UK in Deep Trouble as Wages Spiral, Triple Lock Pension, Unemployment Rises & House Prices Crash
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The United Kingdom is in the grips of a Crisis as GDP falls and prices rise. The combination of Brexit and Rising Market Prices has caused Inflation to Soar and resulted in 14 consecutive Interest Rate Rises. This is now causing major problems in the economy and as Inflation is at 6.8% and Interest Rates have risen to %. WAGES increased by 8.5% in the 12 months to July and this is now exerting more pressure on Inflation, will result in a PENSION increase of at least 8.5% die to the TRIPLE LOCL and is likely to result in more Interest Rate Rises. In addition the level of UNEMPLOYMENT is also rising. In this video I look at the current situation and what is likely to happen over the next 3 to 6 months.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
3:24 WAGES
7:03 PENSIONS
9:22 UNEMPLOYMENT
11:04 INTEREST RATES
13:31 HOUSING
17:30 SUMMARY & CONCLUSION
#uk
#unitedkingdom
#brexit
#ukraine
#russia
#inflation
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
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