This Is Why the UK's Economy Stopped Working

[@zedmoe]

Theres no labour shortage. Theres a slave labour shortage.

[@prolarka]

And the government subsidizes it.

[@EMan-cu5zo]

Basically exactly what it is. They say there is plenty of work but for what exactly?

[@Teutathis]

Nah, there's a skilled labor shortage too. Especially amongst blue collar workers.

[@zedmoe]

@@Teutathis wrong.

[@Teutathis]

@@zedmoe Not.

[@purpledevilr7463]

Hello, Brit here. Yes, this is what’s happening. I could take the economic suffering if not for the social suffering.

[@Chuck_87]

Couldn’t of said it better myself

[@obbiebeal3060]

​@@Chuck_87 👍👍 10,000 Times, and her off-spring ( the good old .... ) is on the same road .

[@northernlights6459]

💯

[@maciejmagic7285]

14 years ago i was excited to get 19 thousand a year and was enough to live like a king now i have 32 thousand and struggling to live till end of the month

[@EMan-cu5zo]

20 years ago when I was 20 I never worried about rent and bills. Now I am in my 40s and barely get by each month. I used to go out and do stuff as well when younger, now I haven’t eaten out for at least five years. Not that I miss that but just to point it out. Steak at my grocery store is now 25$ a pound for a cut a few years ago cost 6$ per lb.

[@ricardoxavier827]

@@EMan-cu5zo Monopoly isolation goals of brexit. They now dont have EU competitors anymore, so they can charge more in cartel move union.

[@Darkest_matter]

i get 4500 a year but the flip side is, i don't have housing costs, water bill or electric bill.

[@TH3YGXNE]

@@Darkest_matterbetter start doing a Walter white then

[@justnotg00d]

And, in the USA the income gap between members of congress and the average worker is increasing and yet congress keeps saying there is not enough money to provide services to the people. Corruption.

[@thomasfholland]

Yeah our politicians can never get anything done except when it comes to giving themselves a raise - with OUR money!!

[@coreyplunkett]

100%

[@Inquisitor6321]

Insider stock trading is the primary driver in that area.

[@perfectallycromulent]

@@Inquisitor6321 Congressfolk are not insiders in terms of insider trading laws. To be an insider, you generally need to be directly employed by the company or a close relative, or an agent of the company with specific knowledge, like a lawyer working on the business deal.

[@timedwards8944]

🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻

[@Truthorfib]

But Israel and Ukraine seem to be more important to British Politicians than their own people.

[@FonFreeze]

I dont know about Israel, but if you think Ukraine get something for free, you should educate yourself.

[@MrTripcore]

Israel is literally their master.

[@dummykeir1717]

@@FonFreeze What did Ukraine give as return? does it help UK Economy from collapsing?

[@fwingebritson]

@@FonFreeze So, educate us. What is the return of the Ukraine investment that the media doesn't want to tell us?

[@FonFreeze]

@ Firstly signed agreement " Budapest Memorandum" if nobody wont honour agreements as this. Poland will build nukes, Ukraine, Skorea, Japan ect. That is already big one, one ultra far right party comes in power and a lot bigger chance nukes will get used. The loan is on top of the £12.8 billion ( key word loan ) And even better how loans work in war times. British produce military in UK, creating jobs and taxes, actually most of the money even dont leave UK. Its like double pay day for UK, will get loan back and created jobs and taxes, same in USA. Giving away equipment, have to make new, so UK replace with better newer equipment in process again creating jobs/taxes. A lot of times old military are sold also, before scraping, its cost a lot to scrap it, but again win - win situation get money out from selling it to Ukraine or just donating. Ukraine have Untapped gas, oil reserves also, behind the doors deals, more independence from Russian energy sector. Its all business, people imagine - we are helping.

[@thatjeff7550]

I'd argue that the biggest problem in the UK is a handful of oligarchs hoovering up the vast majority of cash to be the richest citizen in the country.

[@xperyskop2475]

The majority of non domicile taxpayers left or are about to leave. And governments replaced them with 3rd world empty pocket citizens . We have governments ( since 1997 till now ) that continuously let migrants abuse British hospitality and benefit systems while creating an unfriendly environment for businesses like EXPENSIVE ELECTRICITY

[@Billy97ify]

More likely a shortage of oligarchs. Lack of capital investment. You can't have well paying jobs without productive industry. At about 4:00, high taxation is driving out wealthy and highly skilled entrepreneurs.

[@ricardoxavier827]

And the winner takes all the seats...

[@ricardoxavier827]

The illusion of choice. No proportional representation rights.

[@siyiabrb8388]

@@Billy97ify Huh...decrease max profit margins?

[@AMabud-lv7hy]

Their native population started to shrink, and instead of addressing the reasons why they decided to instead replace them with cheap immigrants.

[@BAmalakas]

The ultra rich people in the UK were jealous of how their counterparts in 3rd world countries could abuse their peasants freely, and so they decided to replace their peasants.

[@nixonesport1998]

White men need to control their women and everything will be fixed

[@Nyet-Zdyes]

That's because no one wants to address the elephants in the room.

[@MOprep_cms]

democracy needs votes thats it

[@Ošæs]

They still calling on their former colonies for help smh

[@edwardlloyd9468]

Feudalism comes back to the UK

[@lat1419]

Did it go away?

