Why is the UK the Richest and Poorest of Europe?

[@HindsightYT]

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[@JasperKlijndijk]

Stop selling a scam. You know it is.

[@Lefrancaishonhonho]

@@JasperKlijndijk genuinly, its so disingenuous

[@ryandanngetich2524]

You seriously have a big bias against the UK, this is like another video talking how its poor yet youve never lived there, just shitloading it, many people would still live rather outside London in places like Scotland and Wales than in most places in Europe. BS propaganda

[@1neer5op99]

Don’t invest in masterworks it’s a scam!!

[@Lefrancaishonhonho]

@@1neer5op99 correct

[@jfhucka1]

Please stop pushing scams, your content is good, don’t throw that away with shitty sponsors

[@muffemod]

He lost all credibility trying to scam his audience.

[@martinsava4866]

I think the same, your content is unique, donť waste it for poor sponsors.

[@NuleTV]

Masterwork are actcually decent. But fair point, advertising investments isn't a good look

[@alesh2275]

Japan has a very good tax scheme called “Furusato Nōzei” or “Hometown Tax”. What this does is enable taxpayers to redirect their income taxes away from where they actually live to any tax municipality they like. Tax municipalities compete for taxpayers by offering local products and services for up to 30% of the tax paid. For example, if a Londoner redirects £10000 of his tax payments to municipality A then municipality A can gift the tax payer up to £3000 worth of local cheese. This scheme is such a success in Japan and it’s enabled income tax receipts to be distributed out of Tokyo, the capital. The scheme has also inspired municipalities to put on public relations campaigns to better communicate themselves, their goods/services, and their values, the better to compete against other municipalities for more tax receipts.

[@sergueymelnikov7977]

Thank so much for taking the time to explain this wonderful concept and practice to all of us!

[@spaghettiisyummy.3623]

Japan functions so well.. I wonder how they did it.

[@franwex]

Nice. That could work in countries whose capitals have tremendous influence, such as Korea or Mexico.

[@rosameltrozo5889]

@@spaghettiisyummy.3623 Japan is full of industrious, smart, competent Japanese people... The Uk used to be full of industrious, smart, competent British people

[@AnonymousGuy05]

​@@spaghettiisyummy.3623The work culture of Japan is much different.

[@wiktorkosciuk2283]

Poland is not a developing country. Referring to Poland as a developing country overlooks advancements and the progress it has made since the fall of communism. Poland is recognized as one of the leading economies in Central and Eastern Europe. It is classified as a high-income economy by the World Bank with diverse and industrialized economy. Calling it such is extremly inappropriate and misleading.

[@Nortwin2]

I agree. Poland's manufacture industry is MASSIVE. Polish cities look very modern.

[@JarrodShadowsonng]

For real, the tone of his voice when he said Poland and Slovenia was also 💀💀💀

[@xerogue]

Poland is still poor. 1 pound is what lie 10 PLN?

[@yoland5837]

What industry does Poland lead in?

[@celdur4635]

@@xerogue But its cheaper to buy stuff inside Poland, so to compare Income you also have to use PPP, its not perfect but a better approximation.

[@JasperKlijndijk]

Do not sell me masterwork. You know it is a scam. Some people trust you and will buy a scam because of you

[@provian]

agreed. but in general, all youtube sponsors are scams (ftx, yotta, etc)

[@pixievsp8989]

what do u mean

[@bestgamting]

@@pixievsp8989the ad in the video is a investment website

[@Ridz149]

@@pixievsp8989their sponsor

[@usayeed727]

@@pixievsp8989masterworks don’t lead anyone to make profit from artwork. That isn’t how the artwork industry works. There’s only a small portion of artwork that explode in value you and the majority end up being duds. That’s why it’s a BS investment.

[@alesh2275]

I don’t think comparing the UK to the US makes much sense as the US is a much bigger and diversified economy. The U.S. has 4-5 regions that are engines of economic activity while the UK only has one. Also, labor mobility is very high in the US: if you can’t stomach New York rents you can move to the Midwest and get a good job that you still come out ahead. In the UK once you move out of London your prospects really scale down significantly.

[@oldskoolmusicnostalgia]

One caveat from your very good points is that mobility in the US is also at an all time low.

[@hiphipjorge5755]

​​@@oldskoolmusicnostalgia and that's due to the insane amount the average person has to spend on transportation, healthcare and education. Public transportation is awful so you almost HAVE to buy a vehicle to get anywhere in a reasonable amount of time, education is abysmally expensive unless you're doing a small community college, and our food industry is so toxic while our healthcare is beyond expensive, so most people who inevitably end up sick from our sedentary (see the above about cars) lifestyle and toxic diet end up plunging into some sort of medical debt. We get sucked dry of our pay here, you can make things happen, but getting out of family poverty is definitely tough. Harder than people can really grasp.

[@Anonymous-zu7dh]

​@@hiphipjorge5755 I just get sad looking at the state of US transportation. I've literally seen videos of people driving across the street, because crossing it by foot is dangerous if not impossible. And that is ignoring kids who literally can't or shouldn't drive, looking at you South Dakota and your 14 and 3 months driver's licenses. Meanwhile I have never had to be driven throughout childhood to everyday things like childcare or school (my ride to kindergarten were a bike trailer). The entire city is accessible by bike (~50k municipality population) in a safe manner, I didn't even need to drive to my first proper job the town over. A train departs (then every 2 hours now every hour), once there just walk 1.5km on sidewalks leading anywhere in the city (~7k municipality population).

[@brythonicman3267]

Not true and this vid is devoid of in-depth research. London has the second lowest disposable income in the UK, only Nottingham is worse. Yes there are some very run down regions in the UK, but also there are many more where the average standard of living is way ahead of London, not only that the superior quality of life is on another level. As one example of many, I live in an affluent village 7 miles southwest of the city of Lincoln. Crime is very low, quality restaurants and independent country pubs are in abundance, independent shops (stores) are common place and the local culture creates friendly neighbours and this region is one small example of many. The litmus test is shown in the thousands of Londoners who've chosen to come to live here.

