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🚨 BRACE YOURSELF! The UK Is Heading For A Massive Economic Shock (Pensions Will Never Be SEEN...)πŸ”₯

Neil McCoy-Ward12 views
0:00

Brace yourself as the UK is going to head into a massive financial crisis and for some of you why this video is so important is because many of your pensions will never be paid.seen.So we've got a lot of fresh data today.We've obviously talked about pensions a lot on the channel.I've helped thousands, if not tens of thousands of you to protect your pensions over the last five years.And I know because I get the email still every day, a lot of your pensions have done well as a result.

0:34

So we want to talk today about some of the things the government's announced a lot of the things that we've got these new reports new surveys that have come out we have everything from consumer confidence to life expectancy all these things have really hit just in the last two days here so let's give you an update so you are fully informed of what is taking place place.Now I want to begin with some breaking news that has actually come out around food and then we're going to go into all the pension stuff right now.So we've just had this come out, the full force of the Iran war will hit food prices soon, supermarkets warn.Now of course we've been talking here on the channel for the last four or five weeks about food prices but now this has just come out this morning, you see the 28th of April here, it's just come out this morning.So what are we talking about here then?Well then media has finally caught up with everything around what's about to happen.

1:37

So let me give you a breakdown of this.Shoppers are being urged to brace for soaring food prices and supermarkets have warned that the war in Iran is going to hit shelves imminently and they advise that you prepare for this.Now that's interesting because they normally don't say that.It's actually, the government will say the opposite.They'll saynothing to worry about you don't even need to prepare but the supermarkets are saying you should probably prepare for this now and the reason for that is because they can actually order more stock in if you're starting to buy it now whereas if people start waiting for weeks or a couple of months then the impact is going to be hit a lot harder.

2:19

So this came from the BRC, this is the British Retail Consortium, and they said it's not going to be long now before the Middle East conflict starts to ripple into significantly higher grocery prices.They gave the warning as they said that retailers are already under significant pressure making it unlikely they're going to be able to absorb the cost increases in time.And of course they'll have to pass that on to you.So I'm not going to go on to talk a lot about food today and food pricing because we covered that last week in another video.but just make sure that you are prepared and you're not like my friend who I always talk about, who keeps zero food in the house, zero long life food.He only eats fresh food and he goes to the supermarket every day to buy it, right?

3:06

I mean, it's madness, as I always tell him.Make sure you do have some long life food just in case any of these worst case scenario shocks do actually hit.So there's your first point for today's video.It goes on to say supermarkets are under particular pressure from the war due to soaring oil and gas prices, which are set to filter into greenhouse costs for vegetable growers and more expensive feed for pigs and chickens.OK, what they've completely missed from this entire article is they're really only talking about a small percentage of the impact here.They're talking about the cost for growers and more expensive feed, etc.

3:50

What they've completely missed is the fertilizers.is going to add way more in cost than just the natural gas and oil as well as diesel the fertilizers are what we're down a third you're down 20 in oil you could actually say it's up to 30 % if you include Russia and some of the other things but you're down 20 % in oil but you're down over 35 % in fertilizer anywhere up to 40 % at this point and the Ukraine, Russia and fertilizer a lot of that's offline so you're probably over 40 -45 % right now on across the board on different fertilizers and that's not an exact number but This is why I think this is going to be hitting a lot harder.You're not going to see it immediately because a lot of the crops are in the ground, depend on different countries and when they're being harvested.But some farmers are not planting.You look at what's happening in the US and you look at the bankruptcy rates on US farms right now, they can't, the fertilizer are too expensive.So this is what you're going to see as well.

4:53

This is going to filter through.How they missed that point, I'm not sure.The chief executive of the BRC said, we're yet to see the full force.It won't be long before this begins to absolutely hammer, basically, just hammer British families.Although it's not just British families, it's going to be most families.Food and drink inflation was almost 20 % in March of 2023 because of higher energy costs and supply chain disruption, which pushed prices up.

5:25

You think that was 20 % as a result of higher energy costs and supply chain disruption?That was 20 % just from those two things.

5:34

What do you think is going to happen with this massive increase in energy losses and all of the fertilizer?This is going to be biblical in nature.This is not going to be good, let's just say that.We expect this to see coming through the economy in the coming months and they don't think the peak inflation is going to hit for months, months yet.And that's why we always talk about gold and silver on the channel.We'll briefly talk about that today if we have time.