[@TheLocalStandard]

A very big thank you for this statement bro! The reality is that the UK, and the West largely, are slipping back to the old ways and systems and Capitalism is really maturing and showing its real face. But probably all economic and political systems, when not properly checked and regulated, always want to strengthen and widen the class divide, be predatory and turn the majority to servants. But I see that these majority might end lower than servants. But the majority ("working class") have always been some kind of servants class really. But over the last century it came with better financial and material incentives, until its not.

[@stephenbermingham6554]

​@@lat1419yeah always, them 2 world wars were thining out exercises. As is the coming global conflict with them "rare" "vaccine" injuries.

[@CrusaderSports250]

​​@@TheLocalStandardunfortunately it's not just capitalism that does this, as seen in the communist countries they also have their ruling elites, "everyone is equal, but some are more equal than others" to quote Mr Orwell. What a fair system is I don't know, but it isn't either of these.

[@TheLocalStandard]

@@CrusaderSports250 Yes, that is the observation. Another theory I have is probably no system is just "bad" or evil ( as the West particularly insinuate of others), only that some are more checked and regulated to serve the real intents (assuming it's to benefit the public) long enough and more holistically than others. But probably every, I mean every single economic and political systems have massive flows that are more similar in the long run than they differ.

[@thesneak536]

We have been systematically stripped of everything 1 piece at a time in favour of outsiders for decades, trouble is. When you take away everything people have, they have nothing left to lose, UPRISING.

[@Irene-im8xi]

In 2022/23, the poorest 10% of households in the UK paid 48% of their income in tax, while the richest 10% paid 39%. Bear in mind the poorest are very poorly paid and probably depending on rented accommodation at the lower end of quality which will still be hugely expensive no matter how dreadful it is.

[@mrginga4044]

London is a sh|t hole tbh I live about 40miles from there it's much nicer outside of London however you can make good money there

[@coreyplunkett]

Is drugs getting people?

[@54nd5p1d3r]

It is that bad i moved to Scotland should have left the UK when had the chance

[@Darkest_matter]

@@54nd5p1d3r edinburgh is NIIIICEEEEEE. it's WAY better than manchester.

[@54nd5p1d3r]

@@Darkest_matter Been a few times folk there sound AF good history and scenery to die for stuck in Aberdeen I not to keen on Glasgow but better for shopping

[@Turbro39]

London isn't representative of the UK anymore.

[@bigdaz7272]

The UK is no longer a United Kingdom but a meme. A very depressing one at that.

[@stevemartin7464]

What amazes me is that they say they have a skills shortage, but my wife who has a PHD and who has been married to me for years will have to jump through hoops to be allowed to live in the UK. If she arrives with no skills in a dinghy she would be welcomed with open arms. Perhaps they need to rethink their visa requirements instead of thinking random migrants are the answer. Just saying.

[@Layla12251]

Doesn't seem like Europe has thought through just having an endless stream of economic migrants and refugees arrive constantly by the help of people smugglers.

[@Darkest_matter]

She can come here.. visa requirements... you give em like £15, 000, and fill in some forms, take a test and you're allowed in.. (at least, that's the process for pakistani citizenships that want uk residency/citizenship... though, you'd have ALREADY have a high paying job in pakistan to blow 3 million rupees on a visa application)

[@Xoxososowi]

​@Darkest_matter damn not worth it. With that sort of money you would love king size in pakistan

[@AnthonyValentine-vm1yc]

Thats the trouble in this country. London is the bee all. Nothing else matters.

[@Darkest_matter]

liverpool, birmingham, glasgow, edinburgh and manchester are kinda big and well-known to outsiders.. though, they aren't exactly chongqing or new york.

[@arthurswanson3285]

@@AnthonyValentine-vm1yc sheffield?

[@AkiZukiLenn]

WATOP, most people only see the problem, my question is, any solution. This government has 0 clue on what to do.

[@zackcampbell3604]

Oh yeah that "Economic Migrant" was a fantastic idea. Crime and culture clashes definitely didnt go up.

[@loli-knightxardej]

This guy gets it. Import the third world, become the third world. Granted, ol' UK has problems outside of that, but this sort of thing just exacerbates the issue.

[@Darkest_matter]

maybe they weren't economic migrants like you said... maybe, just maybe,.... they were actually refugees and the only job they can do is uber eats due to it being relatively simple and it's understandable that you aren't gonna have the best education if your childhood was just running from hospital to bomb shelter.

[@seal28halic90]

The reason our country is in such a mess is because for the last 20 years we have been flooded with immigrants from the EU to create cheap labour. House prices over the last 20 years went through the roof because of supply and demand. Wages have been stagnant for years. Now nobody has the spare cash to buy anything. We should never have joined the EU in the first place. It is too late now. The damage has been done.

[@john-s3w6c]

According to the Bank of England's own figures, between 2022 and 2023 the UK National debt fell by £1.3 Trillion......US National Debt went up by nearly $3 trillion during the same period.....

[@wolvenar]

Maybe the US should stop giving them money and one way free trade?

[@john-s3w6c]

@@wolvenar One way free trade? Your a joke. Enjoy your tarrifs.....Trump knows even less it seems.....