[@brythonicman3267]

@@MrVorpalsword What you been on? I said south west of Lincoln which is 154 miles north of the centre of London 🙄

[@belstar1128]

i noticed that the politicians in the uk are more elitist than in other countries they just seem to not really interact much with average people and are focussed on very random issues like fox hunting and don't take criticism well

[@Mikke-G]

Far right politicians from the UK would be considered leftists in mainland Europe

[@vadwvea7153]

Of course they dont 🤷‍♂They make their money while absolute nutjobs blame migration for their problems

[@oliverwortley3822]

that’s because they all come from the same couple thousand families - the old aristocracy and ‘landed gentry’ that have a bit of old money left, that send their children all to same private, boarding schools, ‘preparatory’ school, elite colleges (like Eton) and then university. And then they network and mix only in their own circles from those that are of their ‘stature’.

[@garycarmichael8432]

I live on the east Kent coast, I can assure you, it’s not rich. There is homelessness, poverty and destitution in many places in the south east of England.

[@RendererEP]

Margate?

[@Lazerfire]

I am just curious but what are the ancestral origin of most of the homeless people in your area?

[@garycarmichael8432]

@@RendererEP close, but not Margate.

[@garycarmichael8432]

@@Lazerfire all different nationalities, it's quite diverse.

[@goblindog2046]

As bad as Sheppey? One of the worst areas in Kent.

[@alesh2275]

It’s the UK’s fault that they deindustrialized and put their focus on the financial sector.

[@maciej9855]

@@alesh2275 first that and now cut off from the biggest trading partner across the channel, if it is not economic suicide dunno what it is. UK should rejoin asap at least in a Norway model to regain access to common market for trade

[@DMD82]

Blame the tories!

[@JohannesC-c9k]

Government policy caused it.

[@ИванСоколов-з7д]

No, the UK is not to blame for this!!! I think it's all about the imperial past of Great Britain, where even then London was named the Capital of the world!!! In this regard, Great Britain is very similar to Russia, also with the imperial past of the Russian Empire and then the USSR, where all wealth, business and influence are concentrated in Moscow, where Moscow is richer, more populous and more influential than London. In my opinion, there is even a smaller gap between London and the province than between Moscow and the province!!!

[@LB-W]

@@DMD82indeed

[@PLuMUK54]

Read some history. London has always dominated the economics of the UK. Even when the great industrial powerhouses of the country were at their height, London was still way ahead. During the 19th century and the first half of the 20th century, the division between rich and poor was horrendous. My grandparents and parents were brought up in poverty. They were employed, but wages were low. My family was not an outlier. They were the norm. This applied to urban and rural areas. Again, my own family included people in the countryside who were, if anything, even more impoverished than their urban relatives. Compared to today, the middle classes were a smaller part of the population, and, in many cases, the lower middle class were economically only a step away from the working class. The country has always been severely divided. The middle classes have always looked down on the lower classes. The worst amongst the population were probably those who had managed to move up within the middle classes. Their attitude was, "If I can do it, then anyone can do it!" Wealth has never been anything but distributed amongst the few. It is often said that the rich get richer and the poor get poorer. However, I would contend that today's rich are not as rich as their peers in even the 1930s. There are probably more rich people, and, on paper, they have untold wealth, but few could match the wealth of years past. Similarly, the question of poverty is difficult. There are people who struggle to put food on the table, but compare them to their peers in past years, there are fewer. Today, a minority lives in poverty. Within living memory, a majority lived in what today we would call absolute poverty. I do not deny that the UK has problems, but it was ever thus. Compared to other countries, the UK does badly. However, in many cases, Britain was at the forefront of economic development, and, as is always the case, they have fallen behind. There are always the newbies on the block who forge ahead at the expense of the more established. There are lots of problems. Too much of the UK is owned by foreign companies. Governments, and not just Conservatives, have made disasterous decisions. The "baby has been thrown out with the bath water!" Major change is required, but the changes would be too painful for those with power, and so, nothing will change.

[@edwardburroughs1489]

What they call 'absolute poverty' rest on many rather subjective measures. There is a housing problem but I wonder what the poor of a century ago would think of the iPhones and hi speed broadband of the poor today.

[@Jeff-q4u]

The problem is that because the infrastructure and services are privately owned, the rich are getting richer by passive income. Interest without taxes mean they make money just by owning something that makes money. The problem is they aren't taxed properly or fairly.

[@philippine6168]

People should remember: poverty is not an accident, a coincidence or an inevitability. It is something which is manufactured by the ruling class.

[@perefeghaandrew8076]

A lot of the millionaires are heirs. Real selfmade millionaires are investors . Sometimes there is something like luck but taking risk and timing included. And you need a some education. To become a millionaire by yourself should not be a goal (depends on country) because its just out of reach

[@terrisewell4729]

You're right, you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..investment is the key that can secure your family future.

[@KleinMoore]

that's why I always urge everyone to start investing somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.

[@Soboj-oy8me]

yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too

[@kappenmann12]

The reason for the disparity in uk is simple. Napoleon was not on the island, so the nobility was not dispossessed and continues to exploit the people.

[@maciej9855]

Property bubble sucked life out of any country, UK especially stifles income growth, mobility, productivity and increases wage gap, assets accumulation in hands of already rich,

[@zteaxon7787]

It is a Juw plantation.

[@illuminati3417]

Just had an argument about this with a friend who wants to move to UK: even though the GDP/Capita is higher, here we pay 4-500 euros for renting a 3 room 2 bedroom apartment, or you can buy a 1 br apartment with 50-60k euros, which for programmers or office workers is doable. I know that life for the average person sucks, but it also does in the UK. There is also another thing, you pay 1M pounds for a house in London and you can't even choose what colour it will be? The weather is worse, I think that in 20-30 years it will be a no brainer to return to Romania, as a lot of people from Spain/Italy did

[@СергейКарпенко-п1в]

much faster than 20-30 years.

