Why is UNITED KINGDOM going BANKRUPT? : UK's economic crisis Explained in simple words

Spread The Viralist



Guaranteed job in Data analyst:- https://bit.ly/3y6v5Jk
Use code:- “TS30” for 30% fee discount

Join our communication masterclass to master the art of storytelling
https://www.thethinkschool.com/s/store/courses/description/Communication-Masterclass

VIDEO INTRODUCTION: The united kingdom is witnessing one of the worst economic crises in its history!! and the Russian gas cuts have triggered such a catastrophe for the UK economy that now inflation has touched a 40-year high at 9.9%, energy bills have shot up by almost 100% in spite of capping and most importantly, the pound has become one of the worst performing currencies, with its value dropping by 24 % against the dollar!! On top of that, the newly elected prime minister has come up with something called the Mini budget that further triggered a disaster such that, its now snowballing from an energy crisis, into a debt crisis, into a housing crisis, into a currency crisis and may be even a banking crisis!! 
The question, is what is so terribly wrong about the Uk that its economy has turned into such a disaster?
How is this mini-budget triggering an economic catastrophe?
and most importantly, as students of business what are the study materials to help you understand this economic crisis in the united kingdom?

Think School is a Digital School that we all deserved, but never had
►►Check out Think School’s Online courses: https://www.thethinkschool.com

►Books Everyone should read:
1. Sapiens: https://amzn.to/3wIqqtG
2.Jab Jab Jab Right Hook: https://amzn.to/3eb36ym
3.Presuasion: https://amzn.to/3nF4Xi8
4.Start with why: https://amzn.to/2R7UHCW
5. Culture code: https://amzn.to/3tfaxsZ
6. Hooked: https://amzn.to/2R9G9CM
7. I will teach you to be rich: https://amzn.to/3AUDLSO
8. From Third world to First: https://amzn.to/3yQSjAV
9. This is Marketing: https://amzn.to/334VNlL

🎧 Want to buy the equipment we use?
1. Our Laptop: https://amzn.to/3z66odv
2. Our Mic: https://amzn.to/3liQQyi
3. Camera Stand: https://amzn.to/3z8l3ov
4. Mobile holder for stand: https://amzn.to/3xgCF25
5. Laptop: https://amzn.to/3gMYXRi

► Invest in the Stock Market : https://zerodha.com/open-account?c=ZMPUJE

✅Study Materials:

https://www.niesr.ac.uk/wp-content/uploads/2022/09/A-Variable-Energy-Price-Cap.pdf

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1105989/CCS207_CCS0822746402-001_SECURE_HMT_Autumn_Statement_2022_BOOK_Web_Accessible.pdf

✅To support our work you can donate here: https://www.instamojo.com/@thinkschool

#indiaovertakesUNITEDKINGDOM #uk #recession
#thinkschool #businesscasestudy

source

Recommended For You

About the Author: Think School

40 Comments

  1. Our Politicians have been destroying OUR Country for years. Every topic has been drained to dirt, Crime,Standards,Immigration, giving away our Gold,Cars, ship-building etc. DESTROYING our Country.

  2. Odd aint it. I thought the Tories would throw a couple of million of their illegal entrants out. But heres a far cheaper way of doing it. Turn off the heating. I wonder how many will realise they were better off in the homellands, where they had to work for an income. Freeze them out says Truss. And off go a couple of million , saying better to work for a living and be warm, than freeze to death free ofcharge.

  3. Wonderful . How did the UK pop up Arvind Kejriwal . But don't worry the US needs a poodle and they will take care . Afterall who will do all the bidding in the energy war . We have a great poet , his name is Kalidasa . He chopped off the branch on which he was sitting , and you know the rest . Liz Truss undergoes the effects of Kalidasa Syndrome .

  4. Russia did not initiate the weaponisation of energy. It was EUK who sanctioned it. Once you analyse this clearly, it puts the responsibility (i.e. ability to respond) back in our hands. Blaming Russia gives away our power. You can’t solve a problem unless you see its causes clearly. Other than that, useful video.

  5. Excellent cryptonaire course here is a complete beginner guide. I now have a core understanding of how to start trading forex. Learn what crypto is, what we trade & how to make money trading forex. Many need to know how to trade or invest in forex/Bitcoin because their are tired of losing and it frustrating

  6. UK made 180 billion with oil and gas import by private company UK made money for outside private company when uk could have had loads of gas and oil this winter and lizz give many new company license so UK will get used again.. death of the pound and dollar is coming

  7. who is poor in UK .. their minimum cost of wage per hour is 11.05 pound per . So it is not a big matter to them .What is the minimum labour cost of India and how much is the elecricity cost . seems he is trying to justify the modis policy . Nothing is going to happen for UK .Israel and Lebanon had came to an agreement in the sea border and soon Israel will starts its gas production in their border and can supply to the whole european nations .That will helps whole european nations and no need to depend upon on Russia for gas.

  8. I don't think Russia caused the British trouble. Our stupid government did what it was told by the USA. No we brought all this mess on to ourselves.

  9. In typical fashion of failing empires, Britain is hell bent on pushing others down by hook or crook to ride over others. It will not work.

  10. They looted $ 7trillion + from India over 200 years…and in just 75 years they f-ed up their economy…that talks volumes about the quality of the British brain 😂😂😂😂

Comments are closed.