[@theairstig9164]

The UK debt went up by 300B pounds in 12 months

[@Merlinthewise86]

Hahahaha, no. That's just clever accounting, our debt goes up every year. The tories managed to grow it from 800bn to 2300bn whilst slashing public services by giving it to their mates. Sound familiar?

[@tigersilberhannes9153]

@@wolvenar Maybe the US should stop consuming so much. You are NOT giving anyone money! Your so called foreign aid is nothing but Kickbacks for the rich and the politicians.

[@54nd5p1d3r]

You have got more knowledge on the issue than Our PM

[@therover65]

Strangely, hasn’t affected their ability to support foreign wars or sail their ships to far off parts of the world to challenge militarily much more powerful countries.

[@MikeA15206]

Productivity is how much you can exploit your employees without them walking or giving up.

[@jamieshelley6079]

I'm a well paid engineer in the UK and honestly don't know wtf I'm supposed to do..

[@robertphillips2983]

Save as much as you can, live within your means and invest wisely. Oh, and thank God that you have a well paid job. 🙂

[@garyb455]

Just imagine if the Government slashed Taxes, Rules and Regulations for business and helped them increase their profits substantially. There would be a huge increase in new businesses starting up, the Town Centers would be fixed in a few years. Foreign investors would be enticed to invest in the UK. More important the Tax revenue would increase overall. Everyone would be a winner...

[@pomicultorul]

thank you for your work!

[@Valerianroot88]

I'm 38 from the UK and sold all my possessions, including my house. Now I'm chilling in Asia. Would rather give my money to another country than spend it in the UK.

[@Xoxososowi]

Which country?

[@lukefoggon515]

There has always been a separate London it's called the city of London which may possibly run the world

[@lukefoggon515]

Cia set there money there and the city stored it in the British oversea terroty that is not apart of swift off the chart

[@GingerFreek]

its sad how true this is

[@GingerFreek]

being someone living in North Eastern England

[@lyssa925]

Whats true?

[@rabburns1382]

Since 1707 the UK has been run for the benefit of the SE of england and London in particular. London wages have been subsidised by the rest of the UK for over 100 years.{London Weighting} The wealth from the rest of the UK has been siphoned off to prop up London and the S. East The UK is the most centralised state in the world.Scotland's oil has kept London afloat for fifty years.

[@keithfrazier2558]

Partly because they are allowing the climate guilt to dictate their energy cost and independence. Especially when China adds 100 coal plants doing more harm by some standards,, then the rest of the world has cleaned. They need to go for the most cheap energy like Nuclear they can get their hands on. Also exploring energy independence by drilling and fracking like the US.

[@eriklondon2946]

Yup. This is a part of it... if you think that the climate lies are caused by too many people... what are you likely to do? Now add an illegal migration group swamping your shores with an apathetic government.... It sounds a lot like an intentionally designed democide of their domestic populations.

[@conormcmenemie5126]

Ironically the UK has already sussed out what is really causing the GW problem - humans interfering in one of the precursors to the equitorial keremt/AEW frequency. Oddly this narrative about the wealth of london may be the actual problem - way too many laws, policies and finincial weight is governed by the mandarins of the money sector and not industry.

[@verttikoo2052]

🤦🏻‍♂️

[@harrywalker5836]

your wrong.. fracking is as bad as nuke.. fracking polutes water tables, gas in water. nuke, do you want the waste.??.. sodium reactors, clean safe, self regulating. lpg, is a waste product.. here in aus, we ''sell'', it o/s for 10c lt, delivered, yet we pay $1.40 lt.. $30. for a 8.5 kg bbq bottle.. system if fkt & ruled by the wrong d/heads..e,s . wing, solar. no fkn need for it.. they all cost pollute more..

[@israelSamuel-ur4vq]

Party for WATOP to hit 4 million subscribers

[@PrussianBlu3]

And if WATOP hits 6 million?

[@damianbutterworth2434]

Just go into a city and see all the Africans in new cloths wondering about doing nothing to help us out.

[@do3807]

17:35 my word that is so satisfying and cool, those folders are packed real nice

[@paulalain2798]

ur right i live in the UK NOT FROM AND WHEN I CAME 20 YRS AGO IT WAS A GREAT PLACE not anymore

[@TheBorg01]

oh how the mighty have fallen !.. Europe is nothing without its colonies ...

[@pdjinne65]

more like bad management. Things were fine after ww2.

[@jbreitz87]

Lol Europe seems to be doing fine, it's just the UK where the population is made up of so many slack jawed morons where they never could compete without outright robbing the rest of the world or criminally exploiting their population like tyrants.

[@yellads]

The colonies are nothing without Europe.

[@richardkm5355]

​@@yellads!absolutely NOT. The colonies who are finally getting real independence from the colonizers are flourishing. Countries such as Botswana... and recently Burkina Faso, Chad, Niger, who kicked out the French colonizers, have even managed to pay all their country's debt within few years. No, colonies don't need colonizers at all. Europe without it's colonies would collapse

[@TheBorg01]

@@yellads Is that why Africa is ditching Europe for China and even Russia ! Roflmao your cope is so sad

[@Mydailyshenanigans]

You should make it clear how old and out of date this video is. While your overall point is generally accurate (the uk is in the shitter), its mostly true for England. However, Uk tax policy has overwhelmingly benefited high earners and there's a glut of over-qualified workers who can't get a job. And while many of your comments are accurate for 2022, they're totally out of date now, and don't express how much worse things are in England than in Scotland, where we pay more tax and have a more left-leaning gov, so our public services work better. I've just spent a week touring England and I'm shocked at how run down it is and how many homeless - in the working class areas. The rich areas are doing very nicely!