[@maxhall2086]

There are multiple places you can move to throughout the UK and with an average office job or even low wages you can live comfortably. Certain places; London, Oxford, Cambridge, Bristol, Brighton are very expensive and housing is a significant percentage of income. But in Liverpool, Leeds, Bradford, Newcastle, Durham, Carlisle, Sheffield, Huddersfield, Hartlepool, Belfast, Cardiff, Swansea, Derby, Glasgow, Inverness, Portsmouth, Manchester, Perth, Middlesbrough, Sunderland etc, property is much cheaper. Even cheaper usually if you move to a town outside the city within commuter distance.

[@GM-ii8gs]

The highest number of non UK born people sleeping rough on the streets in London is Romanian, for every four British people (approx 4200, there is one Romanian sleeping rough approx 1050). We get a lot of people from the Romanian Roma community here stealing, pick pocketing, shoplifting and trying to claim government benefits, they give Romanian people a really bad name and reputation in the UK. If your friend comes best to play down that your Romanian because a lot of people here will not understand the difference between Romanian and Roma.

[@GM-ii8gs]

The highest number of no UK born people sleeping rough on the streets in London is Romanian, for every four British people (approx 4200, there is one Romanian sleeping rough approx 1050). We get a lot of people from the Romanian Roma community here stealing, pick pocketing, shoplifting and trying to claim benefits, they give Romanian people a really bad name and reputation in the UK. If your friend comes best to play down that your Romanian because a lot of people here will not understand the difference between Romanian and Roma.

[@milerale5286]

My first neighbours are Romanian paying £1450 for flat plus bills which comes close to £2k. 2 of them working full time and making about £3800 per month and really struggling and thinking of going back after 10 years here in UK

[@wiktorjachyra1869]

Poland is not a middle income developing country its literally categorized as high income developed since the early 2000s by the world bank.

[@Kmarsden123]

Always one offended pole in every comment section

[@keykey7959]

he's referring to GDP nominal instead of PPP, which is a more fair way to compare nations.

[@Talus-hallux1]

@wiktorjachyra. Sure. What else do you expect from delusional people living in the past but will do everything to twist the truth and continue to compare disparagingly with countries who have overtaken them?

[@Talus-hallux1]

​@Kmarsden123. Because Poland is not what a Brit has seen of it, during WWII! Just because a lot of Poles worked in UK, pre-brexit, doesn't mean much in regards to today's Poland in terms of education, health, poverty and economic data. Population taken as a whole, they are ahead of the UK in many economic parameters! If you've been awake during the vid, the top 8 of the 10 poorest areas in Europe are in UK!

[@Kmarsden123]

@@Talus-hallux1 I don't care mate

[@HawRekem]

UK has over 17,000,000 House Shortages . This is the biggest issue in the UK right now

[@prans_bas]

same with australia and canada

[@johnkay4701]

We have more houses in the UK than ever before - FACT. We do not have a housing shortage; we have an Immigration Surplus! Fact. If the 10 million immigrants that came into the UK over the last 30 years approximately were deported, then we would have a housing surplus on a massive scale & real estate prices would fall back to historic norms. The housing shortage is political & media propaganda & used to mask the true sources of the problems. In case this is censored or deleted; I have yet again saved this into my own Word document, together with the rest of the boobTube censored comments.

[@metalema6]

@@johnkay4701 Pretty much all of my political comments get deleted by youtube. They need to get sued.

[@prans_bas]

@@johnkay4701 britain which ones capture whole world cant even save their own kind of sad

[@johnkay4701]

@@metalema6 BoobTube are definitely complicit in the Agenda inflicted upon the British peoples & indeed most of the 'so called' developed nations.

[@tomp6685]

Germany did it right. Make world-class stuff and export it around the world.

[@catsfan_M]

German economy isn't that great anymore..

[@marktapley7571]

@@catsfan_M Declining birthrate and massive infusion of africans will ruin the German economy and culture.

[@clavel040281]

Not that greag but germany has become the third largest economy lately! Not too bad for a faltering economy right!

[@Truthtellerhere666]

​@@catsfan_Mit is the third strongest economy in the world. If Germany had had the same land area as China or the USA, it would have absolutely the biggest economy in the world.

[@ryandanngetich2524]

@@clavel040281 It didnt become the third because it became better, Japan slipped from third

[@Nellia.20x]

The issue is Greed

[@zteaxon7787]

Juws

[@metalema6]

Semitic greed to be exact

[@papapete5]

Greed has no country

[@elninochin0]

Thatcher was PM from 1979-1990, not 1979-1980.

[@GM-ii8gs]

It's one of many mistakes in this video, for example 85% of people in London do not work in financial services 🤦‍♂️

[@MarkCW]

Even more shocking, as of 2023, the median household wealth in the UK was $396,798 and in the US it was $192,084.

[@leeroy1986]

I dunno, whatever people try in the UK, nothing ever seems to shift. We've been in the EU, outside the EU, low immigration, high immigration. Labour and Conservative governments. Nothing seems to make a difference.

[@ullibowyer]

The top 1% of UK earners make around 180k. Your video says that they make 1700k for every dollar someone in the bottom 90% makes? That's total garbage

[@zteaxon7787]

Not to say that the figure is real but wealth of the top 1% is NOT made by personal income from a job. It is made from investments and passive income. So it doesn'5 show up as regular personal income.

[@avancalledrupert5130]

Thats the minimum to be inside the top one percentile . 0.9% of that 1% earns a hell of allot more. You only need 85k to be top 5% and only need 40k to be in the top 30% But income and wealth arnt directly linked. If you earn 100k but was borne on a council estate you will never catch up to someone making 40k who has generational wealth.