6:05

So retailers already face mounting costs from all of these domestic policies from the Labour government.with over 10 billion pounds added, which has been passed on to consumers.That's why people keep saying, I don't know.I don't understand it, Neil.I'm earning more.But when I when I look at the end of the month, I just haven't got much money in my bank account.

6:28

Well, my friends, it's because the government is putting all these stealth taxes in.You're just not seeing it.There's so many more taxes that they keep enacting.And there's going to be even more because you don't see the taxes that the companies pass on to you because they can't absorb a lot of them.Okay, let's go on to...OK, I mean, we've got this was another warning that came out as well.

6:55

We're not going to focus on food here, but this was another one.This was the Sainsbury's boss.

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He says, act now on energy or grocery bills will rise.So we've got loads and loads of these warnings.And again, what did I say?Look at the crude price is back up to one hundred and eleven dollars a barrel.Hundred and twelve dollars, we were told, is the peak.It's not going any higher because, you know, this is going away.

7:17

Well, look, we're Look at this line.This is going straight up.

7:22

$111 a barrel.The damage is already done.It's going to be absolutely shocking.Now, this is one I want to focus partly on today around pensions.So the people in the UK now spend fewer years in good health than a decade ago.Health Foundation says Britain is going backwards compared with most other countries.

7:45

So what are they talking about here?People in the UK are spending fewer good years in health than a decade ago.

7:52

And I want to talk a lot about this, because as I was going through the article, they said, this is a mystery.We can't figure this out.The health in the UK is plummeting.Men, two years off the healthy life expectancy.Women, three years.And women have always had a much longer life expectancy.

8:11

And they're saying, well, I don't know.we've got all these increases in cancers and all these other things and they're saying it's a complete mystery, we just can't figure it out.I think we can figure it out.I think we do know why all of a sudden, decades and decades of data and then all of a sudden the last, since 2021, 2022, all of a sudden we have this massive spike in all these issues.And the life expectancy drops by two to three years.This is healthy life expectancy, slightly different to life expectancy.

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8:45

OK, so one is about how healthy you're going to be up until a point.So it's I'll give you the stats in a moment.I've got it somewhere, but I think it's it's fallen to 60 in men.

8:57

So it was about 63.It's fallen to 60, almost 61 in men.So what that means is that at that point, men at that age no longer have good health where they can actually enjoy their life.

9:10

They have some sort of disease or an illness that just really negatively affects their life.And for women, it fell from almost 64 to 60 .9.

9:22

So I've got it here.So this is absolutely just terrible and when we go into the pension age this is why i always say i don't think a lot of people will ever reach that pension age just doing the calculations now on the in my head here on the on the

9:40

of most people, you've already got 17, 18 % of people never even live to their pension age.They don't get their pension because they pass away before that.So now they're increasing this.In fact, let me go onto the data on this so we can talk about it.So now, Here we go.Let me show you this chart.

10:04

I've got a chart for you.I know you like your charts.So here's the charts.Years of healthy life expectancy at birth.

10:10

Look at this.This is plummeting.Absolutely plummeting for men and women.And no one can figure it out.It's a mystery why this is plummeting.Look at, here it starts here.

10:23

So it says 2017 to 2019 is there.And then Here is your sort of 21 period, 22.All of a sudden, and they say, they actually say in black and white here, that this is not due to COVID.I'm going to show you when I find the text here.They say this is not due to COVID.Bit strange that they'd say that.

10:47

The decline in Britain's health in recent years is so significant that in more than 90 % of the UK, people are suffering from an illness or a disease before the state pension age of 66.90 %!It was never this high before.

11:05

Of course, they also say it's nothing to do with the food.Oh, no, no, no.The food isn't causing any of this, is it?Of course not.It's interesting.I had a lot of comments, a lot of people as well on my Friday email were talking about how I was talking about my diet and how I cured most of my illnesses and diseases that I'd had and didn't even, I think for a lot of us, it's the same.