[@MikeA15206]

Imagine the rich doing very well? Just like in the US how surprising.

[@pokeplazagamer]

It was broken from the start.

[@lorettaross2007]

Good morning, Steve! How are you this morning? Hope doing fine! Great vid this morning! Thank you! See you in the next one!

[@israelSamuel-ur4vq]

UK is falling 😢

[@rx-ym3cs]

😅😅😅

[@JoSeph-yp5mb]

fell 30 odd years ago

[@wolvenar]

Diversity is their strength I thought.

[@snakejazz]

Again

[@obbiebeal3060]

Babylon also !

[@RichardDavison-k8v]

Yep I’m 🇬🇧 and I’m embarrassed with the state of my country

[@dritzzjoney]

Their refugee/migrant programs. That's the biggest thing.

[@Kj16V]

No it's our feckless politician problem we've had for the last 16 years.

[@jonacosta3327]

Migrants are not a problem. They boost gdp and lower inflation

[@Angurtahd]

​@@Kj16V16 years? It's more like 200, depending on where you live, and it even goes up to 2000, if you count the stuff they did before they killed Jesus.

[@Muldeeer]

@@Kj16V Both.

[@Inquisitor6321]

Refugees? From what war or natural disaster? These people are being shipped to UK (and many other nations) as replacement serfs since the local population isn't reproducing. (Thank you feminists) They are NOT refugees. It's just a PR title they're give so as to minimize the outrage from the "bleeding heart useful idiots."

[@216trixie]

1. Socialize everything 2. Let everyone in 3. Here you go

[@pdjinne65]

should stop before 2.

[@Inquisitor6321]

Recipe for disaster.

[@216trixie]

@@pdjinne65 Socialism is the pathway to communism. Socialism is the means, communism is the end. No thank you!

[@Nyet-Zdyes]

@@pdjinne65 The lesson that I'm learning from the state of the "first world" countries, very much including my own, is that socialism should be the absolute LAST resort. Socialize that which can only be done that way... example, police and nat'l defense.

[@Dukephillips88]

Socialism will work this time, I swear.

[@alisonwilson632]

Would love one if these videos on Australia 🌏....were fast becoming a third world country

[@BuffaloianALLDAY]

More videos on countries!! 💯

[@ALADDIN22091978]

In SE England , some places too far to commute , too costly , lack of housing, which is expensive, but few opportunities.

[@stevemartin7464]

Wow, this makes South Africa look good! I'm a Brit living in SA and its really not as bad as people think, the Western Cape is paradise. The ANC are corrupt and useless but the country is OK because its cheap. This is not Nirvana, but the UK just seems sad and depressing.

[@Ladycherrylisa83]

Thank you for affirming this. So many South African's want to immigrate to the UK thinking the grass is greener on the other side - from a South African

[@stevenrobinson5864]

As soon as you blame Brexit for anything you have lost the argument in my eyes. I'm guessing you have figures backing your point up but for the everyday person it was less about what the Government gains on a spreadsheet and more about removing the control from some unelected bureaucrats in another country hellbent on meddling in every aspect of the peoples lives.

[@xperyskop2475]

People were misled. They voted for Brexit because they thought it will stop migration and regulation. And yes, it stopped migration from EU countries ( the only one that was tax positive for the UK) and replaced it with 3rd world . And it didn't stop more regulation as UK governments love pen pushing as much as EU does

[@IAmTheOnlyMrDaryl]

Truth

[@themood1984]

Boy, would I love a series of this by country. Netherlands next?

[@diorocks5858]

They hire one Nurse from Nigeria she comes to the UK with 5 kids and 3 relatives her salary is 26 K p/y her family cost social services 500k a year. Bonkers Britain

[@danhartigan9529]

Really sad and worrying as im from new zealand same thing here

[@jamesdean1143]

It’s bad everywhere. We are in the end times.

[@danhartigan9529]

@@jamesdean1143 or the start of new and better times I hope

[@RonaldPlett]

Maybe if the government would stop burrowing money and stop spending billions trying to help people, then they could cut taxes to a fraction of what it is and anyone willing to work for it could have a good life without government taking all their money

[@Tr1ckady]

Trickle down has never worked. If it did Americas economy would be even bigger. Wealthy people are draining your economy same as in the UK. The Cool Aid is bad for you, stop sipping

[@keldsleepnot7961]

With less taxes who's going to pay for roads, bridges, hospitals, schools, rubbish collections, defence, airports, ports, street lights, ambulances, fire fighters, fire stations, police, to name just the blindingly obvious. The problem with tax isn't that we have to pay it. It's that the rich don't and that we then subsidize the rich with the taxes they don't make a fair contribution too. When the UK had good roads, enough schools, free university education, free dentists, free glasses, enough hospitals, doctors, nurses, police, fire fighters, teachers, the general public actually paid less tax and the rich actually paid their fair share. Yet we are working harder than ever for a lot more hours a week but with less money to spend. The reality is that no matter how much or how little tax we pay nothing will change until we tax the rich properly and stop letting them take more value from our labour than we receive

[@wolvenar]

​@@keldsleepnot7961 Cut it from the governent wages?