[@richardlinks558]

If you think like that, you are the 90%.

[@JVerschueren]

Ok, so I knew Charleroi (the region you ranked 9th poorest ) was bad, but I still thought they'd be ahead of the bordering regions in Northern France. That's a bit of a shock. Direct concequence of the Walloon region having zero responsibility to balance their budget, of course, but still surprising to me.

[@Bozebo]

Something people miss is doing business anywhere in the UK almost always looks like you're doing at least some business within London.

[@footyball66]

This makes no sense to me. You can get a house in northern parts of Britain quite easily compared to the south because house prices are much lower. Try buying a basic 2 bedroom house in the South East on less than a £60,000 salary..... you will struggle in most parts of the South East. If anything, you are poorer in the South East because most people in the UK earn less than £35,000, which doesn't go as far in the South.

[@carlmaster9690]

Not all of London and the South East is rich!, nore is all of the North and Midlands poor! Yeah, London and the South East get more government money than the rest of the country, but the rest of the country still had its fare share of wealth. In my opinion, the government needs to stop over spending on the South East and start spending the money they get everywhere else in the country!

[@nk53nxg]

Boris said he would rather invest a pound in London than Glasgow or Liverpool, as returns in London are higher. What he failed to say is that for centuries the rest of the island supported London and the South East through the Industrial revolution to the mid 70's. A lot of effort was made to make London and the South East the centre of everything, everything was centralised there due to being drawn there by government initiative after WW2. This had a run away effect where anyone who was anyone or anyone with talent would have to move to London to excel at anything, this drained brains and talent from all the other regions. The other regions North of the divide were ignored and left to rot with non leadership or investment for decades. London is not the UK, it is a parasite that takes away resources to make itself wealthy. I would support London if it was truly a Capital of the whole UK, but it is proven to only be a Capital of itself with its own self interests at heart.

[@johnbuffaloiam9741]

​@@nk53nxgBoris said the northerners are lazy low class people

[@dallysinghson5569]

South east bring more money :D

[@maxhall2086]

@@nk53nxg Back when the midlands and the north had well paid industry jobs and people in the south were working in low paid agricultural jobs there was no concern shown for people in the south. If you lived in the south, you couldn't just head north and get a well paid manufacturing job, the unions wouldn't allow it. They wanted those jobs to go to their sons when they left school, not to southerners. At least now people outside the south can move here for jobs in finance, law, accountancy etc.

[@shaaravguha3760]

Yeah he says london is a quarter of the UKs GDP but it's also like 15% of the UKs population so it's not insane. His comparison with the other countries (taking out largest financial centres to see how it affects gdp) was unfair because those countries would barely see a drop in their populations while the UK would lost 15% of its population without london.

[@MR_BENWAN]

Same case for Italy, Milan does much better than other parts of the country.

[@louplayz752]

You’d be a good partner with Jay Foreman at explaining this.

[@Slumbert]

Living less people in Norway. And they have extreme fund with oil and gas money.

[@garycarmichael8432]

That’s because Norway didn’t sell their assets off like the UK did. Norway had a different mentality.

[@xerogue]

@@garycarmichael8432Norway embraces socialism, you mean. The Uk however, embraced capitalism, sell to the highest bidder! Now look at them, hahahaha.

[@garycarmichael8432]

@@xerogue those Scandinavians are certainly more progressive than us. I think that there is still an element of capitalism within the Norwegian approach, they do want to make money after all. But there is also a more socialist approach of making sure that the population as a whole will benefit from their endeavours, rather than just the rich and well connected.

[@diogorodrigues747]

​@@xerogue"Scandinavian socialism" isn't really socialism but socialdemocracy. And, by the way, Scandinavian countries are probably the most capitalistic countries on Earth, with very diversified economies and good rating on the easyness to do business.

[@celdur4635]

@@xerogue They are extreme capitalist bro. Its in their constitution if a national company has difficulties they let it die. They just almost never had problems because they have very good anti-corruption laws and are very conservative with their money. But they are the freest places on earth to develop businesses. There is 0 socialism in the Nordic Countries.

[@ABCDFGH69]

comparing UK's GDP per capita without London to Spain and Italy is silly if you don't take Madrid and Milan out of theirs

[@abellyold4859]

Masterful Ad Sneak by Masterwork.

[@JasperKlijndijk]

Selling scams should a violation

[@nielskorpel8860]

The way it fit into this video is kinda ugly. "Oh yea things are shit but that's only because groups like masterworks haven't arrived sooner." That was the vibe I got in that moment. ouch.

[@craigjones4121]

Not really.

[@shaneblackwoodGodbless]

New to the UK, we tried to enroll our child in daycare, but due to the high costs, I had to turn down a job because my pay wouldn’t cover the monthly fees. On top of that, they tell you they don’t open until 8 a.m. and close as early as 4 p.m. some days. How is this not a national conversation?

[@Mallerky]

Wage stagnation from cheap foreign labour is very much a national conversation

[@AA-hg5fk]

it is a national conversation, this doesn't mean anything gets done about it though!

[@GM-ii8gs]

​@@Mallerky 100% agreed with you there.

[@JamieBarton-cl7pc]

The UK joined the EEC in 1973, not the EU

[@MrMarkhall1]

When was the UK the richest country on the world? 150 years ago?

[@oliverwortley3822]

only than a hundred years ago, when it was surpassed only by it’s offspring - the united states.

[@pollutingpenguin2146]

The GDP per capita og UK INCLUDING London, is still less than the state of Mississippi.

[@Veronika.D]

50 families got 50% of UK economic?😱😱😱 I can't believe it!

[@northseawolf]

Notice how these videos have all emerged after 14 years of austerity rule? Back in 2007, the UK averaged GDP PC rivalling the USA, on the back of a quarter century of prosperity. Austerity is continuing under labour so this is a problem affecting UK political will and culture across all parties.