11:28

We have all these illnesses, we have these issues with our body, and we just say, ah, you say similar things,me ah i've had it for so long it's probably i can probably never fix it the doctors can't fix it and then yet i go through this health routine on my own with seeing a couple of specialists who are not in the normal healthcare system and all of a sudden I cure four major things I had in my body and my health.Four were cured just by changing my diet and a couple of other things.Now isn't that interesting?

12:02

And they say, actually when I went back to my doctor, he said, nothing to do with the diet, it's nothing to do with that at all, you know, and all this sort of nonsense talk.I find it very interesting that I cut out all the crap I eat very healthy, I eat things like butter now, whole milk, because you can't get raw, whole milk, some meat in the morning with some eggs, a bit of veg, stuff like that, similar for lunch, meat and vegetables, similar for dinner, meat and vegetables, water throughout the day is my, probably 95 % of what I drink, cut out most of the other stuff, sugars and all the other stuff, and all of a sudden, I'm in the best health, and I had a checkup recently, which is again, not in the normal medical system, and my age was seven years now below my actual age.

12:52

That's my health age.So it just goes to show with all of this.Gosh, we haven't even gone to the rest of the pension stuff.Let me stop waffling here.So the other thing it says is we're the most obese.

13:03

In fact, let me, before we even go on to that, let me just say one, let me do the gold and silver bits.We've got to cover that, haven't we?

13:10

So for those of you that want to know about what you can actually do there's so many things here's the gold and silver price look at the last five years okay it's now 3 400 pounds an ounce of gold now you've got to ask yourself what has changed during this period hmmAgain, is this a mystery?No, it's not.For all of you have taken my trainings on gold and silver, using it to protect your pension.This is in correlation with currency creation and the devaluation of the British pound.And we could do this chart for all sorts of other currencies as well.

13:49

You look at, in fact, let's just click on USD here.Let's load this up in real time.Look at the US dollar.Exactly the same.Even though there's been fluctuations between the different currency rates, right?There always is.

14:03

Look at the euro.This is not a mystery.This is why, when you look at just the last, let's have a look at the last, let's say last three years here, okay, for those of you who were buying it three years ago when I was advising it, look at what you'd have done, 114 % increase.Has your pension done that in three years?Has it done that in, what is it, in the last year?It's up 37 % in a year.

14:28

So these are the sort of things you've always got to be looking at as part of a diversified portfolio.Silver, look at silver over, you know, similar time periods, last five years, look at this.

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14:39

Now, These spikes were as a result of all the short squeezes and some other things, there was a lot of manipulation here.But I do think silver is going to do well.It's going to continue to run.

14:50

We've had this choppy period.Yes, I still think it's going to continue to run.And what was I going to?Oh, yeah.And then in terms of programs, and if you haven't taken my gold and silver program, mentioned this very briefly last week, but you can use this to protect your pension again as part of a diversified portfolio.You can use this so that you can try.

15:12

If you're going to move out of the UK or wherever else, you can actually the next video.yourself from inflation which they said they've confirmed is come in protect yourself from all the geopolitical shifts, secure your wealth from any government confiscation, everything's taught in the program, use the gold to silver ratio so that you can actually grow the portfolio as well.Honestly there's interviews with the top people in the world even geologists and mining experts and everything.

15:43

Now Even though there's a, I'm giving you a massive discount on this on a flash sale here.Huge, huge discount.

15:50

If you haven't got the funds for that and you just want to look at some other options, again, this is 100 % free for you.You don't need to pay me a penny.It's just my gift to you.

15:59

You can download this guide that I made for those of you who don't have the funds to take a program and invest properly into protecting your assets.Take this program.

16:09

absolutely free, download this guide.Okay, so with that said, let's go back to the article here.So the UK is now the most obese country in Western Europe and it is number one for, it says mental ill health.I think they mean mental health, but ill health has surged to unprecedented levels, only second in the world to South Africa.People are living with chronic health conditions and experts are baffled.Why do they always say this?

16:40

Experts are baffled.Why are you baffled?This is very simple, logical, common sense.You always look at, and here's a tip for you with most things that you do.If you're ever baffled by something, stop looking at things right now.And you know my models and how I've created all these models and forecasted things over the years.