[@wolvenar]

​​​The rich AlREADY pay the VAST majority of the taxes, especially in the USA. Tax them more, they leave. In the UK, a "rich" person (pay more into taxes than they get back in money or services) leave the UK every 45 minutes. You cannot tax your way out of this.

[@KikkerFish]

Governments are very inefficient, thats the problem. All this tax money isn’t used effectively. Back in the day, if you were weak, another country would invade. Now we don’t have wars anymore in the EU. Wars keep governments efficient: only the truly needed departements will survive. After a war a country is at its best. The UK, US, Germany and Japan were all booming after the wars. Victor or victim is irrelevant here.

[@rahulkunche7934]

I did my masters degree in biotechnology in the UK a decade ago. Even back then they wouldn't give me a proper job at a lab but they would easily give me a job at the local mcdonalds or dominos or shawarma joint. Nah fam. I went home to India and I'm glad I did. I make decent change here and every month is a peaceful living with savings, investments and enough to live without a worry. It's appalling to see how far UK has come in shooting itself in the foot. The almighty pound was once the currency to look for

[@flutterbyenterprises8452]

Disabled working and helping another Waited so long for NHS appointments I have got worse health. No luxuries no holiday for nine years no car no nothing. I have been cold and hungry.

[@bearcubdaycare]

If City of London driven Dutch Disease is the problem, then hiving off greater London and the pound as its own country and currency, while letting the rest of the UK rejoin the EU and use the Euro, could address the problem. Worse than Mississippi, really? Yikes.

[@HaiLsKuNkY]

we do not want to join the eu...

[@MyheartPalestinianMuslims]

If you remember uk pm david cameron started cutting budgets for almost every sector. Then they came out of Afghanistan. Uk start saving money from around 2010 or 11. What I'm trying to say here is, they know what's coming ahead.

[@chanman5600]

This explains why the market annual salary of my kind of job doesn't increase much during the past 2 decades, stays around £35K to 38K. Very disappointing!! My earning could increase at least by double if I worked in the US, Middle East or the Far East.

[@ActionManDan]

Great video, sorrow from 🏴󠁧󠁢󠁥󠁮󠁧󠁿.

[@oobdoointerchange]

Good video but you have the Union Jack upside down ,behind you on the opening shot. 😮

[@wilsonicsnet]

@ 3:21. "The rest of the country seems like it's already a third world economy" Just like Mississippi.

[@christinaborges9369]

WATOP CREATOR: have u done an episode like this on USA

[@JabelldiMarco]

Even global and international events can be handled different. E.g. the UK didn't have to jump on the Covid hysteria nor drop the ball with the handling of the infected; the UK could have ignored the US proxy war in Ukraine, stayed neutral, buyed and sold to both sides., etc. Of course, Brexit was home-made and London suffers double from any world financial crisis.

[@alanboay]

Trump soon pronounces Britain as the 52nd states of USA. Pls pass that UN superpower seat to India or German

[@5T3-d3c]

You forgot to mention the cost of illegal immigrants, we Need our own Trump or we're done for

[@JohnGudmannLarsen]

Here's a good idea, let Trump and Musk buy Britain, instead of Canada and Greenland

[@ricardoxavier827]

They will earn nationality rights and start to vote into parties to take back any liberal rights.

[@theairstig9164]

Complex problems have simple answers that are invariably the wrong answers

[@tigersilberhannes9153]

You have no illegal immigration, they are all im,ported by government sponsored agencies.

[@otearoa]

Very disturbing to see the UK in such a dilemma. I heard millionaires are leaving the UK and taking their wealth with them.

[@1956vinod]

Let india rule as colony and see the change in economy and prosperity

[@Xoxososowi]

Bhai indian politicians are driving india down with high taxes and being puppet to ambani nd adani. There is hardly middle class left here, we are ruled by bunch of oligoarch same like britain

[@underdonkey5]

Before joining the EU the UK was considered the 'poor man' of Europe. Fundamentally there's huge division of wealth between land and home owners and the rest of the population. With a older population, governments see them as the major voting demographic and don't care enough about the young educated work force. I saw this happen in Portugal.. and all the best workers left to work abroad.

[@TheLocalStandard]

The reality is that the UK, and the West largely, are slipping back to the old ways and systems and Capitalism is really maturing and showing its real face. But probably all economic and political systems, when not properly checked and regulated, always want to strengthen the class divide and turn the majority to servants. But I see that these majority might end lower than servants. But the majority ("working class") have always been some kind of "servants class" really. But over the last century it came with better financial and material incentives, until its not. It should have happened much earlier if not for neocolonialism, but now every nation seem to be strengthening industrializing, a large single continent level country (China) is out competing and has the resources of a real mega Capitalist country, and even some more, natural resources are becoming more expensive, the Western populations are really aging fast. Perhaps the UK and the rest should stop seeing themselves as some kind of "Power" and downsize, reorganize the economic systems and become a little more like Portugal.

[@mogunemogu]

Dude , Thera are louds of houses on the market for around 100k in Wales.

[@jenniferbrunson8671]

If things are so bad in the UK, why is the pound still worth more than the dollar?

