The UK has serious economic issues, serious social issues and serious cultural issues - no wonder the markets have no faith. The public might have been fooled by ' our Rachel from accounts' but the traders can see through her sham.
Do you really believe the public is fooled by her and this Labour government? Everybody I know thinks they're both a complete disaster and they'll trash the economy.
The UK was in a bad state before Labour and even if the Tories were in power they would have had to also raise taxes and cut public spending to cover their unfunded promises and black hole. The IFS said as much before the election.
Just to be clear, the tories are crap, but this is labour's making. Reeves has hit the laffer curve and limits to debt sustainability - Labour have increased public spending in numerous ways, so they'll need to own this mess.
This is what happens when you appoint people who have no private business experience. They truly believe that the public sector is the answer. We have experienced and continue to experience a massive shift from private to public sector. Buy precious metals and invest in se Asia. This is what I am doing and have been doing for several years now. I continue with this strategy with a view to live in Malaysia this year.
I mean....the simple fact is we (the world) let politicians and experts decide that our economic system should be one where they can spend tomorrows money today. Maybe made sense when debt was small and cheap and returns in the future were predictable, especially with population growth. But obviously we now have mountains of debt, a hollowed middle class, a small percentage of very wealthy asset owners whove been rescued by this systems need to stop itself collapsing due to this continued cycle, and a youth who have entered this society with no chance of mobility, barely liveable wages, no real prospects of having their grandparents life, and to rub salt in, paying for the previous generations lifestyle (and both their own retirement and all those old folks, includng some who live in 3 million dollar property they view from that of a peasant). Nice!
@@Andygb78 Reform had an uncosted manifesto in the General Election in which they promised spending without any clarity on WHERE the money would be coming from
The UK is in a serious trouble economically an soon politically as well ( in large extent already in), that's why investors pricing UK bonds as they do.
For 45 years gold was supposed to go down when interest rates fell because the economy was about to be “stimulated” into strength. Recently, though, polite company has understood (finally) that stimulus doesn’t do anything except stimulate. Sugar high, then inflation.
Unfortunately, I’m sorry to say that it does not matter whether it’s labour, conservative, reform or green. The country is divided and it is bankrupt. The amount of Debt that the ‘independent BOE’ took on during Covid has destroyed the lives and livelihoods of us all. They have increased the money supply to such an extent that they need to raise rates sufficient enough to quell it but don’t have the cahonas to do it because they want to get reelected. Whether it’s the ‘party of fiscal responsibility’ or the party for the ‘many’ or ‘deport the immigrants that’s the reason’ or ‘ your car needs to be solar powered and green’ otherwise we will die it’s ALL NOISE. They DESTROYED the pound transferred wealth to the ultra ultra wealthy and use everything else to divide and conquer as a consequence don’t think it was ‘planned’ necessarily but that’s just how it transpired. Acceptance is key now. In 40/50 years if I live long enough there will be NO NHS, NO SOCIAL CARE, A WORTHLESS PENSION AND NO BENEFITS we will be back to Victorian England.
I own 2 UK stocks both down double digits while all my US equities are up double digits. Who would’ve thought heavily taxing businesses would make them perform badly and struggle to grow……..
Good luck with the incoming tariffs, isolationism, tax cuts for the rich which will inevitably attract more wealthy elites from abroad, and the labour market gaps left by the deportation of millions of the undocumented underclass, working bottom-of-the-ladder, poorly- paid menial jobs that big business requires. Inflation is going to hit the US big time.
If pound fall it makes exports less expensive. But the ftse has not fallen its just stagnant. No major growth and too many people which isnt a bad thing. But not enough skilled people and cost too much to get skilled then hammered by tax when you work.
Track the difference between the FTSE 100 where most businesses are global and a fall in the pound increases profits made abroad (measured in pounds) versus FTSE 250 where most business is done in the UK and they often import. Watch if they diverge or converge. The last month the 100 is up and the 250 down.
If these lame know -it-alls had reported this a month ago, maybe we'd listen. But this mediocre Johnny-come-lateleys are full of crap. Do the opposite of what they say, and you'll be fine.
It doesn't work that way. Labour can't raise taxes any further, so they will resort to printing more money. By increasing the money supply, they will aim to expand the "sandbox" by bringing more people into the UK. As more money chases the same amount of goods and services, asset prices inevitably rise. They could cut interest rates and "grow the economy" and get more money that way, but they wont.
