How to Deal with AI – Universal Basic IncomeWatch this video on YouTube AI is coming for your job. It doesn’t matter if you are taxi driver, accountant or god forbid writer and podcaster, AI and chat bots are going to be able to do it better. Goldman Sachs forecast 300 million jobs could be …
Can European Economy Catch up and Overtake US Economy?Watch this video on YouTube It’s been a bad few years for the European economy – inflation, energy crisis, falling real wages and a stagnant economy – losing ground to China in the east and the US in the west. Whilst US GDP booms, Western Europe seems …
US Debt is Set to Massively INCREASE – Does it Matter?Watch this video on YouTube As a share of GDP, US debt is forecast to rise from the current level of 100% of GDP towards 180% by 2050. This is unprecedented – higher than the second world war. However, the recent budget resolution to …
In April 2025, average UK energy prices will rise another 6.4%, leaving an average household cost of £1,849 which is £600 more than 3 years ago. It’s not just households experiencing a rise in energy costs, IL businesses face the highest cost of electricity in Europe. It is proving very damaging for the remaining industrial …
There are many ways for statistics to be misleading. Firstly, governments can just outright lie and make up their own statistics. When inflation was too high in Argentina, the government ordered the statistics agency to reduce the inflation rate. Problem solved. In Soviet times, local officials would fall over themselves to produce statistics that iron …
It’s pretty easy to talk about the problems with the UK economy – 18 years of low growth, stagnant real wages, low productivity, low investment, housing costs through the roof. The numbers don’t lie. If past trends had continued from 2007, average households would be at least £8,000 a year better off. If we could …
Whilst UK incomes have stagnated in recent years, the UK’s net wealth has increased from £2.9 trillion in 1995 to £12.2 trillion last year. The biggest rise is not in wealth related to productive assets but passive wealth – basically rising house prices. In recent decades the ratio of wealth to income has more than …
Crazy Regulations Which Hold the Economy BackWatch this video on YouTube There is a new window regulation which states new windows on upper stories have to be 1.1 metre off the ground because of the risk that people may fall out of them. It is argued that due to global warming people will open windows …