[@DavidJohnson-yg8qm]

It was worth 4 dollars but it will soon be less due to our greenies capping oil and gas production, banning ICE cars, log fires, increasing energy charges to the point that businesses can no longer compete or export.

[@Zyzyx442]

Export advantage

[@markblanchard9049]

Meaning?​@@Zyzyx442

[@loli-knightxardej]

Remember that that's not exactly an indicator of a country's position in the world. The UK, as much as I love it (or what it used to be, rather), doesn't really provide anything of value to the rest of the world at this point, so the level its currency sits at is somewhat artificial and propped up.

[@webxorcist]

As for the overview with Dutch cities, you left out the one with the biggest economy of the country.

[@johnparsons9620]

This is a good assessment and its been true for so long. The rot set-in in the 80's with the over investment in the City of London and the running down of manufacturing and out-sourcing this to China. Rather than retraining the British workers for this new world and the new jobs nothing was done. This led to a shortage of the skilled worker London required. The skilled workers moved to London or were imported from abroad, leaving the post industrial towns behind. These post industrial towns suffered from low skilled low wage jobs, which the once skilled industrial workers (engineering or mining) were ill suited to fill. These jobs would be filled with immigration. No politician explained to the British population or understood this demographic bomb and they only cultivated populist image. It was believed that a young energetic image was more important than anything else to the British populations (Tony Blair, David Cameron). The over reaction to the 2007-2009 banking crisis led to the disenchantment with politicians (British and Europeans) and simplistic right wing snake oil politicians offered solutions, which ultimately led to Brexit and Boris Johnston. God help us. Where Britain once trod, America is destined to follow.

[@cofoothills]

it would be good for the counties/rural townships of Britain to start making trade deals for themselves, to start soliciting the best prices for good produces locally from external sources; heaven knows there's a dearth of high quality wool products (clothing in particular) on the market today, and I bet customers would love to have excellent quality dairy and vegetable products again too

[@xperyskop2475]

I heard about Enoh Powell warning about unlimited imitation ( and Im Imigrant myself) But people believed BBC propaganda to much back then just like they believed it recently during CON19

[@physiocrat7143]

The rot set in in 1945. Heavy taxes on wages, goods and services, Keynesian economics, welfare state, mass migration, joining the EEC in 1973. Bogus Economics as taught at Oxbridge and the London School of Economics have misled politicians.

[@bambanguripno]

Rich by colonialism.....

[@ChristineMeyer-hs9rg]

The Royals yes. Not even taxed.

[@noobguitarist654]

Karma is never late

[@Mad_Intellect]

LMAO for real

[@Suxipumpkin]

Well, that headline is a bit sensationalist! You can't focus too much on London - not because it's not important, but because the City of London (despite being very small), is the UK'S centre of finance. All our banking and stockmarkets are based there. A large proportion of London has always struggled with high cost of living and poor housing. Yes, London's wealth is declining but places like Manchester (where I'm from) are slowly improving. Over 14 years of the Tories being in power has had a horrendous effect on the economy. They cut spending in the public sector drastically, leading to massive job losses in one of the largest job sectors. It has been a really tough decade or so for us all but we are still far from being a third world country. Really, it's now up to the new government try to turn things around and it would mean spending a lot more money and borrowing more. In a capitalist world economy, borrowing isn't necessarily a bad thing as long as the money is invested wisely. The UK has been in far more debt in the past and used that to build a strong economy after WWII. Even though the Tories cut public spending in the last 14 years, they have accually increased debt, which makes you wonder what they've been spending it all on. I was brought up being told that the mantra of capitalism was "to make money, you have to spend money". The UK needs to invest in better education and developing industry & the job market. We've kind of lost our way a bit in that respect. After all, the less we have to offer the world, the less money we have coming in.

[@wolvenar]

Seems like this is a good reason why you cannot allow big cities to make the rules for everyone

[@MrMojitoguru]

really dig the new breaking news feqture

[@Ironbreeze53]

With all political & social failures to hold people accountable,a lot of which are pointing the finger at immigrants, for their actions. Rather than the arresting citizens for what they post online are starting to talk about leaving the UK. I think it a very bad idea to push the modern day descendants from the most powerful colonial empire in history off their island.

[@catalincosmin1465]

Let me tell you why . They send a lot of Money to Ukraine , illegal immigration, Too manny ppl in Uk living on benefits, healthy good for work ppl .

[@chanman5600]

TBH, are you on benefits ??? 😂

[@catalincosmin1465]

@@chanman5600 Nah . I don’t need . I’m a construction worker i learned a skill so i make enough money

[@ACV-1]

I liced in a hostel a room no bathroom had to leave room to go shower and cook ..900 sterling ponds a month to a cardinal humes..average ine bed flat six hundre a month private flat they want 1500 upwards its so messed up plus during COVID i put a n seventy pounds a week for gas top up pre payment system and i only got seventy pounds a week to survive on had to go foodbank every week

[@marksauck3399]

How many think this economy in the UK will get a lot worse before it gets better? In fact, a whole lot worse. What will England look like in 50 years? Sad and scary.