@ohk749 Central Banks do not print money. You can deposit money with banks so they can increase lending or conduct QE operations. However that will be a problem as the UK is still fighting inflation so that is total contradictory policy. BOE is still right now doing the total opposite with QT, they are selling bonds they own or letting them expire and not renew. What BOE can do is officially announce the end of QT that would release pressure from the bond market, but the UK Treasury can't force them to do that so that might not be an option. In a totalitarian country like Venezuela or Turkey they did force their central banks to pump liquidity to save the Government but in exchange the currancy and economy were badly damaged.
@@drscopeify the government monetised debt (currency printing) via QE to pay for unnecessary health lock downs, over £450 billion which combined with the supply shock gave us runaway inflation (too much money chasing too few goods and services). So governments can use QE to print currency, it's just a different mechanism to QE used to provide bank reserves for lending.
Thanks to Silver Tsunami that won't fall. Affordable housing exists in different areas. Not Londonistan.. now you know who's there supporting Stammer and Khan alike
same labour same borrowing same negatives policys same depressive outlook for the uk same old party no ideas no common scence no way out another election coming soon folks.
The UK is not only in an economic crisis, but also a moral and leadership crisis.😢 send help 🙏
The UK has serious economic issues, serious social issues and serious cultural issues - no wonder the markets have no faith. The public might have been fooled by ' our Rachel from accounts' but the traders can see through her sham.
Do you really believe the public is fooled by her and this Labour government? Everybody I know thinks they're both a complete disaster and they'll trash the economy.
atleast we have diversity.
LSE should promote deregulation for EU companies listing. as a financial hub that's doable..
@@davidphilips5543 france is worse ...
NetZERO over regulations
The UK was in a bad state before Labour and even if the Tories were in power they would have had to also raise taxes and cut public spending to cover their unfunded promises and black hole. The IFS said as much before the election.
*COPE!!!* 😆😂😅🤣
@@RichardKing-sx6xc you should explain WHY or HOW it's cope
Just to be clear, the tories are crap, but this is labour's making. Reeves has hit the laffer curve and limits to debt sustainability - Labour have increased public spending in numerous ways, so they'll need to own this mess.
@@josephmathabela cringe and ghey 😆😂😅🤣
@@mart34 Total agree, these people don't understand basic economic 101. Printing and taxing their way to prosperity is a fool's errant.
This is what happens when you appoint people who have no private business experience. They truly believe that the public sector is the answer. We have experienced and continue to experience a massive shift from private to public sector.
Buy precious metals and invest in se Asia. This is what I am doing and have been doing for several years now. I continue with this strategy with a view to live in Malaysia this year.
Exactly the same in france . Plutocrats everywhere
Lol way too much negativity in the UK and it becomes a self-fulfilling prophecy.
It feels like that's what certain people are banking on
I assume you're longing the pound then, since you know better that this pessimism is unjustified?
We just can't seem to get ourselves going.
I mean....the simple fact is we (the world) let politicians and experts decide that our economic system should be one where they can spend tomorrows money today. Maybe made sense when debt was small and cheap and returns in the future were predictable, especially with population growth. But obviously we now have mountains of debt, a hollowed middle class, a small percentage of very wealthy asset owners whove been rescued by this systems need to stop itself collapsing due to this continued cycle, and a youth who have entered this society with no chance of mobility, barely liveable wages, no real prospects of having their grandparents life, and to rub salt in, paying for the previous generations lifestyle (and both their own retirement and all those old folks, includng some who live in 3 million dollar property they view from that of a peasant). Nice!
Decades of poor decisions have come home to roost. Disaster is imminent without heavy reform.
@@midlifecarsis6420 100%
reform UK.
@@Andygb78 Reform had an uncosted manifesto in the General Election in which they promised spending without any clarity on WHERE the money would be coming from
The UK is in a serious trouble economically an soon politically as well ( in large extent already in), that's why investors pricing UK bonds as they do.
For 45 years gold was supposed to go down when interest rates fell because the economy was about to be “stimulated” into strength. Recently, though, polite company has understood (finally) that stimulus doesn’t do anything except stimulate. Sugar high, then inflation.
Unfortunately, I’m sorry to say that it does not matter whether it’s labour, conservative, reform or green. The country is divided and it is bankrupt. The amount of Debt that the ‘independent BOE’ took on during Covid has destroyed the lives and livelihoods of us all. They have increased the money supply to such an extent that they need to raise rates sufficient enough to quell it but don’t have the cahonas to do it because they want to get reelected. Whether it’s the ‘party of fiscal responsibility’ or the party for the ‘many’ or ‘deport the immigrants that’s the reason’ or ‘ your car needs to be solar powered and green’ otherwise we will die it’s ALL NOISE. They DESTROYED the pound transferred wealth to the ultra ultra wealthy and use everything else to divide and conquer as a consequence don’t think it was ‘planned’ necessarily but that’s just how it transpired. Acceptance is key now. In 40/50 years if I live long enough there will be NO NHS, NO SOCIAL CARE, A WORTHLESS PENSION AND NO BENEFITS we will be back to Victorian England.
