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Date: 2024-05-15 Page is: DBtxt003.php txt00025313
UNITED KINGDOM
MULTIPLE ECONOMIC PROBLEMS
Joe Blogs: UK in Deep Trouble as Birmingham Declared BANKRUPT, House Prices Crash & Economy Continues Slow Down

Original article: https://www.youtube.com/watch?v=ld9RGkcwPLY
Peter Burgess COMMENTARY

Peter Burgess
UK in Deep Trouble as Birmingham Declared BANKRUPT, House Prices Crash & Economy Continues Slow Down

Joe Blogs

Sep 5, 2023

319K subscribers ... 139,279 views ... 7.7K likes

#brexit #WW3 #NATO

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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 5.25%. Birmingham City Council, the 3rd largest City in the UK, has declared itself BANKRUPT and cannot continue to pay for essential services. More Interest Rate Rises are likely and as the majority of mortgages are fixed for less than 5 years this is going to cause massive problems in the housing market. 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
  • 3:05 BIRMINGHAM
  • 5:41 HOUSING
  • 10:01 PMI
  • 12:01 INFLATION
  • 15:05 FOOD INFLATION
  • 17:03 INTEREST RATES
  • 18:12 GDP
  • 19:53 SUMMARY & CONCLUSION
#uk #unitedkingdom #brexit #ukraine #russia #inflation #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3

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