[@JJNTA]

UK debt is 101% USA debt is 121% (owing over $35 trillion they'll never be able to pay. The UK has control over its own bank of England. The USA does not have control over the federal reserve. The UK is Still the financial capital of the globe. All western nations moved heavy industries overseas. Trump wants to bring some back. Don't be defeatist mate that the UK is over. Remember your long history and the wars, struggles and the no surrender spirit your forefathers had. Don't retreat and take control of your future. This video is heavily biased and I'm beginning to become annoyed by the negative mental attitude drip fed into the minds of those who perhaps don't know or remember what the UK is made of. Don't be a beta guy and complain into comments. Shine the greatness once again before Britain and get off your knees and on your feet. Metaphor of course. You've an ancient proud history. You know Labour got in by default and mainstream media spew nonsense about the UK. The Brits that run away are leaving a home for illegal immigrants. No no no. You don't have to worry about health care, dole etc as that safety net if the worst happens in the UK. Indeed it needs improvement but at least you'll have some security. Family around the world and I know everywhere has its troubles. Let me just say that certain countries don't report such failings the same as they think it looks weak. Really if an alcoholic can not find fault within, then it's not the outward admission which is weak but the fear of appearing to acknowledge the very same weakness is a layer of additional weakness the proud must overcome. Remember the blitz and rations, the standing alone in Europe not just in WWII after France fell but when Europe was under napoleon's boot. Did your forefathers run? Nor did mine and like the rising patriots I don't intend to. Positive mental attitude and you know to keep calm and carry on. Be your best. I say because I care. 🇬🇧

[@physiocrat7143]

Taxed to death. Heavy taxes on wages, goods and services have a corrosive effect, combined with a welfare state. This began in 1945.

[@politenessisquay648]

When they stop making the landrover defender 😂

[@garystein9536]

Unfortunately u peed in my pond. But you're right, that's an accurate assessment.

[@helenclark2104]

Haven’t heard you talk about all the money being sent to other countries Or how the uk working people are paying for the migrants living free

[@copsaremonkey6970]

No is uk 4th world country 😂😂

[@Darkest_matter]

I mean... turkey, italy/rome and china went though the same thing... (china bounced back though, and italy has some high end brands and precieved higher quality craftmanship when you hear "made in italy."

[@sengkokchyemichael5229]

Concentrate so much in Soccer Leagues will not bring a rosy economy to UK. Bring back manufacturing to the common people and buildup economy from there and lower taxes.

[@valorz6064]

WATOP helping youtube-only people wake up.

[@stephenhall3515]

Many of the measuring criteria applied in this feature do not apply to the UK as they would to simpler economies in big EU countries nor aspects of assessing the US economy's components. The UK has historically tended to see national debt as being like personal debt but if, say, the USA did that there would be mass suicides 🙂but the US federal economy and the whole finance sector there runs on gigantic national debt. It encourages debt in countries into which it "projects" then draws profits from them to feed the MIC. Until recently Germany did the same and it just so happens to run the ECB but its actual energy crisis will end this. The UK (with partner Norway at sea) has an energy surplus and the author confuses domestic power prices with an energy shortage. The raising of power prices and some liquid fuels in a single year was very bad timing by the Sunak government and the Starmer government with Ms Reeves at the Exchequer worsened the lot of ordinary people by robbing pensioners, capping wage rises, continuing to support the Kiev regime and doing nothing about illegal immigration. They squandered the advantages of being free from the failing EU's clutches by failing to increase fees for portage and ancillary services to the EUs exports to match undue EU charges on exports from Britain. It is only a matter of a short time before Starmer, Reeves and Lammy have gone. The author also failed to state that the UK is one of the few quite small countries to be almost self-sufficient in foodstuffs by means of a tradition of mixed farming dating from WW1. I am an Irish citizen and our farmers comment that Starmer will pay for meddling in this rare formula through threatened changes to Inheritance Tax. The furore is not in the headlines at present but remains to be faced. The author also made the stupid error of confusing the UK with the former 'British empire'. "Empire" was never the right word to describe crown "rule" over vast areas of the world because, unlike France, Holland, Portugal, Belgium and Iberia, the UK actually had few 'colonies' and had mandates instead which grew from trade from mid C18 through to WW2. Would millions of men have volunteered to fight in two World Wars if they felt oppressed? Some areas felt that (southern Ireland or Irish Free State from 1922) but knowing where best interests lie against especially the Nazis, the UK had to be protected because of self-interest back home. This was surprisingly strong in South Africa and the sub-continent but India and what became Pakistan needed the crown to keep factions apart then towards agreement. I do not expect an American undergraduate mind to grasp the complexities of what was called the 'British Empire' but ask the author to check out what having rights to being a British subject/citizen meant in C20, i.e. freedom of residence. We in Rep of Ireland retain rights without having a UK passport. He should also note that innovations (e.g BAE with Sweden, Turkey, Italy and Japan) might not show on UK spreadsheets but can be traced and should be. In defense, materials technology, SMR nuclear power solutions and electronics (e.g. ARM), the UK is a leader and has no need for the USA or EU except company to company contracts. Many of my compatriots have moved to the UK or switched to UK companies because the USA will pull out of ROI. 56% of our candidates for universities did not even apply to Irish one in 2023 but to the UK and Gulf states. I am far too ancient to move but my time working in the UK for 15 years gave me health and pension rights I use here when ROI lets me down.

