Good summary. I think what people don't understand is that all these issues are caused by even more fundamental reasons. We're in late stage capitalism now, and it will only be downhill from here for everyone.
Thanks for watching, and I agree there is something completely wrong, though I'm not sure where it lies, and maybe through the course of my reading and this channel I will gain a better understanding. Thanks for commenting 👍
@@IPessentials Thanks! I think the real reason behind the decline is the Consumption-Employment-Production triangle. Businesses have natural incentive to make expensive workforce redundant, while ramping up production at the same time. This leads to the situation where there is not nearly enough well-paying work for everyone. Wages fall because of the demand/supply imbalance. Governments respond to that by increasing taxes because these people are still need to be fed. Most government spending in the UK is welfare. High taxes suffocate any economic activity, which is not super efficient and scalable, like small businesses, childcare etc. This makes jobs even less available. And that's how we got where we are.
Imo the UK is paralysed both economically and politically as politicians are unable to solve the current economic situation we're in. The reason the UK and the EU's economies are going into decline is because they have very little to offer other countries by way of trade as many goods are expensive compared to Chinese products. Tourism is the only thing that comes to mind. The UK has priced itself out of many sectors because imo there are too many greedy people in the UK, forcing prices upwards. For example how many Brits own more than one house? Zionist hegemony via the US, UK and EU is losing it's control of the world as many countries around the world are fed up with always bowing down to the west and adhering to western rules. Interesting times as all we are witnessing is the survival of the West's dominance in the world, will they start WWIII? Depends on their desire to maintain world domination and if they do have this desire, they will put boots on the ground in Ukraine.
Thanks a lot for watching and for your comment. I agree that politicians and leaders in many Western countries have no clue what to do, but not all and the Libertarians will have their day before long and we will finally see change, it's coming. 👍
@@IPessentials No politician knows what to do because they all want to maintain western hegemony. They don't want to go to war. They can't build stuff cheaper than China, they have limited access to resources, they are literally screwed. All because they were too greedy to begin with
From what I have read Russia is buying gold and using it to buy weapons, and the BRICS nations have developed a digital exchange called mBridge, and are buying gold to offload dollars to launch their currency. It could all be fake of course, though all the Central banks are monitoring it, except the UK, which is odd. Thanks a lot for watching and your question 👍
Good summary. I think what people don't understand is that all these issues are caused by even more fundamental reasons. We're in late stage capitalism now, and it will only be downhill from here for everyone.
it has nothing to do with capitalism and all to do with socialism. imagine being this brainwashed. you're the reason we're here.
Thanks for watching, and I agree there is something completely wrong, though I'm not sure where it lies, and maybe through the course of my reading and this channel I will gain a better understanding. Thanks for commenting 👍
@@IPessentials Thanks! I think the real reason behind the decline is the Consumption-Employment-Production triangle. Businesses have natural incentive to make expensive workforce redundant, while ramping up production at the same time. This leads to the situation where there is not nearly enough well-paying work for everyone. Wages fall because of the demand/supply imbalance. Governments respond to that by increasing taxes because these people are still need to be fed. Most government spending in the UK is welfare. High taxes suffocate any economic activity, which is not super efficient and scalable, like small businesses, childcare etc. This makes jobs even less available. And that's how we got where we are.
Imo the UK is paralysed both economically and politically as politicians are unable to solve the current economic situation we're in. The reason the UK and the EU's economies are going into decline is because they have very little to offer other countries by way of trade as many goods are expensive compared to Chinese products. Tourism is the only thing that comes to mind. The UK has priced itself out of many sectors because imo there are too many greedy people in the UK, forcing prices upwards. For example how many Brits own more than one house? Zionist hegemony via the US, UK and EU is losing it's control of the world as many countries around the world are fed up with always bowing down to the west and adhering to western rules. Interesting times as all we are witnessing is the survival of the West's dominance in the world, will they start WWIII? Depends on their desire to maintain world domination and if they do have this desire, they will put boots on the ground in Ukraine.
Thanks a lot for watching and for your comment. I agree that politicians and leaders in many Western countries have no clue what to do, but not all and the Libertarians will have their day before long and we will finally see change, it's coming. 👍
@@IPessentials No politician knows what to do because they all want to maintain western hegemony. They don't want to go to war. They can't build stuff cheaper than China, they have limited access to resources, they are literally screwed. All because they were too greedy to begin with
Russia is selling gold not buying.. are u saying brics will gave a digital currency backed by gold ?
From what I have read Russia is buying gold and using it to buy weapons, and the BRICS nations have developed a digital exchange called mBridge, and are buying gold to offload dollars to launch their currency. It could all be fake of course, though all the Central banks are monitoring it, except the UK, which is odd.
Thanks a lot for watching and your question 👍