Economist Explains Why The Cost Of Living Crisis Is Not Over

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  • Опубликовано: 30 ноя 2024

Комментарии • 67

  • @gingerkilkus
    @gingerkilkus Месяц назад +80

    Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

    • @fadhshf
      @fadhshf Месяц назад +4

      In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.

    • @hasede-lg9hj
      @hasede-lg9hj Месяц назад +3

      True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $250k...that's like 7times more than I average on my own.

    • @lowcostfresh2266
      @lowcostfresh2266 Месяц назад

      @@hasede-lg9hj This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?

    • @lowcostfresh2266
      @lowcostfresh2266 Месяц назад +1

      This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?

    • @hasede-lg9hj
      @hasede-lg9hj Месяц назад +1

      Annette Marie Holt is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

  • @grahamdrummond2412
    @grahamdrummond2412 Месяц назад +13

    Before I've even watched all this, it annoys me when people discussing it on the TV, refer to it as the ' current ' cost of living crisis, as if it's a temporary thing, when you absolutely know it's only going up & up, & has done massively already.

    • @yo-a
      @yo-a Месяц назад +3

      And the ‘current crisis’ has been going on for at least two years.

  • @Extiiinct
    @Extiiinct 18 дней назад +3

    It feels a bit odd to see two people smiling at each other while discussing an issue that negatively impacts so many people.

    • @Sweetie8387
      @Sweetie8387 День назад

      Yeah did think the same, so strange

  • @durudadlani1931
    @durudadlani1931 Месяц назад +2

    Make it cheaper, so people can afford it. Cheaper prices, cheaper rents, lower rates on borrowings, mortgages, etc etc. This was the Golden Rule practically applied by Arthur Nash of Ohio to his tailoring business...made it thrive. Common sense, ain't it.

  • @stephenbrown4211
    @stephenbrown4211 Месяц назад +5

    That’s easy, Rachel Thieves

  • @wendyparry437
    @wendyparry437 8 дней назад

    It is a crime that people on unempoyment benefit are living well below the poverty line . Is this not a human rights issue . you can gage how good a Govt is by the way they look after there population . In Tibet they have a Govt that takes surveys on how happy the population is and make it a policy to care about happiness etc.

  • @jimmason1072
    @jimmason1072 Месяц назад

    So a carrot in November 2019 cost 1 lb. that carrot when to 1 lb 50 by 2021...then 2 lb. by 2022...the government doesn't see that even 1.7 % on inflation is still to high when the price if that carrot has doubled.....when your pay has one gone up 20%

  • @shazoids
    @shazoids Месяц назад +4

    Love these two so much more down earth than some of the total self promoting sheisters on RUclips and other social media. In summary we are all totally screwed!

  • @Nevertalked
    @Nevertalked Месяц назад +1

    Not just food, have to buy shampoo, toiletries, hair dye cleaning product's or hsve germs and people get sick

  • @2525Hudson
    @2525Hudson Месяц назад +5

    The rent which will be charged will have no link to inflation, as the numbers of houses and flats decline (due to landlords selling up), the supply drops....... what landlords like myself can charge goes up and up. It matters not how much our mortgage is, or if we even have one (i don't), its a business and if we can charge market rate, we will do. The cost of housing is one of the very biggest debts people have, and this current crop of govt are making the whole situation worse with the RRB and EPC C. Hang on tight folks. 🤐

  • @james2479
    @james2479 7 дней назад

    The cost of living crisis is made up! The reason for the rise is greed. Take a look around.
    1. Banks: There's less branches, less branch workers, less overheads but interest rates go up?
    2. Energy: Up and down the country we see more and more wind farms, more renewable energy more competition but the prices keep going up?
    3. Food: Food portions are getting smaller but more expensive look how big things were 20-30 years ago at a fraction of the price. But now we get less for a stupidly high price.
    Just the 3 examples are huge because they affect every single one of us. They are squeezing everything they can out of us for one reason. GREED. Untill company's are boycotted like Cadbury, BP and shell, withdraw your money from banks. The so called cost of living crisis will continue to get worse.

