UK Economy DONE? Desperate Plan Triggers Bond Sell-Off, Big Tax Shock & Cost of Living Crisis

In a stunning move, the UK has revealed their budget. This is more of a stimulus push that re-allocates private money to public works. Is this a brilliant plan to help the UK drive GDP growth? Or is this a desperate gamble that will push the tax burden and debt level to unthinkable levels? Here's why the next 5 years for Britain will be very rocky indeed.

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✅ Timestamps & Chapters:
0:00 UK's Big Desperate Budget
2:39 Bonds Big Meltdown
5:21 UK Companies Face A Tax Nightmare
7:55 Sunak Blasts UK Economic Plan
11:24 Cost of Living Stagnation Crisis

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[coliv]

I dispute the idea that the US is spending on technology. It is spending on monopolies that will control technology, not develop it. For example, these tech monopolies are firing workers to increase their profits.

[criztaliz]

Because UK too busy telling other countries how they should run the government,
Boris, lizztruss and rishi snacks tells it all🤣🤣

[darkmatter]

But but but, they follow "rules-based order", that should be enough to get them by. 😅

I cringe every time I hear that from smug and hypocrite Brits so news of their economic (and social) decay is so satisfying. 😅

[michaeldahill]

billions to Ukraine while the economy is on life support... in what world does that male sense... all the imperialist countries are feeling the pain of their evil endevours... the chickens have come home to roost....

[lexsteel]

The UK has been the butt of jokes for quite so.e time now. A former colonial empire, who still dreams of its past glory days. And attach themselves to the leg of the US for dear life. Theur not quickly becoming irrelevant, they have been irrelevant for quite some time now.

[SterileNeutrino]

> The UK is one of the leading donors to Ukraine, alongside the US and Germany. To date, the UK has pledged £12.8 billion in support to Ukraine since February 2022, of which £7.8 billion is for military assistance. This includes £3 billion for military assistance in 2024/25.
> The UK is providing both lethal and non-lethal weaponry, including tanks, air defence systems and long-range precision strike missiles. While the UK has committed to training Ukrainian fast jet pilots, combat fighter aircraft will not be provided.
> The UK is also hosting a training programme (Operation Interflex), which is supported by several allies. Over 45, 000 Ukrainian personnel have been trained so far.
It is also the country that has told Ukraine to immolate itself on the altar of NATO expansion. "We will help you" it said.

[MASMIWA]

Lets see. The UK plans to tax UK companies to survive. What if there are no UK companies to tax?

[delongbear]

The English haven't had an original idea since, forever! If you're trying to understand what is happening here with innovation just look at them, the government at the behest at their industrialists have killed innovation and their economy.

[shaunseow]

Day of reckoning is finally here for them.

[tommyNix]

The UK is rapidly losing its culture and ethnic heritage. And now the debt burden will force millions into poverty. Sad.

[Pironi]

UK 🇬🇧 Here ! Sean Starmer promised Growth but we are heading for Low Growth, Higher Taxes and a Contracting Economy!

[erikwarfield]

By some estimates, the "Royal Family" makes upwards of £500, 000, 000 from taxpayers... 🤔 Guess that's how they stay so rich.

[lesleyriseam]

I live in a small town . 8000 people . The biggest employer locally is making 60 people redundant .
That is 60 jobs in the only large manufacturing company . All other employers are small service based suppliers also hit by the NI and minimum. wage issues .
The budget will make many people long term unemployed .
It will result in farms closing when the farm changes generations .
This for us locally will mean lots of empty business premises .

[bristleburger]

I operate a business in the UK and have decided to shut it down as a result of the tax increases.

[williengchinguan]

Living in past glory with no more countries to plunder.

[tuppenceworth]

UK is still living in the past as in the days when it was a colonial power, and able to exploit its colonies and send gunboats to enforce one-sided trade deals (as in Opium Wars). This makes it difficult to adjust to the new world order. We saw this happened when it voted to leave the European Union to regain what it called "sovereignty" and "independence" but, instead, cut itself from the world's large trading bloc.

[FightforDecency-elements]

Yes, not being monetarily sovereign makes a big difference on how you spend your money. Finally bottom monetary theory is the reality.

[mohmoony]

So did king Chucky pay his inheritance tax when Liz passed away? Ya, didn’t think so.

[pauline-oq]

Rocking those NVDA, PALANTIR, TSLA, and APPL shares! Holding onto them for the long haul sounds good, but hey, I'm all up fort grabbing those short-term chances too, aiming for that sweet $400, 000!

[MnemonicCarrier]

The UK has the highest consumer electricity prices in the world! Well done, UK! Well done!!!