Why UK đŹđ§ is going Bankrupt? : Detailed Economic Case Study
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Publicado 2024-08-03
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VIDEO INTRODUCTION:
The United kingdom was once the symbol of power and heritage because of their 200 years of looting colonies like India!! But in spite of all the treasure hunting, now the UK is going through the worst economic and social crisis in its history!!
As of 2024, while the debt level in Germany stands at 63.74% of GDP, Ireland stands at 42.5%, India stands at 58.2% where as UK debt stands at 99.5% of their GDP!!
And you know what's even more worrying, while in other countries, the workforce is getting bigger, in the UK, People are leaving the workforce due to long term sickness.
At the same time, UKâs productivity has remained stagnant since the 2008 crisis!! The hospitals are falling short of nurses, And 45 percent of the patients have been waiting in an emergency for 4 long hrs!!! and there is such a big labour shortage that UK has a shortage of more than 1,00,000 truck drivers. So now, the UK is seeing the sharpest increase in the absolute poverty in 30 long years!!
So the question is,
How did the UKâs economy fall into such a terrible situation?
What are the biggest mistakes that the UK made which caused this massive economic crisis?
And lastly, what does India need to learn from the UK's terrible situation??
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â Study Materials:
1. researchbriefings.files.parliament.uk/documents/CBâŚ
2. www.investopedia.com/articles/investing/042915/howâŚ
3.    â˘Â Why the UK's Economy Stopped Working Â
4. www.nytimes.com/2024/06/19/business/britain-economâŚ.
5. www.ft.com/content/6ada0002-9a57-11e8-9702-5946baeâŚ
6. www.ft.com/content/e7a8cb3a-efcc-4d62-962b-d284545âŚ
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Todos los comentarios (21)
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Stolen property never lasts long
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"Never consult stupid people for an important decision" who were the stupid people "the citizen of UK " what a savage answer lolđ¤Łđ¤Łđ¤Łđ¤Łđ¤Łđ¤Łđ¤Ł
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I live in the UK and I can tell you, the pound is depreciating but the rupees is depreciating faster. I just sent money back home where 1GBP=108.5
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UK has always been resource poor. Historically they were a lot poorer than France or Italian states. The rise in British wealth was a direct result of colonisation and brutal exploitation. As soon as they decelonised they lost all their power and prestige. The stolen wealth doesn't last long.
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News Anchors : UK is dying Editor : Gonna show my DJ skills
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I am 75 years old. This is one of the best videos i encountered. Best wishes to Ganesh.
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I am from India. There is a place called Esuru in Karnataka, where the English (I mean the British) burnt everything in the 17th century. Even today (in 2023-2024) Esuru village is still standing but with a better infrastructure. "Looted wealth doesn't stand strong"
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Thanks Brother (think school) for telling us the truth about the countries reality, We Give love and support from India.đŽđłđŽđłđŽđł All the best bro.đđ đ
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A wise man once said - whose wealth is built on stolen money and loots won't last long. No one on this earth lived happily after giving others traumas.
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"NEVER CONSULT STUPID PEOPLE FOR AN IMPORTANT DECISION" One of the best line i have ever heard, i will keep this word for a life.
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You nailed it, I am European. đ It's great fun to see how and Indian guy pinpoints the foolishness of the Brexit, and the foolishness to reduce complex matters to a simple "Yes/No" answer in general đ
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Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me
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Excellent!! The best is the conclusion: 1. Involve financial/economic advisor 2. Grow manufacturing sector 3. Globalization and self reliance.
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Same thing happening in india ,more people voting for freebies, subsidies, short term benefits rather than actual development & growth
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So much knowledge is packed under 20mins, one of the best case studies.
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One Point is missing that almost 15% Working population in the UK is on State Benefits and around 10% is business of buy and sale which is not creating over all value but adding to inflation.
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They looted 45 trillion usd from India only and now they don't have money to buy food. Karmaaa
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Main reason: decrease in population and depleting resource Every country is gonna face it at same point
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Man, hats off to you! The way you simplify the most complex topics in an easy-to-digest content is commendable!đ
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The editing for the last two videos has been amazing! đđź