[@ffarkasm]

Why is he keep talking about Northern Europe while showing the map of Western Europe?

[@zenitu6914]

The uk is north and west Europe

[@oliverwortley3822]

the UK is guess is both northern europe and western europe.

[@Skelax101]

Did he just call Poland a developing country?

[@АндрійОлексієнко-п3э]

I was surprised too 😧

[@Jose-og909]

It is lol, still getting free money from the EU, infact takes the most amount of money. No investor is investing in Poland. it's the truth whether you agree or not.

[@modyro3560]

@@Jose-og9092023 EU investment: 5,1 billion, total investment 259,25 billion.

[@maxwhitestone6674]

@@Jose-og909 DE, FR, IT, SW, DK, NL work hard to feed pollacks. And they still run to the UK huh

[@GM-ii8gs]

I went to Poland this summer, yeah it's still a developing country.

[@tuskular]

The comparison to Mississippi really isnt adequate when you compare how much cheaper things are in the UK compared to the US, Groceries are half the price, Rent isnt as expensive outside of London, Healthcare isnt bank breaking and you aren't required to own personal transport just to get to work, But it is kind of similar to the US in a sense where we have a consumer problem where people "NEED" to have the Gregs every morning, or Starbucks every afternoon, the next new thing sort of city culture is definitely becoming a major issue.

[@tomaszpiotrowski2990]

It's really sad that whenever talking about gdp countries from central Eastern Europe serves as an example of failure, poverty and are treated with contempt.

[@jirislosr4445]

Czech Republic 3rd highest cost of childcare? Higher than USA and most of the Western European countries? You must be high 😂

[@tommyr7105]

This makes out like if you dont live in London you're visiting food banks. Its quite the opposite. Move out of London and get a job anywhere else and youll be able to afford a home and save. Scotland has some very affordable safe and good places to live where an average salary will give you a home and a good life.

[@stuartgibbons7888]

Yeah like minimum wage land of Devon and Cornwall. Try buying a home here on that! Same applies in many other counties.

[@ittisjartam8913]

I was looking for a proud Brit arguing the facts and numbers.

[@wulfsorenson8859]

Also it’s hard to get decent jobs outside of London.

[@tommyr7105]

@@wulfsorenson8859 No it isn't lol. London people are just in a bubble. My wife and I earn 60k between us and own a 4 bed house in Scotland with a modern car and save 1k a month. Last Saturday we hiked up Ben Vrackie in the sun and had a pub lunch for £20 quid. It's all relative.

[@wulfsorenson8859]

@@tommyr7105 ok boomer 😅

[@edithalbrecht809]

Great content, thanks

[@GM-ii8gs]

It's toss, loads of errors, it should be taken down.

[@GM-ii8gs]

I'm not sure where this guy is getting his facts from in the video and what his agenda is, he's made some factual mistakes, for example in a caption he says that Margaret Thatcher was prime minister for only one year, it was actually 11 years. I've dug into some of the data he's saying, when he says "absolute poverty" the official definition from the House of Commons library report is: "Absolute low income: This refers to people living in households with income below 60% of median income in a base year, usually 2010/11. This measurement is adjusted for inflation". But he shows a homeless person on the street while saying that one fifth of British public live in "absolute poverty", so the way it watches is one fifth of people in the UK live on the street, not the one fifth of people have an income below 60% of the median income, big big difference... I've looked at an Office of National Statistics report it says: "Across English regions and Wales, the highest percentage of people identified as homeless was in London; 24.8% of all people identified as homeless were located in this region (3,460 people). This was 10 percentage points higher than the 14.8% of the population for England and Wales who lived in this region." The population of London is 8.866m so the number of people who are homeless and living on the street or what is called rough sleepers in London is roughly 0.25% of the population, approximately quarter of the UK homeless people live in London so there is less than 14,000 homeless people living on the streets in the UK, out of UK population of 68.8m! That's not one in five... Another report about which countries rough sleepers in London are from says there is more about 7,000 rough sleepers in London, dated 16th Dec 2024 for the years 22/23 in the top three said that there was 4,265 British rough sleepers in London, then 1,031 from Romanian, then 550 from Poland... so not even British... just economic migrants... He says that key infrastructure fell into the hands of very wealthy private individuals, this was not right, the industries were privatised in the 80s but any British adult could buy shares, I did, but a shareholding of more than 25% in a UK company is likely to trigger an investigation by the Competition and Markets Authority. He says that 85% of the residents of London work in financial services, this is laughable, 7.5m people do not work in financial services in London, even if he's confusing the City of London Vs London, the financial centre of London it's still only 36%, this is why someone who's not British (thereby doesn't have local knowledge, and therefore can't step back and realize that some of these things been stated is total bs) and dragging some information out of press clippings off the internet to suit their agenda shouldn't be allowed to post this kind of poorly researched rubbish on the internet.

[@notheotherklaus]

You are spot on with this report.

[@itsoveryoufoundmychannel]

Okay but that thumbnail is a lie as someone who lives in Birmingham you are very wrong

[@stephenvarty191]

London might be the most affluent part of the UK but I wouldn't live there if you gave me a free mansion in Mayfair!

[@MoOluD95]

I think context needs to be applied. Poverty in the UK is definded as earning under 30k as a household for example, the fast majority of the UK, even when in "poverty" don't starve for example

[@GM-ii8gs]

I've dug into some of the data he's saying, when he says "absolute poverty" the official definition from the House of Commons library report is: "Absolute low income: This refers to people living in households with income below 60% of median income in a base year, usually 2010/11. This measurement is adjusted for inflation". But he shows a homeless person on the street while saying that one fifth of British public live in "absolute poverty", so the way it watches is one fifth of people in the UK live on the street, not the one fifth of people have an income below 60% of the median income, big big difference...

