18/09/2013 Newsnight


18/09/2013

In-depth investigation and analysis of the stories behind the day's headlines with Emily Maitlis.


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Transcript


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Two

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Two fragile

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Two fragile to

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Two fragile to turn

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Two fragile to turn off

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Two fragile to turn off the

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Two fragile to turn off the tap,

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Two fragile to turn off the tap, in

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Two fragile to turn off the tap, in a

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Two fragile to turn off the tap, in a surprise

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Two fragile to turn off the tap, in a surprise move

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Two fragile to turn off the tap, in a surprise move America

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Two fragile to turn off the tap, in a surprise move America signals

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Two fragile to turn off the tap, in a surprise move America signals it

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a surprise move America signals it will

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a surprise move America signals it will carry

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a surprise move America signals it will carry on

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a surprise move America signals it will carry on pumping

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a surprise move America signals it will carry on pumping money

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a surprise move America signals it will carry on pumping money into

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will carry on pumping money into the

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will carry on pumping money into the economy.

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will carry on pumping money into the economy. Five

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will carry on pumping money into the economy. Five years

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will carry on pumping money into the economy. Five years to

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will carry on pumping money into the economy. Five years to the

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will carry on pumping money into the economy. Five years to the day

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the economy. Five years to the day from

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the economy. Five years to the day from the

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the economy. Five years to the day from the banking

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the economy. Five years to the day from the banking bail

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the economy. Five years to the day from the banking bail out,

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the economy. Five years to the day from the banking bail out, we

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the economy. Five years to the day from the banking bail out, we ask

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from the banking bail out, we ask key

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from the banking bail out, we ask key voices

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from the banking bail out, we ask key voices from

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from the banking bail out, we ask key voices from finance

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from the banking bail out, we ask key voices from finance and

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key voices from finance and technology

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key voices from finance and technology if

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key voices from finance and technology if we

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key voices from finance and technology if we have

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key voices from finance and technology if we have recovered?

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technology if we have recovered? More

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technology if we have recovered? More households

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technology if we have recovered? More households are

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technology if we have recovered? More households are now

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technology if we have recovered? More households are now unable

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technology if we have recovered? More households are now unable to

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More households are now unable to pay

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More households are now unable to pay their

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More households are now unable to pay their rent

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More households are now unable to pay their rent as

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More households are now unable to pay their rent as the

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More households are now unable to pay their rent as the called

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pay their rent as the called bedroom

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pay their rent as the called bedroom tax

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pay their rent as the called bedroom tax is

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pay their rent as the called bedroom tax is that

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pay their rent as the called bedroom tax is that to blame,

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pay their rent as the called bedroom tax is that to blame, this

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bedroom tax is that to blame, this programme

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bedroom tax is that to blame, this programme has

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bedroom tax is that to blame, this programme has seen

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bedroom tax is that to blame, this programme has seen new

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bedroom tax is that to blame, this programme has seen new figures.

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programme has seen new figures. Violence

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programme has seen new figures. Violence across

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programme has seen new figures. Violence across Greece

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programme has seen new figures. Violence across Greece as

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programme has seen new figures. Violence across Greece as a

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programme has seen new figures. Violence across Greece as a singer

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Violence across Greece as a singer who

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Violence across Greece as a singer who fought

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Violence across Greece as a singer who fought fascism

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Violence across Greece as a singer who fought fascism is

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Violence across Greece as a singer who fought fascism is murdered

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Violence across Greece as a singer who fought fascism is murdered by

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who fought fascism is murdered by right-wing

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who fought fascism is murdered by right-wing extremists.

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who fought fascism is murdered by right-wing extremists. Will

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who fought fascism is murdered by right-wing extremists. Will the

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right-wing extremists. Will the Government

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right-wing extremists. Will the Government now

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right-wing extremists. Will the Government now move

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right-wing extremists. Will the Government now move to

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right-wing extremists. Will the Government now move to ban

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right-wing extremists. Will the Government now move to ban the

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Government now move to ban the golden

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Government now move to ban the golden dawn

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Government now move to ban the golden dawn party.