  • @StephanieSimon-q2j
    @StephanieSimon-q2j Месяц назад +16

    Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude

    • @LucyVade
      @LucyVade Месяц назад

      I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

    • @FavourGift-en6en
      @FavourGift-en6en Месяц назад

      Assets that can make you rich
      *FX
      *Btcoin
      *Stocks
      *Gold
      *Real estate

    • @StephanieSimon-q2j
      @StephanieSimon-q2j Месяц назад

      Ms Sonia understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch

    • @ChristianaEjimofor
      @ChristianaEjimofor Месяц назад

      Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy..

    • @dyer-ie3pj
      @dyer-ie3pj Месяц назад

      hello from norway I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife,$35k biweekly and a good daughter full of ❤ I’m forever grateful Sonia karen

  • @Ruby-n7jsss
    @Ruby-n7jsss Месяц назад +4

    I love this, really useful to have this discussed in an accessible way - and not by an old scowling man. I would like more of these please.

  • @HarleyButler-ox3qn
    @HarleyButler-ox3qn Месяц назад +7

    There is no way these overpaid Journalists feel like they have "no money when they get paid"

    • @thycatalyst
      @thycatalyst Месяц назад +9

      Overpaid? theyre paid a pittance.

  • @bitcoinworld6288
    @bitcoinworld6288 Месяц назад +3

    lol, why? REASON > The currency being used is inflationary by design. The currency is flawed, get used to it and find ways to fight inflation. GL playing the game :)

  • @davidjenkins1288
    @davidjenkins1288 Месяц назад

    inflation is a compounded number .simple maths how come this economist has not said this it is basic GCSE Maths

  • @kk-xj5oz
    @kk-xj5oz Месяц назад +1

    Inflation will be back with a vangeance

    • @stumac869
      @stumac869 Месяц назад

      Why, the monetary supply is contracting. It'll go back up if the government starts monetising debt (money printing) to pay its way. Prices are still rising because wages are rising but that'll not last long as we slide further into recession. The only exception will be housing because demand is outstripping supply because of immigration (UK).

    • @kk-xj5oz
      @kk-xj5oz Месяц назад

      @@stumac869 that's what they like you to think. The fact is that the money supply is not contracting just growing in a slower speed

  • @YaoAnne-j7g
    @YaoAnne-j7g Месяц назад +1

    I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.

    • @DerickSams
      @DerickSams Месяц назад

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @ElizabethHansick
      @ElizabethHansick Месяц назад

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @DerickSams
      @DerickSams Месяц назад

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $100k passively by just
      investing through an advisor, and I don't have
      to do much work.. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @ElizabethHansick
      @ElizabethHansick Месяц назад

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience..

    • @ElizabethHansick
      @ElizabethHansick Месяц назад

      look up her name on the web for her website.

  • @alisonjones9089
    @alisonjones9089 Месяц назад +5

    Sorry ladies nothing new here. Poor people spend on wrong things. Example lottery and gambling. Plenty of opps if you put a little effort and self discipline in and stop blaming government and hard luck

    • @SteveEdwards-kh5hg
      @SteveEdwards-kh5hg Месяц назад +1

      Boy ur very judgemental.not a great attitude.unless u hav lived in their shoes don't judge.i help the homeless.people quick to judge thm too.i talk and provide for these less fortunate,the sexual abuse for both women and men is atrocious,trauma,mental health,abandonment,neglect,physical violence etc,yep most hav a sad story and deal with their trauma in diff ways.stop judging and care abt others.😊

    • @573lbt
      @573lbt Месяц назад +1

      Clueless. Absolutely clueless.

  • @erictuilaepa7506
    @erictuilaepa7506 7 дней назад

    She sounds kiwi

  • @BAmalakas
    @BAmalakas Месяц назад +2

    Wealth tax now

    • @Craig121000
      @Craig121000 Месяц назад

      You know that's not going to happen. 😁

  • @muhammaduddin9268
    @muhammaduddin9268 Месяц назад +5

    The Elephant in the room is Brexit.

    • @clarkhunt4014
      @clarkhunt4014 Месяц назад +2

      Have you seen germany ? Economy on its knees

    • @BAmalakas
      @BAmalakas Месяц назад +2

      It didn't help - maybe a baby elephant - but the universe scale elephant is wealth hoarding (people living off the work of others by owning debt)