[@velisvideos6208]

The UK has many problems, but the biggest is the lack of housing. This has led to very high property prices and rents. These in turn make it extremely hard for people to move from the poorer areas to places where the jobs are. The current huge wave of immigration makes the problem even more intractable.

[@garycarmichael8432]

Sorry, can’t entirely agree. Yes there is a shortage of available homes, particularly affordable homes. But there are almost a million homes standing empty at any given times, second homes, short term lets, homes bought through companies, not forgetting homes that have fallen into disrepair and have been abandoned. You can’t blame this on immigration, a lot of this comes down to greed and speculation, or lack of investment. Thatcher selling off social housing and not reinvesting in more houses started the rot.

[@inbb510]

​@@garycarmichael8432, net immigration of 700,000 does play a part though even if those million homes were out onto the market. Because net migration of 700,000 means that within three years, you'll have pretty much the same housing shortage again.

[@garycarmichael8432]

@@inbb510 you seem to have ignored the fact that people die and also emigrate. You’re equating the issue to an influx of people without considering that the population won’t always grow. The average age in the UK now is 42, that just goes to show that balance has shifted towards a proliferation of older people. As I’m in my sixties I count myself as being one of them. The UK needs younger people to stay productive, the birth rate has fallen in quite a few western democracies, so we need immigration to function. Now that we have a new government, hopefully we can clear the asylum backlog and allow those who are awaiting asylum to be able to work, pay taxes, contribute towards GDP and be independent.

[@JackCooper243]

⁠@@garycarmichael8432 but that’s the issue. We’ve become an immigrant dependent economy and that comes with its own issues politically, socially, and economically. Really we should be pushing for radical economic reforms to make it easier to become homeowners and create families but unfortunately there isn’t a serious demand for it and even if there is nobody can agree on how to go about it.

[@xerogue]

@@JackCooper243it’s very easy. build more houses. we’ve done it before. victorian era and also post ww2. we built whole cities from scratch. problem now is why on earth should we do that? capitalism rules. building more houses pushes down asset prices. not good for the wealthy. we know who controls the economy. no such thing as democracy.

[@marcoaustin8227]

This is an eye-opening video, I didn’t realize the level of poverty people in the UK (outside London) were living in these days. Thanks for this informative video.

[@gerrycoogan6544]

I'd like to see the definition of poverty that's being used.

[@GM-ii8gs]

​@@gerrycoogan6544I've dug into some of the data he's saying, when he says "absolute poverty" the official definition from the House of Commons library report is: "Absolute low income: This refers to people living in households with income below 60% of median income in a base year, usually 2010/11. This measurement is adjusted for inflation". But he shows a homeless person on the street while saying that one fifth of British public live in "absolute poverty", so the way it watches is one fifth of people in the UK live on the street, not the one fifth of people have an income below 60% of the median income, big big difference...

[@brenmanock]

Thanks for all your hard work what insight you're dispensing!

[@WilliamGaskell]

The real problem the UK is facing is that UK pension funds are not investing in developments in the UK in favour of foreign developments which have much higher returns hence the situation you are presenting seems much worse than it is. The EU didn't do anything about it - normally it is famous for random developments in the middle of nowhere - hence Brexit. One of the factors you may want to consider in further analysis is the economic equivalent of "goodwill" which makes up 90% of the value of an accountancy business. How much more investment would it take to catch up to the UK's level of development and how much does that affect the quality of the citizen's lives? Sure, the UK is like Mississippi but that's not a such a bad thing imho.

[@JayGooden-l1j]

I heard salcombe in devon is rich where the millionaires live

[@Chris-pq3wp]

Yeah this video is nonsense. There are a lot of wealthy people in the uk not in London

[@GM-ii8gs]

Yeah I live in the Cotswold, we've got people commuting by helicopter here. My multi millionaire cousin (he's rich side of the family) lives on a farm near Newbury, he has a house in Salcombe and drives his Bentley to it...

[@rosaliemarshall9640]

The video is making statistical comparisons. It's not saying that there are no wealthy people in the North, or no poor people in the South, but rather that London (+ the surrounding regions) are much richer than the rest of the country. Of course, some people make their money in London but live elsewhere. And there are pockets of highly desirable areas around the country. But that doesn't change the fact that England is a highly centralised place. It's been obvious for years that far too much of our culture and economy revolves around London.

[@rosaliemarshall9640]

And that's not to mention the fragile economies of the Celtic fringe!

[@Chris-pq3wp]

@rosaliemarshall9640 the French economy is more centralised on Paris than London is in the UK.

[@spaghettiisyummy.3623]

What the USA & South Africa learned from Britain, is Inequality.

[@maxhall2086]

The US had a revolution partly because Britain was heading towards slavery abolition and they feared the same. Britain was not responsible for apartheid and opposed it. Their problems are of their own making.

[@Sean-yk8he]

The UKs GDP is 3.3 trillion so many mistakes in this video.

[@jakkuwolfinsomnia8058]

I’ll tell you why: because London concentrates all the money around London from the furthest parts of the UK. If a man in Aberdeen pays £1000 a year in taxes. A road in London will be repaired using his money while he is left with the pothole in his local roads

[@FredrickMoss5374]

There is a difference between London the city and the “City of London” when you understand what the difference is. You learned all you need to know about why the UK is so screwed up

[@j.k.1239]

No more loot from the colonies.

[@xerogue]

Loot from the indus is running out. 😂

[@Steph756p]

The colonies are actually looting the motherland

[@tryaluck]

Give it a rest, Britain gave up its colonies over 70 years ago and you are still banging on about it. And overall we are still doing OK we have the 6th largest economy and 6th most powerful military. Where does your country rank ? Also you are saying that all Britain did was loot its former colonies. Yet all of its former colonies are now some of the most successful countries in the world. Canada, Australia, New Zealand and many others are now very successful countries.,if you compare that to other colonised countries like all of South America. They are nowhere near as prosperous as Britain's former colonies. If all Britain did was plunder, how do you explain this? It can't be just a coincidence.