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Government now move to ban the golden dawn party. Good

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Government now move to ban the golden dawn party. Good evening,

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golden dawn party. Good evening, five

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golden dawn party. Good evening, five years

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golden dawn party. Good evening, five years ago

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golden dawn party. Good evening, five years ago today

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golden dawn party. Good evening, five years ago today the

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golden dawn party. Good evening, five years ago today the financial

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five years ago today the financial system

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five years ago today the financial system was

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five years ago today the financial system was brought

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five years ago today the financial system was brought to

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five years ago today the financial system was brought to the

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five years ago today the financial system was brought to the brink

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five years ago today the financial system was brought to the brink of

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system was brought to the brink of collapse.

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system was brought to the brink of collapse. A

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system was brought to the brink of collapse. A troubled

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system was brought to the brink of collapse. A troubled Hank

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system was brought to the brink of collapse. A troubled Hank Paulson

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collapse. A troubled Hank Paulson snapped

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collapse. A troubled Hank Paulson snapped emerging

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collapse. A troubled Hank Paulson snapped emerging from

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collapse. A troubled Hank Paulson snapped emerging from the

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collapse. A troubled Hank Paulson snapped emerging from the White

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snapped emerging from the White House,

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snapped emerging from the White House, the

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snapped emerging from the White House, the snap

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snapped emerging from the White House, the snap signalled

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snapped emerging from the White House, the snap signalled the

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snapped emerging from the White House, the snap signalled the first

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House, the snap signalled the first plan

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House, the snap signalled the first plan from

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House, the snap signalled the first plan from the

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House, the snap signalled the first plan from the President

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House, the snap signalled the first plan from the President for

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House, the snap signalled the first plan from the President for saving

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plan from the President for saving banks.

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plan from the President for saving banks. Those

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plan from the President for saving banks. Those panics

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plan from the President for saving banks. Those panics may

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plan from the President for saving banks. Those panics may be

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banks. Those panics may be consigned

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banks. Those panics may be consigned to

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banks. Those panics may be consigned to history,

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banks. Those panics may be consigned to history, but

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banks. Those panics may be consigned to history, but in

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banks. Those panics may be consigned to history, but in the

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banks. Those panics may be consigned to history, but in the US

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consigned to history, but in the US tonight

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consigned to history, but in the US tonight alarm

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consigned to history, but in the US tonight alarm bells

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consigned to history, but in the US tonight alarm bells were ringing

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consigned to history, but in the US tonight alarm bells were ringing as

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tonight alarm bells were ringing as the

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tonight alarm bells were ringing as the Fed

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tonight alarm bells were ringing as the Fed cut

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tonight alarm bells were ringing as the Fed cut forecasts

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tonight alarm bells were ringing as the Fed cut forecasts for

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tonight alarm bells were ringing as the Fed cut forecasts for growth.

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the Fed cut forecasts for growth. Here

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the Fed cut forecasts for growth. Here the

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the Fed cut forecasts for growth. Here the Chancellor

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the Fed cut forecasts for growth. Here the Chancellor trying

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the Fed cut forecasts for growth. Here the Chancellor trying to

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Here the Chancellor trying to reassure

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Here the Chancellor trying to reassure the

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Here the Chancellor trying to reassure the country

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Here the Chancellor trying to reassure the country there

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Here the Chancellor trying to reassure the country there is

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Here the Chancellor trying to reassure the country there is no

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reassure the country there is no housing

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reassure the country there is no housing bubble.

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reassure the country there is no housing bubble. What

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reassure the country there is no housing bubble. What is

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reassure the country there is no housing bubble. What is going

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reassure the country there is no housing bubble. What is going on?

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housing bubble. What is going on? We

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housing bubble. What is going on? We have

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housing bubble. What is going on? We have been

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housing bubble. What is going on? We have been bombarded

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housing bubble. What is going on? We have been bombarded by

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housing bubble. What is going on? We have been bombarded by signals

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We have been bombarded by signals that

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We have been bombarded by signals that the

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We have been bombarded by signals that the economic

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We have been bombarded by signals that the economic crisis

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We have been bombarded by signals that the economic crisis is

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We have been bombarded by signals that the economic crisis is over.

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that the economic crisis is over. The

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that the economic crisis is over. The British

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that the economic crisis is over. The British economy

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that the economic crisis is over. The British economy is

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that the economic crisis is over. The British economy is looking

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The British economy is looking better.

