You are mistaken, education no longer has value because of artificial intelligence, get up to speed 👍
@TheMushybees4 сағат бұрын
19:59 has it ever occurred to any of you that perhaps it is not government that should be borrowing, investing etc and that what is needed is not short term economic management by the state but rather a reduction in the size and scope of the state, with a corresponding reduction in taxation, and the resulting long term planning by individuals, who benefit by getting it right and go out of business when they get it wrong?
@nohopeequalsnofear324211 сағат бұрын
Western civilization has been ruined by uncontrolled illegal immigration. London is not the place he describes. It's a crime infested city. It's no place to live. I'm in silicon valley, and we suffer homeless, drug addicts, and crime too.
@richardcoppack535711 сағат бұрын
Martin Wolf should be in government.
@aanakrukavi22 сағат бұрын
Britain sucked India bone dry for 200 years and still use terms like "Commonwealth" 😂
@krishnanunnimadathil81423 сағат бұрын
I think what Martin was saying was that that is all water under the bridge. Cannot hark back to that for future relations. And neither should India.
@aanakrukaviСағат бұрын
@krishnanunnimadathil8142 As a fellow Keralite Tharoor said Forgive but not forget.
@stephanejourdren3668Күн бұрын
😂
@garynass2033Күн бұрын
Grace come to South Africa for the best surf, best beaches, best vibe, I'll even give you a couple of free surf lessons. SA is ground zero for great change, we need you this side. I wrote a brand new model called Social Egalitarian Ecocapitalism (SEE) our team would love your insights? Best Regards, Leo Lentz. Founder, CEO, Young Custodians NPO.
@specialized500Күн бұрын
Who imports most african food ? i think the Eu countries are near the top of the list.
@derekwhyle1884Күн бұрын
We lost our manufacturing and became a service economy. The Thatcher legacy.
@christopherspavins9250Күн бұрын
McVities' digestive biscuits have disappeared from Canadian shops. English cheese is almost not available. Thank you, Mr and Mrs Brexit.
@Lawrence4000-s3k14 сағат бұрын
UK cheese exports are at a near record high, though. Up 7% last year, apparently. We still run a huge trade deficit in cheese so am not sure why we're exporting but that's how modern economies appear to work. Great, that means more digestive biscuits for us :-)
@jorgegomez524Күн бұрын
Besides rolls Royce jet motors, what else Britain produces that “the world wants”? What is he talking about?
@Lawrence4000-s3k14 сағат бұрын
TV and music are pretty good. And football isn't too bad. Education does very well, too. Business services he mentioned and that sells a lot. We certainly don't manufacture what we did but in a world with China in it I;m not sure manufacturing is where we want to be.
@richardcoppack535711 сағат бұрын
We are pretty good at pharmaceuticals
@BallyBoy95Күн бұрын
My God this man is arrogant and insufferable. Might want to rename this KZbin channel to Business With Bullsh-t.
@RichPoberКүн бұрын
The UK will go bankrupt eventually, slowly and then all of a sudden , like in the 1970s when it had to be bailed out by the IMF.
@RichPoberКүн бұрын
1:22:00 We will not be able to provide good income for enough of our population. 1 in 6 (15%) of our population has an IQ of less than 85, which means they are untrainable and thus cannot participate in our evermore cognitively complex knowledge economy. When we automate away our last remaining labour-intensive industries and professions, then we will see even more social problems. Autonomous transport, factory-built construction, law and medicine will all be impacted over the coming decades. Unless politicians and policymakers recognise the looming societal upheaval that the UK is heading towards, and that they cannot tax their way out of this dilemma, then they will just be compounding the forthcoming problems in store for us.
@Lawrence4000-s3k14 сағат бұрын
Presumably every society will have a similar proportion of people with low IQ so that doesn't account for our relative decline. I don't know the answer but we've definitively know the present political class doesn't know so we're in trouble!
@junehope5152Күн бұрын
Take your money and run to the US run this country is finished 55% and you can’t even see a GP
@Sun-diverКүн бұрын
Why are people who wear masks so dumb? They typically have the worst opinions.
@EffoeBagala2 күн бұрын
Don’t get it
@srini90832 күн бұрын
Btc as payment is being built
@1943colin2 күн бұрын
Nothing went wrong. ALL 'superpowers fall in the end.
@izbavitelj14642 күн бұрын
In 10 years you will be gastarbeiters around the world.
@ianwray53413 күн бұрын
A few responses to this fascinating talk First the overwhelming numbers in the pro Brexit vote came form the home counties and south west. It wasn't a protest from the northern poor Second until Cameron got in we had a the basics of a reginal structure with around six regions with government offices, regional economic plans and regional development agencies. The Tories demolished it all. We need to get back to where we once came from. Third you will find I think that Singapore is not a piratical haven of buccaneers and its success has a great dela to do with state planning for housing, transport, education and much else
@markmcnulty7736Күн бұрын
Very important point about the Leave vote. The myth that it was the left-behind/North/ignorant poor who made Brexit happen has not been properly dispelled. Right-wing libertarians totally ignorant about Singapore - also a good point.