17:00

I'll say, OK, things are bad now.They're not working.Well, when were they good?OK. 50 years ago 100 years whatever it is okay we've got periods here here here where things were really good well in that case let's take those periods and put them on a chart here and then let's look at what the correlations are ah what a surpriseit was food food was very different in these periods and now it's not good and now we've got obesity we've got mental health we got chemicals in the food we've got all this other stuff ah I wonder if that's anything to do with it hmm or is it I'm just baffled they say ah here we go here we go let me show you on here Neither COVID nor overall life expectancy, which remains stable, lie behind this fall.The findings help explain why a record 2 .8 million people are too sick to work.

17:54

What findings?There are no findings on that.They just say the findings help explain.What findings?They're saying 2 .8 million people are too sick to work because of all the mental health and other things.But there are no findings.

18:10

This is how they are just gaslighting the public now with all of these things.Now, this was even more disturbing.I've got to show you this one.Even more disturbing that came out almost a week ago now, and there's not much talk about it.Alarm raised as Britain's biggest pension scheme.This is going to affect a lot of you watching.

18:33

Plows cash into shadow banking.The state -backed trust, this is NEST by the way, National Employment Savings Trust, is about to plough in Β£30 billion of members' money into private markets by the end of the decade.So you're talking the next three and a bit years.They're going to, and look, they've caused alarm with plans to plough billions into private markets.of England, even though I'm not the biggest fan, he said this as well.He said, whatever you do, he put out a big bulletin, a memo saying, whatever you do to these pension funds, do not invest in the shadow banking.

19:21

It is going to collapse.Jamie Dimond said the same thing.Jerome Powell said the same thing.The ECB said the same thing.Do not invest into the shadow banking sector.It is going to collapse.

19:35

going to have a massive collapse, it's just a deck of cards, it's going to come down and they just don't know when.So what does the national, the government's national pension scheme do?They plough, you can't make this stuff up, you just can't make this stuff up, they're ploughing 30 billion pounds of your pension into this.This is going to be absolutely apocalyptic when this comes down.Don't take my word for it.Do your own research, okay?

20:09

But that is what I think is gonna happen here.13 million people, that's what they're putting in.13 million people's entire retirement pots are going in.Over 30%, this is on top of what they've already put in, of members' cash is going into this.Over 30 % on top of what they've already put in.Andrew Bailey, the governor of the Bank of England, said there is a meltdown of Β£2 .4 trillion in the private credit market and it could snowball into a 2008 financial crisis with the world facing a series of economic and financial shocks triggered by the Iran war.

20:54

This is mind -blowing that they are still doing this.And on top of the other aspects, look, the state pension age rise is declared not fair as UK healthy life expectancy falls to just 61 years old.So yeah, what they're doing here is they are raising, let me see if I can pull this up.Yeah, they're raising it.Look at, this is just staggering.They're raising it up again and again and again.

21:26

Even though they're healthy age now, healthy life expectancy is 61.This is gonna be going up to 67, 68, 69, 70 years old.30 % of you are never going to get this pension.70 years old when the healthy life expectancy is 61 years old.

21:44

I just don't, I just don't see it.But I will give you some silver linings though from some of the things taking place right now.And this is, yeah I did show you the Brent price, yeah I showed you the Brent price here and that was that it's at to The major oil producers and big UK energy firms, this is BP, Shell, Harbour Energy, etc.

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22:24

They've had a massive, massive profits, just staggering profits.So some of you might have seen your pensions go up a little bit because of the energy prices.But again, these have worked their way through with the profits now.But you're going to get and this is what the reports say, but you're going to get hit massively when this collapse comes in.

22:43

Now, I'm not saying there's a collapse coming.I'm just going off this report.a massive collapse.

23:00

And that's the main things from it.So they're saying that you can actually do well from the energy stocks right now.And just another quick one.

23:07

If you're not interested in, in gold and silver, which I, I hope you are, but if you're not, if you are more interested in the markets and finding these significantly undervalued stocks, I'll also give you a massive discount on my stock market program again today.It's been months since I put this on sale.So again, we'll just do a flash sale.on this for a couple of days here or a day.And this will show you how you can create your own pension in the markets, how you can actually build a recession proof portfolio.There's so many things that this will teach you.