[@ryandanngetich2524]

@@tryaluck Exactly

[@wutrudoin]

Looting wasn't profitable, the colonies were only useful for industry

[@kimre342]

The solution is not to have a socialist political party rob the wealthy people and then reallocate to the poor. This will simply scare them away. Instead, the government should impose an investment-friendly policy that provides incentives to multinational corporations of high-tech industries to invest in the UK. Only when the UK can diversify the economy, the income distribution inequality problem will be solved.

[@muffinman4544]

It needs to stop taxing it’s lower income citizens so much. The U.K. has the highest level of stealth taxes in the world. The squeeze the average citizen and wastage of tax money which drives the government to tax more is not helping.

[@MandNsvideos665]

Need to get those Ps up. Both the money and the pronunciation of the letter.

[@puccaland]

That's why I said during the referendum while polls were tight that the leave would win. Because as a child a travelled all around England and Wales and saw those poor towns and how people live there. But people never show them to the world and always talk about London only. And while I was hesitating myself about the referendum outcome I remembered those poor regions and the people there and told my brother that they will vote leave eventually. Said the same with Trump vs Clinton but that was more obvious.

[@jayclarke6671]

I have a Spanish client in Poland with his two teenage children and life is very good there for his kids but hard for him mainly because his wife is based in Madrid as a public school teacher and can't relocate to be with him. From everything I've seen, the UK overall is much worse off for the average person than Poland.

[@pixievsp8989]

THIS IS MISLEADING

[@GM-ii8gs]

100% agree, Margaret Thatcher was prime minister for one year... 85% of people in London work in financial services... this video is a joke.

[@bestgamting]

The video is good but pls don’t advertise such a weird investment business

[@richardruff8712]

I would alter the map to show London ( inside the M25 Motorway ) as even better than ' 1 ' because everybody knows that, inside the M25, is like being in another Country...

[@chuenlong]

The distribution of wealth is uneven and the middle class is moving towards poverty, which is also known as "M-shaped". This is a trend around the world. This trend is caused by the ruling parties in each country. The easiest way for the ruling party to win the support of voters is to print money, build large-scale public construction, and improve social welfare. Voters appreciate this immediate benefit, like free wine at a party. Printing money is the main culprit of M-shape. Printing money "devalues" the salaried class! The salary of the middle class has been relatively depreciated the most. This is true in Taiwan, and it is true all over the world. Massive public construction, especially with debt, does little to help economic growth. It just adds to the debt. Social welfare is more like a collective drug addiction, getting deeper and deeper into it. Once social benefits are withdrawn, it's like a drug withdrawal situation. What the ruling party should do is innovate in "new industries." Sharing the high wages of innovative industries with the young middle class is the foundation for social progress and stability.

[@stephennelmes4557]

Not everyone in London is rich. It's got more than its fair share of poverty. Mostly imported. And, not everyone in the North is poor. Factor in the price of houses or rent and any increase in wages in London are soon negated. £ 700,000 wouldn't go far in London, in the north you'll live like a king. My friends father owns a house in Gujerat, India. It's huge, has four floors, looks more like a small hotel, and sits in extensive gardens. In England, he's not particularly wealthy but in India... Wealth is relative.

[@xerogue]

Indeed wealth is relative, and indeed the UK is poor compared to its peers. Sure, some dude in the north might technically be better off than some guy in the south, adjusting for col. but now compare that dude to some guy in even a poor country like slovenia, lol.

[@ams1897]

Also important to remember that although it’s true regarding cost of living, the poorest cities are still outside of the South East. Although there is poverty in the South East and wealth in the North, there is still more wealth in the South East than everywhere else in the country, even factoring in cost of living.

[@rw2783]

I’ve lived in Kent before and it’s not rich. There a lot of hidden poverty which isn’t really reported by the media.

[@RendererEP]

The south east still includes all the inner london and outer london poverty, Medway, pretty much all of Thurrock (especially Tilbury), anywhere else on the Thames estuary, Thanet, Luton, Basildon, Slough etc The workers for the wealthy and the workers who keep things running still need to be housed somewhere

[@AA-hg5fk]

Welcome to the UK, taxes are high, wages are low, public services are bad and the gap between rich and poor just keeps getting bigger.

[@RobertBorsos]

starts with a withmongering bs, do better!

[@maciejz7892]

Poland: "Hello there."

[@dimitarmargaritov]

General Kenobi!

[@Tonyx.yt.]

calling poland a "developing economy" 🤣

[@GM-ii8gs]

​@@Tonyx.yt. I went to Poland last summer, yeah it's still developing country...

[@dannyboywhaa3146]

Lol Portsmouth, Havant and Hastings are just a few of the seriously deprived areas in the green bit of the map that spring to mind! And parts of south Manchester and Cheshire are extremely affluent. So this is a load of bollocks - London is also poverty ridden.

[@KhanTengri-vw9ht]

This is about the averages for each area. Just because there is a bubble of affluence does not make the entire town rich.

[@timmytube12]

America is the same in a way.😮😮😮

[@ludicer122]

6:09 There is a editing error. Its 1979-1990, Not 1979-1980.

[@FrizzelFry]

privatization is mentioned many times in this video. I don't think it is the problem. Public run oil companies and factories is usally ineffective and will be uncompetetive over the long term. I think it is the tax code that is the problem and poor public schools - a modern contry need to find a way to get good education to the all of the population.

[@kumaran8923]

sure mate whatever helps you sleep at night.

