{"id":89003,"date":"2026-01-07T12:33:12","date_gmt":"2026-01-07T12:33:12","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=89003"},"modified":"2026-01-07T12:33:12","modified_gmt":"2026-01-07T12:33:12","slug":"this-will-crash","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/01\/07\/this-will-crash\/","title":{"rendered":"This will crash"},"content":{"rendered":"<p>We posted this YouTube Short video this lunchtime:<\/p>\n<p><iframe loading=\"lazy\" title=\"This Will Crash\" width=\"422\" height=\"750\" src=\"https:\/\/www.youtube.com\/embed\/uJBCNuHKdDw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>This is the transcript:<\/p>\n<hr \/>\n<p>The FTSE 100 has hit new highs in this, the first real trading week of 2026. So has the S&amp;P 500 in the USA. Shares are skyrocketing, and yet the world is falling apart. There is no sense to seeing massive increases in the value of the world's share markets when we are literally seeing an increase in the risk of war and a breakdown in international relations all over the place.<\/p>\n<p>What is going on? What we're seeing are markets that are being run quite deliberately and quite probably by Donald Trump for the benefit of the wealthy, and not for the benefit of international relationships, and most certainly not for the benefit of ordinary people, whether they be in Venezuela or anywhere else.<\/p>\n<p>We are seeing a breakdown in rationality. Economics makes no sense when we can see that risk is not being properly priced in the world's stock markets.<\/p>\n<p>There is something here that is profoundly wrong, and it's going to end in a crash.<\/p>\n<hr \/>\n<p><b>Comments\u00a0<\/b><\/p>\n<p>When commenting, please take note of this blog\u2019s comment policy,\u00a0<a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/about\/comments\/\">which is available here<\/a>. Contravening this policy will result in comments being deleted before or after initial publication at the editor\u2019s sole discretion and without explanation being required or offered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We posted this YouTube Short video this lunchtime: This is the transcript: The FTSE 100 has hit new highs in this, the first real trading<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/01\/07\/this-will-crash\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136,35],"tags":[],"class_list":["post-89003","post","type-post","status-publish","format-standard","hentry","category-city-of-london","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/89003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=89003"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/89003\/revisions"}],"predecessor-version":[{"id":89004,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/89003\/revisions\/89004"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=89003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=89003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=89003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}