments, unemployment payments, ready to lose your Basic Human Rights, happy that 2500 convicted criminals are being let out early just to make room for the perpetrators of Thought Crimes?
Hang on, I have a thought..... hhhmmm....
Who made the original video content?
@@Jumpyman_thegamerYT AND HIW TORIES PUT BEDROOM TAX ON ALLLLL THE POOR !!! THE BUDGET HE WILL HIT THE RICH, WE AE ALL IN IT TOGETHER THIS TIME UNLIKE CAMERON'S WE ARE ALL IN IT TOGETHER VERSION,X8 WEEKS AND YOU EXPECT MIRACLES,POOR AND THE RICH HAVE GOT IT TO DO, THE BLOODY RICH WSNT TO LEAVE EVEN THI IF THEY PAY MORE TAX THEY AR STILL VERY RICH, THEY ARE THE ONES ROBBING US NOT LABOUR, 3 TRILLION HAS TO BE PAID IFF IR WE LOSE OUR TRIPLE A RATING THEN WE WILL GO DOWN THE OAN
@@Jumpyman_thegamerYT THEY WONT SUFFER NOT AFTER THE TRIPLE LOCK BUT TELL YOU WHAT THE FICKLE RICH WANT TO LEAVE,THEY OWE THE POOR A LOT,WHY DO YOU THINK YOUR PRICES ARE UP X 4 ?? BECAYSE WE HAVE MIRE GREEDY BILLIONAIRES THAN EVER OVER PRICING ME YOU PENSIONERS, TORIES WRECKED THE DAMN LOT
@@Jumpyman_thegamerYT its means tested, why should rich people get winter payments.....