Mark gives his thoughts on Trump’s recent tariffs including why it’s both a confusing and a poor choice for the U.S. He shares the economic problems with what Trump has announced and predicts what will happen next.

KEY TAKEAWAYS

• Trump has announced tariffs on China and over 70 other allies, which makes little economic sense.
• The U.S are consumers rather than savers which is the core problem with these tariff announcements.
• The tariffs may reduce imports but they are also likely to reduce economic growth.

BEST MOMENTS

"The markets have been up and down like a whores drawers”

“The U.S does have a big current account deficit”

“There is a 60% chance of a U.S recession after this”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

Mark gives his analysis of the UK's dire economic situation following the spring statement. Mark talks about the current national debt and reveals why we're caught in a dangerous doom loop of increased spending, higher taxes, and reduced growth. He dissects the chancellor's recent announcements, calling most of it "just noise" while highlighting the critical issues that politicians aren’t properly addressing.

KEY TAKEAWAYS

• The UK's debt crisis has reached critical levels at approximately 100% of GDP (£2.65 trillion), with interest payments alone now costing taxpayers £105 billion annually which is nearly 10% of all government spending.
• Government spending is £1.27 trillion yearly (roughly 50% of all money generated in the economy), with welfare representing the largest portion at £313 billion, yet the chancellor's proposed cuts amount to less than 2% of this budget.
• The UK is caught in a doom loop where increased taxes to fund growing expenditure only reduces economic growth and productivity, ultimately generating less tax revenue and worsening the debt situation.
• The government is using inflation as a strategy to reduce the real value of the national debt, effectively devaluing the pound in everyone's pocket by approximately 3% annually.
• Public confidence in economic management is abysmal, with only 16% of voters believing the government is handling the economy well and just 11% viewing the chancellor's performance positively.
• Housing may be the one bright spot, with the OBR forecasting construction will reach a 40-year high of 305,000 homes annually by the end of the forecast period, approaching the government's promise of 1.5 million new homes.

BEST MOMENTS

"Currently we're riding at about 100% of GDP, so the UK owes £2.65 trillion, or 96% to be precise, of the amount of money that flows around this economy every year, which is a huge amount of money."

"What they should have done was fix the roof when the sun was shining. But instead what they've done, they've increased welfare spending, they've increased spending on the NHS, which seems incredibly wasteful."

"We're in a doom loop. And it needs somebody to come along and take some very difficult decisions to fix that."

"It's going to take somebody, a Margaret Thatcher style character, I think, to come along and really get government spending in check because I just don't think Labor are going to do it."

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

This is a revisit of a previous episode. Join Mark as he talks about how to build the power team you need for your business. Mark also talks about how to keep your team motivated and why it’s essential for the success of your business to work with a team.

KEY TAKEAWAYS

• Working with property is a team sport, you can’t do everything yourself. Find the people who know more than you and work with them.
• Due diligence is essential in finding the right people for the jobs you need. There are a lot of specialists when working with property, especially if you are working in renovating or conversions.
• You want an expert with experience, someone who has verifiable skills in the exact job you want doing.
• Progressive Property Approved, is a list of approved specialists that have proven experience with progressive so you can feel confident you have the right person for the job.
• Mentorship is essential for building you and your power team, allowing you to continue to learn from those who have been where you are.

BEST MOMENTS

"I’m a bit of a conductor, trying to find the right person for each job that I need doing”

“You cannot know even a tiny percentage of what goes on in the property market”

“I've kissed so many frogs, picked so called experts, picked the wrong ones for the wrong jobs"

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/