On Wednesday 16 September 1992, the UK economy was in deep recession, with unemployment of 10% interest rates of 10%, and the Pound was struggling to maintain its value against the D-Mark. As soon as markets opened, financial investors piled in to sell pounds to a beleaguered government, and Sterling fell, reaching the floor of …
Will Life Get Worse or Better for the Young Generation?Watch this video on YouTube Double-digit inflation, youth unemployment soaring, and a general sense of the UK’s economic decline. Is there any hope for the younger generation? Now here I’m not actually talking about 2025, that was the 1970s and early 1980s. It’s never been easy …
1970s – The Decade That Nearly BROKE BritainWatch this video on YouTube Rubbish piled on the streets, record levels of strikes, an IMF bailout and runaway inflation. The 1970s has gone down in the popular imagination as a dark time, literally in the case of the 3-day week, when lights were turned off, but …
Africa's Population Will Soar – Europe's Will CollapseWatch this video on YouTube A Huge Shift in Global Population is Coming – Africa To Overtake Europe. The world is going to change dramatically over the next 50 years. Currently, Africa has around 18% of the global population, but by the end of the century, this …
Do you remember when Covid led to empty shelves, panic buying of toilet paper and then when it all ended – a surge in inflation? It was only 3 years ago, though it feels longer. However, US stores could soon see looming shortages as 145% tariffs on China caused a sharp drop in US imports …
Watch this video on YouTube In 1909, the UK provided the first state pension to those over 70. At the time, the average life expectancy was just 52. Since then, the average life expectancy has increased to over 81. But, the pension age today is 66. It means the average person receives a state pension …
How to Tax The Wealthy – Wealth Taxes Which WorkWatch this video on YouTube In the past two decades, average wages have stagnated and government debt has risen. It seems to be an era of austerity. But, it’s not all bad news. UK household wealth has reached a record £13.6 trillion – over six times …
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 …