Britain Is Going Bankrupt! The Tipping Point Just Moved 10 Years Closer! | Alastair Irvine #29
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Learning: Unstructured
Could Britain be only a decade away from losing control of its debt? An expert on macroeconomics and geopolitics, Alastair Irvine warns that the UK’s finances are “bad and getting worse” and explains why he believes World War III has effectively already begun.
Alastair Irvine is Investment Director of the Jupiter Merlin Portfolios, where he has spent the past decade analysing the global economic, political and geopolitical developments affecting financial markets.
In this conversation, he explains:
■ Why the UK’s debt trajectory could become uncontrollable between 2036 and 2046
■ How UK government debt could reach 300% of GDP by 2076 if its current trajectory continues
■ The four most dangerous things a prime minister could do to the British economy
■ Why Britain may need a £100 billion national defence loan
■ Why he believes World War III has effectively already started
■ How consumer prices have risen by approximately 30% since the beginning of 2021
■ Why Japan’s economic reforms have created a major opportunity for global investors
00:00:00 Intro
00:02:31 How Bad Are the UK’s Finances?
00:05:47 When Could Britain Lose Control of Its Debt?
00:07:38 Can Andy Burnham’s New Cabinet Turn Britain Around?
00:08:28 Which Cabinet Appointment Offers the Most Hope?
00:10:53 Is Britain Heading for a “Red October”?
00:12:26 How Can Britain Raise Living Standards?
00:15:44 The Four Most Dangerous Threats to the British Economy
00:16:25 Should Britain Reopen the North Sea Oil and Gas Fields?
00:18:42 How Norway Built a $2 Trillion Sovereign Wealth Fund
00:21:08 Why Is Kemi Badenoch More Popular Than Her Party?
00:22:56 Should Britain Give Its New Prime Minister a Chance?
00:26:18 How Can Britain Afford to Rebuild Its Armed Forces?
00:33:54 Could a £100 Billion Defence Loan Protect Britain?
00:37:55 Has World War III Already Begun?
00:40:56 What Happens When Putin’s Popularity Falls?
00:43:47 How Extreme Is Iran’s Revolutionary Guard?
00:47:41 How Trump’s Iran Strategy Backfired?
00:50:24 Could Saudi Arabia Become a Nuclear Power?
00:54:32 Where Is Inflation Heading Over the Next 30 Years?
00:58:06 Why Official Inflation Doesn’t Match the Cost of Living
01:00:05 What Can the Price of Skittles Tell Us About Inflation?
01:01:05 Why Is the US Economy Growing Faster Than the UK?
01:03:37 Why Are Japan’s Economy and Stock Market Thriving?
01:08:34 Why Warren Buffett Is Investing in Japan
01:07:45 Disclaimer
For more of Alastair’s analysis on global markets, economics and geopolitics, follow him on Substack.
Follow Alastair:
Substack - https://substack.com/@alastairchirvine
Alastair Irvine is Investment Director of the Jupiter Merlin Portfolios, where he has spent the past decade analysing the global economic, political and geopolitical developments affecting financial markets.
In this conversation, he explains:
■ Why the UK’s debt trajectory could become uncontrollable between 2036 and 2046
■ How UK government debt could reach 300% of GDP by 2076 if its current trajectory continues
■ The four most dangerous things a prime minister could do to the British economy
■ Why Britain may need a £100 billion national defence loan
■ Why he believes World War III has effectively already started
■ How consumer prices have risen by approximately 30% since the beginning of 2021
■ Why Japan’s economic reforms have created a major opportunity for global investors
00:00:00 Intro
00:02:31 How Bad Are the UK’s Finances?
00:05:47 When Could Britain Lose Control of Its Debt?
00:07:38 Can Andy Burnham’s New Cabinet Turn Britain Around?
00:08:28 Which Cabinet Appointment Offers the Most Hope?
00:10:53 Is Britain Heading for a “Red October”?
00:12:26 How Can Britain Raise Living Standards?
00:15:44 The Four Most Dangerous Threats to the British Economy
00:16:25 Should Britain Reopen the North Sea Oil and Gas Fields?
00:18:42 How Norway Built a $2 Trillion Sovereign Wealth Fund
00:21:08 Why Is Kemi Badenoch More Popular Than Her Party?
00:22:56 Should Britain Give Its New Prime Minister a Chance?
00:26:18 How Can Britain Afford to Rebuild Its Armed Forces?
00:33:54 Could a £100 Billion Defence Loan Protect Britain?
00:37:55 Has World War III Already Begun?
00:40:56 What Happens When Putin’s Popularity Falls?
00:43:47 How Extreme Is Iran’s Revolutionary Guard?
00:47:41 How Trump’s Iran Strategy Backfired?
00:50:24 Could Saudi Arabia Become a Nuclear Power?
00:54:32 Where Is Inflation Heading Over the Next 30 Years?
00:58:06 Why Official Inflation Doesn’t Match the Cost of Living
01:00:05 What Can the Price of Skittles Tell Us About Inflation?
01:01:05 Why Is the US Economy Growing Faster Than the UK?
01:03:37 Why Are Japan’s Economy and Stock Market Thriving?
01:08:34 Why Warren Buffett Is Investing in Japan
01:07:45 Disclaimer
For more of Alastair’s analysis on global markets, economics and geopolitics, follow him on Substack.
Follow Alastair:
Substack - https://substack.com/@alastairchirvine