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The British economy is looking better. The

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The British economy is looking better. The economy

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The British economy is looking better. The economy is

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The British economy is looking better. The economy is growing

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The British economy is looking better. The economy is growing in

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better. The economy is growing in all

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better. The economy is growing in all sectors.

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better. The economy is growing in all sectors. Tonight

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better. The economy is growing in all sectors. Tonight from

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better. The economy is growing in all sectors. Tonight from America

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better. The economy is growing in all sectors. Tonight from America a

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all sectors. Tonight from America a signal

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all sectors. Tonight from America a signal that it

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all sectors. Tonight from America a signal that it is

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all sectors. Tonight from America a signal that it is not,

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all sectors. Tonight from America a signal that it is not, yet.

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all sectors. Tonight from America a signal that it is not, yet. The

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signal that it is not, yet. The Federal

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signal that it is not, yet. The Federal Reserve,

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signal that it is not, yet. The Federal Reserve, America's

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signal that it is not, yet. The Federal Reserve, America's Central

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Federal Reserve, America's Central Bank

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Federal Reserve, America's Central Bank pulled

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Federal Reserve, America's Central Bank pulled back

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Federal Reserve, America's Central Bank pulled back from

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Federal Reserve, America's Central Bank pulled back from winding

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Bank pulled back from winding doufpb

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Bank pulled back from winding doufpb its

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Bank pulled back from winding doufpb its policy

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Bank pulled back from winding doufpb its policy for

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Bank pulled back from winding doufpb its policy for printing

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doufpb its policy for printing money

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doufpb its policy for printing money to

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doufpb its policy for printing money to keep

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doufpb its policy for printing money to keep the

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doufpb its policy for printing money to keep the US

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doufpb its policy for printing money to keep the US economy

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doufpb its policy for printing money to keep the US economy afloat.

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money to keep the US economy afloat. The

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money to keep the US economy afloat. The tightening

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money to keep the US economy afloat. The tightening of

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money to keep the US economy afloat. The tightening of financial

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The tightening of financial conditions

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The tightening of financial conditions observed

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The tightening of financial conditions observed in

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The tightening of financial conditions observed in recent

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The tightening of financial months, if

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The tightening of financial months, if sustained

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The tightening of financial months, if sustained could

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The tightening of financial months, if sustained could slow

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The tightening of financial months, if sustained could slow the

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months, if sustained could slow the pace

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months, if sustained could slow the pace of

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months, if sustained could slow the pace of improvement

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months, if sustained could slow the pace of improvement in

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months, if sustained could slow the pace of improvement in the

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months, if sustained could slow the pace of improvement in the economy

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pace of improvement in the economy and

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pace of improvement in the economy and the

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pace of improvement in the economy and the labour

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pace of improvement in the economy and the labour market.

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and the labour market. Federal fiscal

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and the labour market. Federal fiscal policy

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and the labour market. Federal fiscal policy is

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and the labour market. Federal fiscal policy is an

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and the labour market. Federal fiscal policy is an important

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fiscal policy is an important restraint

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fiscal policy is an important restraint on

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fiscal policy is an important restraint on growth.

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fiscal policy is an important restraint on growth. Because

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fiscal policy is an important restraint on growth. Because the

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fiscal policy is an important restraint on growth. Because the US

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restraint on growth. Because the US Government

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restraint on growth. Because the US Government has

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restraint on growth. Because the US Government has to

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restraint on growth. Because the US Government has to start

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restraint on growth. Because the US Government has to start spending

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Government has to start spending cuts,

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Government has to start spending cuts, money

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Government has to start spending cuts, money printing

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Government has to start spending cuts, money printing has

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Government has to start spending cuts, money printing has to

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Government has to start spending cuts, money printing has to offset

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cuts, money printing has to offset the

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cuts, money printing has to offset the effect

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cuts, money printing has to offset the effect of

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cuts, money printing has to offset the effect of that

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cuts, money printing has to offset the effect of that on

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cuts, money printing has to offset the effect of that on growth.