[@PR.Hobbit]

Economically Inactive = EI > Employment Insurance . . . it's ALWAYS about insurance Quietly Quitting > QUARANTINE = 10 times worse than prison/jail/hell

[@bobsthea]

somehow politics and socio-economy just don't mix

[@savedsinner487]

I normally really enjoy WATOP videos as a break from the normal 24 hour news feed. However, in this episode, not only is nuance completely skipped over or left out, some raw facts are just wrong. 1) Covid-19 didn't hit anyone financially until 2020 (Jan 2020 is when China started spraying the streets with tanker trucks, Feb is when they started welding apartment doors shut) 2) Brexit was about the control of the EU over the sovereign nation of the UK. Consequences be damned, they were not going to be ruled by an unelected (by UK citizens) foreign body. The USA would have done the same. 3) Servicing the debt: Where do you think the "regular" money to service the debt has gone? Just like in many countries in the West, it has gone to house & care for Illegal Immigrants (those who would choose to break the laws of the country they are entering, supposedly to be "part of that country"). From housing, to education, to medical needs; every aspect of immigrant (legal & illegal) needs are met with UK tax payer funds. (not to mention funding wars around the world, but this certainly isn't a problem UK is alone in...) 4) The energy crisis: This lands 100% on the shoulders of the USA's President: Biden. He campaigned on going to war with the Oil Industry. On day 1, he reversed everything that Trump had in place (the things that allowed the USA to become the #1 energy exporter in the world for the first time in history). He killed the keystone Pipeline that would have reduced greenhouse emissions by piping oil instead of trucking it. He then allowed Russia to finish 2 pipelines & market (pseudo-sexually-assault European consumers when they were in dire need, not only raising the price to heat & maintain a home, but spiking the prices of any good that needed to be shipped/trucked; and then goods producers doing the same to all consumers the world over by keeping the prices of goods high, even after fuel prices reduced again (same old story)) their petroleum products to Europe. Then you had the European countries shutdown their nuclear plants. All of this leading up to the Ukraine fiasco. But, sure, go ahead & say that this was a British problem that started in 2022... 5) Housing: So much nuance ignored...Illegal (irregular) migrants have skyrocketed in the UK since 2020 (especially in 2024), but the worst offenders (and most unknown) are visa overstayers (who the UK conveniently stopped counting in 2020). Then you have specific locations (preferences of where illegal immigrants decide to "make house"). You drop 1M new folks into a population of 20M; where will they live, work, purchase goods, send kids to school, get medical treatment, etc.? Property owners REJOICE! The asking price just quadrupled for a home/apartment rental. UK youth will not stand a chance at the dream of owning a home in such situations, so they live with their parents, do communal living with 7-10 others in the same predicament as their own, or they "get the heck out of Dodge" if they can afford to (very few can afford this). The UK government often decides where legal immigrants go, so you have a tiny nest of them that then expands as more legal immigrants come. However, the UK government doesn't take into account the illegal immigrants also go to this location (they know the language, customs, etc.). This is what the USA will face shortly unless its borders can be closed completely (to illegal immigration) & those who continue to break USA laws (after breaking immigration laws) are deported back to their home country (or the first country they should have sought asylum from (the closest to their home country).

[@roymcneil6026]

USA is many trillions in debt so I wouldn't chuck too much criticism our way mate!

[@terryjones9987]

Steady on son. Being a English man, im gonna save this video and watch it later. Let me help you out (if your video fails to mention it/). Sky high house prices cuased by 25!years of the government increasint the population by 10million while no extra house were built. 1 in 6 people were not here , 25 years ago and mass immigration has caused untold damage. Many dont see the point in workig hard since you can no longer buy a house. People have had less children since couples often both have tk work to survive, , and all the time the elite have allowed ever increasing numbers of foreign labourr into the market (who generally dont pester for pay rises).

[@awesomecrusader100]

The only people protesting are the radical left, or public sector workers who voted i the least elected government in over 100 years. They are part of union. The 80% of of our self-employed as they refuse to give contracts or holiday pay,pensions,etc. The government's replaced 10 million working class brits for cheaper foreign workers to prop up the middle classes. Their is no skills shortage. It's a wage shortage. The never did brexit , nothing changed, only in name. The borders are still open, never closed they just get cheaper foreign workers now. They flight the workers in no Australia style points system. An island of coal in a sea full of oil while her rivers run with gold. We collectively won the brexit win . 9 Years ago. But the remainers won.

[@seriousjoker2773]

When britain was an empire she had strong leadership she was a nation not to be messed with but since her collapse and a downwards spiral of bad leadership she has become this weak snivelling background nation the world points and laughs at, she needs strong leadership she needs her spine back and needs to inspire the population that she is the greatest nation on earth, and when she stands and rips out these hooks that have been pulling and tearing at the hard work our ancestors did to build her she can be strong again

[@Cardosaprano]

Since 2010 = since Tory’s got in charge

[@こうた-j2t]

Dude sneakily using outdated chart 😂

[@tigersilberhannes9153]

Not so long ago? Not in my lifetime and i was born when Thatcher was ruling i think.

[@42swanroad]

UK does not seem to have the capability to compete ? Britain's ranks 6th after India as an economy. UK Industrial output is in 10th place ?? Poland could be ahead of UK in 10 years.

[@johncory6452]

Sounds just like America right now