[@alnash1433]

I think uk gdp is 3.34 trilion dollar, if it was 500 billion, it will be half of the indonesian gdp ( indonesian gdp is well over 1.3 trillion dollar)

[@davidowen2396]

It's bizarre to compare the economies of London (metropolitan pop15 million) and Anglesey (70k.......recognised as the poorest place in Europe for many, many years).....the contrast has always existed so it seems to be a very sensationalist piece of reporting. The West Wales and the Valleys region of the EU was Category 1 Objective funded from 2000 due to high levels of deprivation...nothing new 25 years on.....

[@mamin9267]

Nonsense

[@jeffsmith3392]

Thanks for letting everyone know how poor we are. It’s been covered up for decades!

[@ProxyGamingPG]

Insulted Poland at the end...

[@thehypetraveler8114]

because of the great replacement

[@a-qy4cq]

1/3 of a video is a scam add... pathetic

[@maxhall2086]

Comparing the UK to Mississippi is not accurate. $36k in the US would mean your living in poverty, even in Mississippi. That same salary would provide you with a comfortable living in 80% of the UK. You could buy a home and car, pay your bills, go on holiday twice a year, splurge needlessly on Amazon. Even people on welfare decamp to Spain for a summer of lager, deep fried lard, STD swapping and Eastenders.

[@N0rthernLites]

All this doesn't matter. We just have to keep spreading and forcing our beautiful democracy onto other nations so they can feel our greatness 😊

[@klaasvanbeek5985]

Its hard to see the UK to be skrewed over by incompetentce. Once the greatest nation in the world.

[@NY-Dani]

This video doesn't take life quality as a result of these divides.. Life is good in the north of England. Houses are cheap and incomes are fine if you get a good education or trade. Even if you start young and work your way up, work hard you can achieve. By comparison, London houses prices are unaffordable and unless your in that top 1% earning crazy money in the financial centre, life is mediocre. You won't be enjoying those top restaurants or living in a spacious homes.

[@Chris-qg8ss]

If a government can no longer efficiency manage public, state owned assets and infrastructure / utilities then privatisation is OK. But not private monopolies and cartels. 49 percent of these companies shares should be state owned and shares then distributed to all taxpayers personally so citizens can get paid dividends when profitable.

[@ScottShillito]

Interesting video , but I live in northern England and think there's alot more to it , for example I live in Sheffield on 38 thoasand and my cousin lives in London on 240 thoasand, he has a 3 bed semi with no driveway, I have a detached house with lots of off road parking, you get a lot better standard of living for a lot less up north , from what I see most northern people have a better quality of life than londoners , but that's just my opinion, also I've travelled all over Europe and I definitely don't see the uk as poor living standards

[@ucthanghoang3678]

How much is your family's cost of living? I wonder if someone earning only the minimum wage can survive. I'm not English

[@uncommonwolfpelt3603]

make a video on Egypt's economy please

[@ag3957]

Carpets and dates.

[@happychappy7115]

London was always a country within a country with its financial services a centralised wealth generating industry. The rest of the country has included productive hotspots at different times due to technology and market opportunities. The massive challenge for governments is to spread this wealth creation more evenly.

[@Bozebo]

What do you mean always? Financial services were literally invented in Edinburgh.

[@patrick-bu3eq]

Little London exploiting its uncivilised nearby countries lol.

[@JohnDoe-gc1pm]

Property is not taxed, hard work is taxed. Council tax is based on 1991 house prices, so theyre meaningless

[@BoboSLO1]

Hahah Slovenia is NOT some third world country.. we live like kings in ur England...

[@Sylotizeecontact]

Third world country economic term hain hi nahi.Third world country wo they jo naa to capitalist bloc aur naa toh soviet block mein they.

[@FukaLata]

Poland, Slovenia, all EE countries are still recognised as 3rd world countries by some Western (UK mostly) morons, don't care about it mate, I always enjoy watching them visiting Poland and realising in how big pile of shit they are now in their homecountry. Loving it ❤

[@MR_BENWAN]

I agree. Things are much economical and with good scenery.

[@ag3957]

Thought is was sloven.

[@electricpaper269]

Blaming this on income/wealth inequality is misguided. The problem is insufficient consumption and the vast majority of that wealth at the top is invested into producing consumption in the first place. Going after it doesn’t solve anything. The issue is just that there isn’t nearly enough supply in the market due to bad policy. That means there isn’t enough for everyone and the limited supply goes only to the highest bidders. Take housing for example, it is scarce due to mass immigration and very restrictive permitting laws for new construction. Or take energy, that is scarce due to the confluence of anti-fossil fuel and anti-nuclear policy. Add in Russia sanctions and it’s a disaster.

[@dallysinghson5569]

To be fair, we shouldn't be subsidising Russia's war effort and should focus on being as energy independent as possible.

[@ilikelampshades6]

I'm a nurse and the torys took 40% of my salary off me. I hate Labour too but at least my quality of life improves under Labour

[@oldskoolmusicnostalgia]

Inequality by design, not accident.

[@lame6810]

5:49 "Today the UK is the most unequal rich country after the US" What a weird coincidence the two countries speaking the most learned language in the world and takes in the most amount of immigrants are the most unequal. If only they didn't do that pesky privatisation those immigrants would be rich!

[@acpredator]

Are you sure that your video is correct? At 11 minutes and 15 secs you compared UK with Slovenia, but on the video you showed Estonia...!!! Is the rest of the information correct? Or is it artificially made to sink the UK????

[@GM-ii8gs]

100% it is, loads of mistakes in it, second and third highest number of rough sleepers in London is Romanian and Poles. According to this video, 85% of all people in London work in financial services 🤣, Margaret Thatcher was only prime minister for one year! and all the utilities are owned by wealthy individuals, I'm sure the Competition and Markets Authority would have been interested in that... 🤦‍♂️

[@SusanMulatya-j8i]

Why does everyone keep saying negative things about 🇬🇧😭😭😭

[@yudha_saputra]

negara penjajah

[@AA-hg5fk]

because there's loads of crap things about it! And yes, I'm British!