Is The UK Headed For An Economic Crisis?

In 2022 economic growth has been slowing across many countries and the UK, in particular, has been singled out by forecasters as having particularly weak growth. In this video, I examine the question of whether the UK is headed for an economic crisis and show you the reasons why this may be the case. However, I don’t believe that it is a foregone conclusion that the UK economy will crash. There are a number of things that can be done to mitigate or even avoid a deep recession and in this video, I also show you what these are.

Timestamps
00:00 Introduction
00:35 What’s Happening?
02:19 Forecasts
07:30 Problems
13:45 Solutions
16:58 Conclusion

This Is What Else PensionCraft Offers:

Where Else You Can Find Me

Tools I Use To Create My Videos
The rest of the tools I use are free open source software:
✔️ ggplot2 package in R for my plots
✔️ RStudio to edit and run R code
✔️ OBS to record my videos and live streams
✔️ Kdenlive to edit my videos

Take A Look At Some Of My Other Videos & Playlists

DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.

#UKEconomy #PensionCraft

[janyneagolia]

Thank you, for the well thought out and pertinent information and for remaining dispassionate. You are an excellent teacher.

[kaimingraymondchoi]

This is an open, detailed and fair assessment. Thank you. UK obviously has been suffering from Covid, Brexit, Russian Ukrainian War, you name it. Factors are both natural and political. UK now needs a very strong government that will focus on the livelihood of its own people. Any political movements that might work against their livelihood should be suspended for the time being until things get better.

[fusemunk]

A tour de force with a big more opinionated punch on the UK future, very much appreciated - brought many factors that we understand into a condensed summary with conclusions. Thanks AGAIN

[spiritualdeath]

Calm, objective, measured. The opposite of hysterical mainstream media analysis.

[jfuite]

If Britain is depending on “net zero”, green energy for future energy growth, then it’s fucked.

[The_Couch_Critic]

Thanks Ramin for details and blunt assessment of UK economic health.

Can you have a similar one for Germany and Japan? Globally, lot has been speculated about US and UK, but these 2 regions hold a lot of promise, with stable political ecosystem and industrial economy.

[Peter-MH]

Potentially HUGE announcement that Saudi Arabia, Egypt and Turkey are looking to join BRICS (closely following Iran and Argentina, who said in June they want to join). Talk of possible BRICS reserve currency, and already record trade between BRICS countries (which are currently 40% of global population). Would be very interesting to see a video on this, as it’s had surprising little coverage and hard to know the potential implications/opportunities for investors.

[jonnyblamey]

Thank you, a very informative account of contemporary state of U.K. finance. All my questions were answered by just watching on for a minute or so.

[AF-gdfh]

We had quite good PMI and GDP numbers out this quarter so hopefully the UK will not do as poorly as predicted.

[Robo]

Thanks a heap for a thorough rundown of the UK economic outlook. I think there is a huge investing op0ortunity in going short on the FTSE 100, even worth doing with leverage through a MIni Future (and thus increased cost/fees). Basically no downside chance and large potential upside within 1-2 years.

[ShipOfAlbion]

Do people think that once inflation is got hold of and is circa 2% that we will then see big interest rate cuts to sub 1% again to stimulate growth??

[chachalaca]

Canadian GDP growth mostly fueled my real estate asset inflation.

[jimbojimbo]

From a selfish perspective. I really want house prices to drop to hope interest rates go through the roof

[TheSometimeAfter]

If only the UK had the FED to print money so we can ignore our systematic problems for a little bit longer...
and the fact the prices are 'predicted' to never come down is absolutely criminal. Much like the Bank of England...

In other news, Shell have made record profits year on year.

It's funny how noone ever talks about how we actually got here.

[meisterlymanu]

the uk hasnt experienced a bull market since 2006. Not like the US did from 2010 onwards. Most FTSE 100 stocks have never recovered from the 2008 crash (the UK companies within it), and the only assets worth holding in UK since then has been property. Its been a 14 year disaster, and its set to continue. Tell me a similar period in UK economic history. This is a new UK trend, and its deliberate.

[shovanchowdhury]

Should International students change their mind to study in UK??

[linux]

Someone please clear this up, the charts at around 5.50, Ramin says the line above the black line, but I see it as green, am I colour blind?

[RAS-pzst]

The sizes of the economies of the EU plus USA is roughly 40$ Trillion.

China GDP 19 $ trillion
Russia 2 $ trillion
Indian 3$ Trillion

Together = 24 $ trillion

Just over half of the EU plus USA

[garysymons]

Hi Ramin and the PC community, looking at UK from one of your former colonies, lets face it the UK is in a better position than any other european country, I dont see how you can blame brexit . The UK can of its own volition find new energy sources without EU interference, and the N. Ireland protocol was always a border problem which the EU took full advantage, yet when Russian goods passed over European territory in violation of EU sanctions the EU did .

[jeffreyroberts]

In the 1980’s. Thatcher and her cronies decided to get rid of our industrial manufacturing base and make our economy predominantly a service economy. Germany never did this, always protecting their industry, even bending EU laws to do so. This means we import so much for our small manufacturing output, costs have risen due to energy costs making it increasingly difficult to keep inflation down. It also makes what the market thinks powerful as was seen with a budget they didn’t like! The inflation this time isn’t down to overheating consumer spending, it’s all down to energy costs affecting everything. OPEC have decided to keep production down to keep prices up, the war in Ukraine will keep our energy prices high. Until these prices are brought down our economy will struggle, there is some government support for these energy costs at the moment, but when that ends consumers will have almost no disposable income and small companies will not survive the huge rises in their energy. The country is in real trouble!