Kicking the can down the road was obvious one day will reach the cliffs at Dover
I own 2 UK stocks both down double digits while all my US equities are up double digits. Who would’ve thought heavily taxing businesses would make them perform badly and struggle to grow……..
Good luck with the incoming tariffs, isolationism, tax cuts for the rich which will inevitably attract more wealthy elites from abroad, and the labour market gaps left by the deportation of millions of the undocumented underclass, working bottom-of-the-ladder, poorly- paid menial jobs that big business requires. Inflation is going to hit the US big time.
If pound fall it makes exports less expensive. But the ftse has not fallen its just stagnant. No major growth and too many people which isnt a bad thing. But not enough skilled people and cost too much to get skilled then hammered by tax when you work.
Track the difference between the FTSE 100 where most businesses are global and a fall in the pound increases profits made abroad (measured in pounds) versus FTSE 250 where most business is done in the UK and they often import. Watch if they diverge or converge. The last month the 100 is up and the 250 down.
The £ is getting pounded
This is a real problem xD good luck guys
And the UK is worried about China 😂😂😂
❤Don OLD DUM AZ …Causing this
If central banks are buying gold at record amounts,I'm buying to
The uk is so broken I'm not sure if it can be fixed.
If these lame know -it-alls had reported this a month ago, maybe we'd listen. But this mediocre Johnny-come-lateleys are full of crap. Do the opposite of what they say, and you'll be fine.
I didn't know tizzy was an economic term.
This is why I hold zero Pound denominated assets (apart from my home and the cash in my bank account).
Weaker pound = higher value stocks & shares if they are based on other currencies. Every cloud has a silver lining!
Gold may not do well against the dollar but it looks like it might do well against Sterling.
This interviewee is more interested in using catchy phrases than saying anything of substance.
German economy is collapsing as well.
Yes but you have excellent sausages. Far better than ours, all the best from the U.K.
assets will fall, and inflation will stop. homes become more affordable? how horrible
It doesn't work that way. Labour can't raise taxes any further, so they will resort to printing more money. By increasing the money supply, they will aim to expand the "sandbox" by bringing more people into the UK. As more money chases the same amount of goods and services, asset prices inevitably rise. They could cut interest rates and "grow the economy" and get more money that way, but they wont.
@ohk749 Central Banks do not print money. You can deposit money with banks so they can increase lending or conduct QE operations. However that will be a problem as the UK is still fighting inflation so that is total contradictory policy. BOE is still right now doing the total opposite with QT, they are selling bonds they own or letting them expire and not renew. What BOE can do is officially announce the end of QT that would release pressure from the bond market, but the UK Treasury can't force them to do that so that might not be an option.
In a totalitarian country like Venezuela or Turkey they did force their central banks to pump liquidity to save the Government but in exchange the currancy and economy were badly damaged.
@@drscopeify the government monetised debt (currency printing) via QE to pay for unnecessary health lock downs, over £450 billion which combined with the supply shock gave us runaway inflation (too much money chasing too few goods and services). So governments can use QE to print currency, it's just a different mechanism to QE used to provide bank reserves for lending.
Thanks to Silver Tsunami that won't fall. Affordable housing exists in different areas. Not Londonistan.. now you know who's there supporting Stammer and Khan alike
@@DonLee1980 Houses right now are affordable, compared to future affordability, of that l am certain.
This is what happens when you pay public sector and tax private sector
Too may government regulations in the UK
same labour same borrowing same negatives policys same depressive outlook for the uk same old party no ideas no common scence no way out another election coming soon folks.
@@billybunter5575 this happen under Tory government control. Think for a change, then have a nice nap.
The only massive downturn will be in the stock market and Bitcoin etc.
😂 Trump Enomics ..🐸🐸🐸. 🐷🐷🐷🐷
Brexit!!!
An urgent survival plan for UK is rejoin EU. And for EU is beneficial to accept immediate rejoining. Together - stronger.
😆😂😅🤣
Lust ughhhhhhhh 💷💷💷💷💷
Why do people listen to this stuff? Seriously it’s a wash.
No worries, dear Brits. Trumpolini will just annex you and the Pound will be replaced by the Dollar, as simple as that ! 😂
Not a bad idea in all honesty
get someone who speaks fluent english