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cuts, money printing has to offset the effect of that on growth. It

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cuts, money printing has to offset the effect of that on growth. It is

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the effect of that on growth. It is five

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the effect of that on growth. It is five years

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the effect of that on growth. It is five years ago

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the effect of that on growth. It is five years ago this

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the effect of that on growth. It is five years ago this week

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the effect of that on growth. It is five years ago this week I

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the effect of that on growth. It is five years ago this week I stood

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the effect of that on growth. It is five years ago this week I stood on

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five years ago this week I stood on the

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five years ago this week I stood on the streets

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five years ago this week I stood on the streets of

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five years ago this week I stood on the streets of New

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five years ago this week I stood on the streets of New York

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five years ago this week I stood on the streets of New York and

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five years ago this week I stood on the streets of New York and watched

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five years ago this week I stood on them fall,

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five years ago this week I stood on them fall, first

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five years ago this week I stood on them fall, first Lehman

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five years ago this week I stood on them fall, first Lehman Brothers,

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five years ago this week I stood on them fall, first Lehman Brothers, a

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them fall, first Lehman Brothers, a then

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them fall, first Lehman Brothers, a then AIG,

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them fall, first Lehman Brothers, a then AIG, the

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them fall, first Lehman Brothers, a then AIG, the world's

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them fall, first Lehman Brothers, a then AIG, the world's biggest

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then AIG, the world's biggest insurer,

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then AIG, the world's biggest insurer, and

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then AIG, the world's biggest insurer, and then

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then AIG, the world's biggest insurer, and then the

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then AIG, the world's biggest insurer, and then the certainties

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insurer, and then the certainties at

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insurer, and then the certainties at the

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insurer, and then the certainties at the heart

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insurer, and then the certainties at the heart of

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insurer, and then the certainties at the heart of American

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insurer, and then the certainties at the heart of American capitalism.

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at the heart of American capitalism. Within

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at the heart of American capitalism. Within a

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at the heart of American capitalism. Within a month

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at the heart of American capitalism. Within a month a

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at the heart of American capitalism. Within a month a large

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at the heart of American capitalism. Within a month a large part

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at the heart of American capitalism. Within a month a large part of

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at the heart of American capitalism. Within a month a large part of the

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Within a month a large part of the western

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Within a month a large part of the western world's

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Within a month a large part of the western world's banking system

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Within a month a large part of the western world's banking system had

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western world's banking system had been

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western world's banking system had been nationalised.

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western world's banking system had been nationalised. And

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western world's banking system had been nationalised. And when

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western world's banking system had been nationalised. And when that

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been nationalised. And when that didn't

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been nationalised. And when that didn't work,

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been nationalised. And when that didn't work, the

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been nationalised. And when that didn't work, the money

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been nationalised. And when that didn't work, the money printing

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didn't work, the money printing began.

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began. Five

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began. Five years

0:02:490:02:49

began. Five years on

0:02:490:02:49

began. Five years on it

0:02:490:02:49

began. Five years on it is

0:02:490:02:50

began. Five years on it is clear

0:02:500:02:50

began. Five years on it is clear recovery

0:02:500:02:51

Five years on it is clear recovery is

0:02:510:02:51

Five years on it is clear recovery is not

0:02:510:02:51

Five years on it is clear recovery is not enough.

0:02:510:02:52

Five years on it is clear recovery is not enough. The

0:02:520:02:52

Five years on it is clear recovery is not enough. The very

0:02:520:02:52

Five years on it is clear recovery is not enough. The very shape

0:02:520:02:53

Five years on it is clear recovery is not enough. The very shape of

0:02:530:02:53

is not enough. The very shape of capitalism

0:02:530:02:54

is not enough. The very shape of capitalism has

0:02:540:02:54

is not enough. The very shape of capitalism has changed.