23:41

It is the top selling course that I've ever created.It's outsold everything else.It's outsold some of the other courses 20 to one because it is such a strong course.We've got hundreds of testimonials on it where people have completely built their own pensions using the stock market.Okay, so the other thing we need to talk about then is why I think there's a major issue coming in for the UK as well, for the government, and they'll pass it on to you.

24:11

And this is the 10 -year bond yield.OK, let's go back a bit on this.Oh, gosh, we're still going back.Look at this.We're going back 10 years here.And you can see where the yield was, 1 .3, 1 point, yeah, about 1 .3 on average during 2017 to all the way through to, what, 2019 almost.

24:30

And then we had this big spike.And if you remember this in October 2022, and then again, we had it in September 23.The markets were panicking and the government was panicking over these high yields because, of course, it pushes up the debt and the cost of the debt.Well, now we've got an all time high.Look at this 5 .01 % here.And if we go down a little bit more as well.

24:56

Look, these are all green arrows.Look at this.This is really, really, it should concern everyone.We could even go to longer bonds as well here, but this is just, we've just gone to 10 year.If we go even longer, it's going to be even worse.That's what that's going to do then, is it will push up the prices then, it will push up, it's going to, Where do we even start with this?

25:22

It's going to feed into so much.It'll feed into mortgages.You've seen a lot of competition at the moment on mortgages, holding rates.It's going to feed into mortgages.It's going to feed into so many things here.It's going to push up the debt.

25:36

The government's going to need to finance that debt.How are they going to do that?Probably more taxes.Now, I did a very slight calculation here, just ran it through my spreadsheets.And I think that It's going to be in the next year that we're going to see inflation for sure.But I think that we could see some heavy inflation rises between years one and year three.

26:00

So this could be anything up to, it could be as high as 10%.I really think we could see that.And just remember, if you think that's a lot, that I forecast double digits during the lockdown sort of era.I said we could see 13, 14%, and we did get very close to that number.So just to give you some context here, that the last forecast I made on inflation was very accurate.Five to 10 years, this could mean we could see stagflationary measures if they don't get these bond yields down.

26:32

But people were just not interested in buying the bonds.Now, we've also had, look at this, worst fall for UK retail sales in over 40 years.Consumer confidence falls to the lowest level in over two years, even as retail sales return to growth.Yeah, but if people aren't spending, what we've seen is this sort of, it's the K -shaped economy that we've talked about for a long time.So we're seeing this K -shape right now.which is only going to get worse.

27:04

It's not going to improve, it's going to get worse.The rich are going to get richer, the poorer and the middle class are going to get poorer.The government is not doing anything to help, that's why you've got to take measures into your own hands.I know a lot of you have, I've helped you as best I can, whether you've got zero budget or whether you've got some budget that you want to invest in, you know, your own self -improvement and your finances and stuff.I've got you can go to the website my website as well there's free guides for you and webinars free you don't need to pay me a penny for for these things okay there's a lot of options but you've got to do something that can see minus 43 this isn't 43 this is minus 43 in consumer confidence now people are I thought this was quite funny it said the only measure to improve right across the indices that's just been released was the savings rate so they're saying this is a really great thing that the savings rate has increased that's not a great thing my friends and if you understand economics you'll know why When the savings rate increases, it means that people are tightening their belts and they're expecting a recession.When that's the expectation, it actually leads to a recession because it's all about consumer psychology.

28:25

Have you seen all of these articles as well?all of these massive collapses in retail.Well, why is that?We could talk for, I could go on for another hour just in all of the reforms that have collapsed the economy.All of this, all of the BRC as well, they're all saying the same thing.All of this is collapsing.

28:48

The government's saying, yes, but look, we collectedΒ£30 billion in wealth taxes.Again, Absolutely.They don't understand.They don't know what they're talking about.Wealth taxes lead to wealthy people leaving.

29:02

They take their money with them, which means less money for the people who are here.It's not just them taking their money with them, but they take their businesses, they take their jobs, they take their spending that they used to go into your coffee shop or your restaurant.They take that with them where they used to go into the retail where they used to buy a new car.They take all of that with them.The government just doesn't get it.They don't understand.

29:25

They don't get these things.And with that said, thank you so much for being a subscriber here.Really appreciate you.And take care.God bless.Check out those links I mentioned.

29:37

And apart from that, I'll see you on the next one, which will probably be Friday of this week.Bye for now.

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