@Lawrence4000-s3k14 сағат бұрын
@@markmcnulty7736 It surprises me that the Remain camp managed to get 48%, tbh. The UK has nearly always been a Eurocentric country and trying to sell the EU isn't easy. Prof. Vernan Bogdanor on here has some pretty good lectures about it (he's some sort of constitutional expert).
@markmcnulty773610 сағат бұрын
@@Lawrence4000-s3k I disagree. Eurocentric? In what way? Britain had a massive Empire (not in Europe) which has long gone, but its presence in the collective memory is strong enough that the Leave campaign could exploit people's misconceptions about modern Britain and its place in the world. It was wrong of them to do this and the decision was a mistake, but how it happened is understandable. Martin Wolf touches on this in the video here.
@xtc2v3 күн бұрын
Germany had an advantage over Britain after the war. Germany didn't fund any military so could concentrate its resources on developing civilian production. Britain (like the US today) was thinking it should/could rule the world
@jacobjorgenson9285Күн бұрын
The Germans are always far superior engineers and organisers
@Lawrence4000-s3k14 сағат бұрын
@@jacobjorgenson9285 That's not true., though Look at WW2 and the famed German engineering that was mostly awful (their aero-engines were mostly defective and their tanks over-engineered ('any fool can build a bridge that doesn't fall down; it takes an engineer to build one that almost doesn't fall down' . And their general organisation was simply terrible. It was in the interests of the winners to increase their own glory by hyping the opponent but it wasn't accurate.
@xtc2v3 күн бұрын
British politicians don't know how business works nor do they care
@rwhite99583 күн бұрын
Too much interruption, let the man speak. Frustrating sorry.
@gerhardtmuller74393 күн бұрын
2 different topics. If Europe loses control of the world market we're stuffed.
@gardengnome24093 күн бұрын
I wouldn’t buy food that’s been handled by Africans.
@maxthemagition3 күн бұрын
The Market is God and everything will be done to protect it. This is why London is booming. It’s the economy stupid as the saying goes and the economy is the Global Market where money makes money from money and from nothing else. Everything hinges on growth and the Markets. Elon Musk recognises this and his endeavours made him a ‘pied piper’ where millions follow him and investing in him pushing shares prices to new highs with ridiculous P/E ratios. The 2008 financial crash was saved by printing money and IOUs and dishing it out for FREE at near ZERO % interest rates. The result is huge DEBT and WEALTH. The wealth held by the few whilst the debt is held by the many. A financial crash is inevitable and the only tool left to prevent it is the printing machine. The USA is in deep trouble as $Trillions now need to be printed every few months to keep the game (like monopoly) going. Every time the DEBT grows and grows. The question is, how long can this go on for before it all comes crashing down.
@peterwright70253 күн бұрын
another moron
@JohnnyinMN3 күн бұрын
Identity crisis? Why is that? Britain is considered a failed state internationally.
@Mar-sz2ug3 күн бұрын
Crypto is basically a stock without a company to back it up. It value is always based on a countrys monetary system.
@mindcache56503 күн бұрын
AI can create anything. AI can do finance. In the hands of the USA.
@geordiemilbourne43503 күн бұрын
These guys have no clue. Haters. They definitely don't own any bitcoin. Hahaha
@matthewdaley21353 күн бұрын
Goodness Martin Wolf is clever. Fascinating thank you all
@trytellingthetruth.20683 күн бұрын
The EU export fake milk to Africa, which causes serious problems for small independent dairy farmers.
@tropics84073 күн бұрын
Continuing to look to government will continue to fail. Your government is actively suppressing economic activity 🤦♂️
@Sean-p3o3 күн бұрын
I’d also add that American finance controls 30% of the British Economy This suppresses British home attempts to grow new businesses
@simonc5133 күн бұрын
Man doesn’t take a breath! Won’t even allow a question to get asked 😂😂
@Mario-jh2ry3 күн бұрын
UK was overtake by US after second world war. Some of the elites went with the Yankees and some who felt exploited or believed in a different ideology Marx and Engels went with Russia. Hard-working Englishmen were left alone. This was the greatest betrayal of the English people in history.
@GodsOwnPrototype3 күн бұрын
On the issue of UBI, it's obviously terrible but what you could do is give Skill & Qualification stipends commesurate with a social value measure (some market feedback mechanism still needed) - which works whether you can play grade 2 piano Mozart, compound essential medicines, plumb in a sink, rebuild & tune an engine, do a backflip, recite the details of the periodic table, or a great written cultural work of run a marathon etc. Money for nothing is always a recipe for disaster.
