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UK economy is heading for a 15-month long recession! Finance expert James Broadley discusses

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Finance expert James Broadley joins GB News’ Stephen Dixon to discuss the ‘depreciation’ of the pound, as the UK economy is heading for a 15-month long recession.

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30 Comments

30 Comments

  1. @peterhicks5590

    January 13, 2024 at 3:17 pm

    G7 /G20 is where the worlds top industrialists meet with the worlds top politicians ,the Bilder berg group and the think tanks & they study things like the worlds political stability Along with the worlds recources & who controls them .

    There has been a big shift in world trading ,the east has the bulk of the worlds resources

    As in China ,Russia and all of the countries that did not sign up to the self imposed Sanctions , new trading blocks have sprung up like the south American one that are trading With China /Russia /Turkey ect . The price of Cathode material has rocketed and that is used in all forms of batteries ,to mention just one .

    Did you go for the green cheap to run EV ? did you get a loan to pay for it ? have you worked out the extra interest , they said it was a lot cheaper to run than a petrol /diesel car but now its costing just as much as a petrol /diesel and that is going to get worse .

    The G7/G20 saw this coming so bought out the Paris accord other wise known as the big reset along with its ludercris net Zero ,where the price of everything goes up as in oil,fuel ,energy food ect so the Governments & corporations can build up their cash reserves to get through the coming Market crash .

    The Paris accord is a system where emissions taxes & charges are applied to the energy thaats used to manufacture the items . If an item cost £1 to make prior to the accord its now going to cost the buyer appx £1.50 or more because the carbon tax is lumped on to the raw materials ,the transport of them & then onto the manufacturing processes & then the transport to get them to your door or the place that sell it ! /

  2. @jamescoppin7845

    January 13, 2024 at 3:17 pm

    State of his tie

  3. @trevorluft6032

    January 13, 2024 at 3:17 pm

    Because the wealth is being transferred through a magic word called inflation

  4. @TheCaverLady

    January 13, 2024 at 3:17 pm

    Well that didn't clear up any "confusion"

  5. @charlesoleary3066

    January 13, 2024 at 3:17 pm

    15 month recession my a
    This will be worse than that

  6. @nicyooyak7942

    January 13, 2024 at 3:17 pm

    So is the Euro, both currencies crashed against the dollar.

  7. @hugodrax71

    January 13, 2024 at 3:17 pm

    And the Daily Mail still devoting thousands of words to Meghan Markle

  8. @shrunkensimon

    January 13, 2024 at 3:17 pm

    You vill own nothing!!

  9. @nickt1275

    January 13, 2024 at 3:17 pm

    The cost of living crisis is the great reset. Covid was the set up, it's very clear now. Change is needed at the top.

  10. @edenbreckhouse

    January 13, 2024 at 3:17 pm

    15 months? I'd say that's a mite optimistic.

  11. @DavidJones-xr6op

    January 13, 2024 at 3:17 pm

    Specialising in currency crashes ,must have been taught by george sorros he’s be a part of loads 🤔

  12. @mike747436

    January 13, 2024 at 3:17 pm

    Sterling crisis looms…

  13. @johanschmidt3228

    January 13, 2024 at 3:17 pm

    Tax the corporations ,put it up to 40% where it use to be instead of the pittance these tax dodgers pay , they pay the minimum they can get away with and this trickle down bs the elites push for the reason not to tax. The money they generate goes out of the country anyway and drop tax for middle or small businesses , put minimum wage up to £15 so we don't subsidise poor payers through allowances which would relieve taxes. The old nationalised industries like energy and water should be brought back by making them pay for upgrades like new reservoirs then make it so unprofitable they hand them back

  14. @paulmartin6249

    January 13, 2024 at 3:17 pm

    We deserve this, we all expect something on a plate and want it for free, we'll its all coming home to roost. Western Gov babysat to many just printing money, China Russia working West with covid and war. Don't moan we all have just let it happen. You can't have it all.

  15. @henrycooper868

    January 13, 2024 at 3:17 pm

    I think it is more likely for BTC to retest the resistance to the upside and then move lower. But as always, things change on a daily basis and all we can do is to trade responsibly and keep track of the markets and re-evaluate our strategies frequently. I want to thank you Mr Louis Alfano. For being my source of crypto education, As I am comfortably making 9.5 BTC.

  16. @danielmoncaster3216

    January 13, 2024 at 3:17 pm

    A 15 month recession is a depression…

  17. @totallybonkers2447

    January 13, 2024 at 3:17 pm

    15 months did you misspell years by any chance 🙄

  18. @stequality

    January 13, 2024 at 3:17 pm

    The great reset

  19. @MJ-YT-USR

    January 13, 2024 at 3:17 pm

    If £400bn is the correct number, the UK Government spent something in the region of £14k per household on Covid measures.

  20. @youngsteph1

    January 13, 2024 at 3:17 pm

    If we head for only a 15 month recession I will be amazed.

  21. @francescostello1377

    January 13, 2024 at 3:17 pm

    You don't day, what economy? We have financialised one since the 70s, devoid of Manufacturing and production. We're totally and utterly bankrupt , which is why this government have been in overdrive, printing worthless fiat helicopter money for decades. Multi billions of tax payers money, spent on the covid scamdemic, with still no cost benefit analysis. Billions on Ukraine, for a war that should never have happened. Then Add to that the global bankers robbery of 2008, recession is a mild world, more like total collapse as planned.

    .

  22. @generaldreedle2801

    January 13, 2024 at 3:17 pm

    More like depression. We’ll be lucky just to have a recession.

  23. @kennygregg9571

    January 13, 2024 at 3:17 pm

    15 month recession is wishful thinking.

  24. @MJ-YT-USR

    January 13, 2024 at 3:17 pm

    Everyone should keep in mind what happened in Cyprus in 2013. In case you've forgotten, there was a huge one-off tax on cash savings – justified by "its this or the entire economy collapses" But given the UK National Debt is now somewhere in the region of £90k per household, such a measure would make very little difference.

  25. @Scientist538

    January 13, 2024 at 3:17 pm

    to sum it up in laymens: we're all fucked

  26. @MJ-YT-USR

    January 13, 2024 at 3:17 pm

    Be it a credit crunch, a major war or another pandemic; the UK is now one major event away from total bankruptcy. And if/when the UK (or pretty much any other country for that matter) does go bankrupt, that's game over! All the money will be called back in, debts will be settled as much as possible and then off we go again! Those with wealth in assets rather than cash will be protected – hence Gates and his big land grab.

  27. @jacksimper5725

    January 13, 2024 at 3:17 pm

    And the Euro is going down as well .Germany is effectively bankrupt so cannot hold up the Euro now according to their main banks

  28. @garyevergreen5035

    January 13, 2024 at 3:17 pm

    Depends on when will US Fed stop hiking rates.

  29. @valuetraveler2026

    January 13, 2024 at 3:17 pm

    UK is going to be bailed out by the IMF – Sri-Lanka tier!

  30. @paulslater9061

    January 13, 2024 at 3:17 pm

    Who's responsible for it all

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