@dannyhayes76313 күн бұрын
I’m not investing for the world. You think the big players in the market are investing for “the world”? Christ
@Phil-n7c3 күн бұрын
Unemployment is not low if you're unemployed on £393 a month universal credit. We've got 1.7 million registered unemployed and a further 1 million unemployed but not claiming because the Job Centre is a hassle or they have too many savings. A lot of the 2.8 million off sick I'm sure are people in deindustrialised areas are really people who have given up finding work or whose health has suffered as a consequence I really think people need to think again about this. We wouldn't have more foodbanks than McDonalds if we had actual "low" unemployment
@Sean-p3o3 күн бұрын
Also what type of jobs are on offer
@GodsOwnPrototype3 күн бұрын
@bwblondon 58:05 After just talking about the media's duty of care to not divide people over controversial issues & report properly you then 58:05 repeat the canard that people concerned about the impact of immigration focus their blame on immigrants - when their main focus of it is on treacherous, subversive & lazy power elites committing to managed decline in all areas. I agree with all your other general points in this episode, (& most in others), but I'd appreciate some due dilligence being done on this one. & on the issue of cost of the past half quater centuries' immigration policies, the University of Amsterdam recently put out the result of a 4 year study on the financial impact of immigration on the Netherlands between 1995 & 2019 that showed a net cost of €400 Billion. Slim chance it's wildly different in the UK - should we ever be shown all the figures. Immigration didn't need to result in what it has, it could have been done sensibly & only broughr benefits - instead we have plumetting social trust, spiraling debt & the children of English (white British) families will become a minority in the English schooling system within 10years by their own reported student body ethnic data. (The English to become a minorty in England in mere few decades & all Britons in the Isles - not just the UK - by around mid century). I like most people have no issue with honourable guests of foreign extraction themselves, but I do with those who aren't honourable & the impact of undemocratic demographic policies on my heritage & the destruction & those who enacted, continue & defend them.
@Phil-n7c4 күн бұрын
It was Thatcher who destroyed Local Government and centralised the British state. While there were problems with the economy and industrial relations in the 70s, for her to taking a wrecking ball to the whole thing purely for the sake of political power was insane. All those skilled people thrown on the scrap heap... all the oil money squandered... Just look at where the various privatisations have left us: Thames Water may yet do for Martin's wonderful London. It really could get that serious. Part of the problem we've got is the political Right are increasingly like libertarian jihadists. They have a fanatical hatred for public services and a blind belief in private enterprise. The Left meanwhile get led up blind alleys and lack confidence. There's nothing wrong with trial and error. The Chinese have studied what the West did and then tried things bit by bit. Their weakness is their love of money which has led to the property bubble.
@kevinrobb864 күн бұрын
Europe has dinosaurs running their countries and none more so than the UK , look at the US new administration Musk, Vance, Vivek are all young men that have a tech background and understanding of that side of things the UK has nothing but dinosaurs working off whiteboards with marker pens with zero understanding of the tech world while universities turn out idiots that cant even grasp basic biology where the likes of China turn out high IQ students that can't get a job so to get on in life they are left delivering food in order to live while Europe allows low IQ slaves to drive wages down but as usual we get these fools that still long for the Empire telling us that GB is still a force on the world stage while Germanys economy slowly crumbles due to their reliance on Russian gas to drive their industrial base along with closing down their nuclear power stations to rely on windmills and solar while operating opencast mines to export that coal to South America as subsidised Chinese EVs kill their car industry
@iansinclair89054 күн бұрын
Quite right Our government unfortunately think that they are planning for the long term Reeves and Starmer are both extremely conventional people who have swallowed their own propoganda
@ishmael25864 күн бұрын
I think the only growth for Britain is more brown people, more Muslims and more mosques + battery farm + cheap labour = low wage, halal chicken n chip shop utopia whoooooo 🎉
@AngelaBee_134 күн бұрын
What about the impact of the super rich buying up the assets and living on passive income. Even the government cant compete now.
@anthonyferris89124 күн бұрын
Romes fall from super power...what went wrong? Spain's fall from superpower...what went wrong? France's fall from superpower...what went wrong? Holland's.....
@paulcarter49454 күн бұрын
It went woke - obsession with diversity - pathetic leadership around our education systems. been marginalised and diluted over decades
@Sean-p3o4 күн бұрын
Britain wrecked itself by fighting wars it couldn’t afford in the first half of the 20th Century America is doing the same thing in this Century Col Macgregor Ret
@derekwhyle18846 сағат бұрын
@@Sean-p3o if Britain hadn’t have fought one of those wars it , like the rest of Europe and North Africa, would have been under Nazi control for the last 80 years. We couldn’t afford not to fight.
@Sean-p3o4 күн бұрын
Failure to invest in industry 1914-19 and Mismanaged Imperial Decline while being Delusion about our status The End