0:02:540:02:54

is not enough. The very shape of capitalism has changed. Those

0:02:540:02:55

is not enough. The very shape of capitalism has changed. Those banks

0:02:550:02:55

capitalism has changed. Those banks that

0:02:550:02:56

capitalism has changed. Those banks that survived

0:02:560:02:56

capitalism has changed. Those banks that survived are

0:02:560:02:56

capitalism has changed. Those banks that survived are effectively

0:02:560:02:57

capitalism has changed. Those banks underwritten by

0:02:570:02:58

capitalism has changed. Those banks underwritten by the

0:02:580:02:58

capitalism has changed. Those banks underwritten by the state,

0:02:580:02:58

capitalism has changed. Those banks underwritten by the state, and

0:02:580:02:58

underwritten by the state, and while

0:02:580:02:58

underwritten by the state, and while they

0:02:580:02:59

underwritten by the state, and while they have

0:02:590:02:59

underwritten by the state, and while they have recovered,

0:02:590:02:59

underwritten by the state, and while they have recovered, what

0:02:590:02:59

underwritten by the state, and while they have recovered, what has

0:02:590:03:00

while they have recovered, what has not

0:03:000:03:00

while they have recovered, what has not recovered

0:03:000:03:00

while they have recovered, what has not recovered is

0:03:000:03:01

while they have recovered, what has not recovered is people's

0:03:010:03:01

while they have recovered, what has not recovered is people's spending

0:03:010:03:01

not recovered is people's spending power.

0:03:010:03:03

power. In

0:03:030:03:04

power. In Britain

0:03:040:03:04

power. In Britain the

0:03:040:03:04

power. In Britain the average

0:03:040:03:05

power. In Britain the average household

0:03:050:03:05

In Britain the average household income

0:03:050:03:06

In Britain the average household income has

0:03:060:03:06

In Britain the average household income has declined

0:03:060:03:06

In Britain the average household income has declined by

0:03:060:03:07

In Britain the average household income has declined by over

0:03:070:03:07

In Britain the average household income has declined by over 5%

0:03:070:03:08

income has declined by over 5% since

0:03:080:03:08

income has declined by over 5% since 2010.

0:03:080:03:08

income has declined by over 5% since 2010. This

0:03:080:03:08

income has declined by over 5% since 2010. This graph

0:03:080:03:09

income has declined by over 5% since 2010. This graph shows

0:03:090:03:09

income has declined by over 5% since 2010. This graph shows what

0:03:090:03:09

since 2010. This graph shows what has

0:03:090:03:10

since 2010. This graph shows what has happened

0:03:100:03:10

since 2010. This graph shows what has happened in

0:03:100:03:10

since 2010. This graph shows what has happened in America

0:03:100:03:11

since 2010. This graph shows what has happened in America over

0:03:110:03:11

since 2010. This graph shows what has happened in America over the

0:03:110:03:12

has happened in America over the long-term,

0:03:120:03:12

has happened in America over the long-term, real

0:03:120:03:13

has happened in America over the long-term, real household

0:03:130:03:14

has happened in America over the long-term, real household incomes

0:03:140:03:14

long-term, real household incomes shown

0:03:140:03:14

long-term, real household incomes shown in

0:03:140:03:14

long-term, real household incomes shown in blue

0:03:140:03:15

long-term, real household incomes shown in blue were

0:03:150:03:15

long-term, real household incomes shown in blue were stagnant

0:03:150:03:16

long-term, real household incomes shown in blue were stagnant before

0:03:160:03:16

shown in blue were stagnant before the

0:03:160:03:16

shown in blue were stagnant before the crisis

0:03:160:03:17

shown in blue were stagnant before the crisis and

0:03:170:03:18

shown in blue were stagnant before the crisis and now

0:03:180:03:19

shown in blue were stagnant before the crisis and now the

0:03:190:03:20

shown in blue were stagnant before the crisis and now the declining

0:03:200:03:20

the crisis and now the declining year-on-year

0:03:200:03:20

the crisis and now the declining year-on-year in

0:03:200:03:21

the crisis and now the declining year-on-year in the

0:03:210:03:21

the crisis and now the declining year-on-year in the recover.

0:03:210:03:22

the crisis and now the declining year-on-year in the recover. Before

0:03:220:03:22

year-on-year in the recover. Before the

0:03:220:03:23

year-on-year in the recover. Before the global

0:03:230:03:23

year-on-year in the recover. Before the global financial

0:03:230:03:24

year-on-year in the recover. Before the global financial crisis

0:03:240:03:24

the global financial crisis economic

0:03:240:03:24

the global financial crisis economic growth

0:03:240:03:25

the global financial crisis economic growth was

0:03:250:03:26

the global financial crisis economic growth was driven

0:03:260:03:26

the global financial crisis economic growth was driven by

0:03:260:03:26

economic growth was driven by consumers

0:03:260:03:27

economic growth was driven by consumers borrowing

0:03:270:03:27

economic growth was driven by consumers borrowing money

0:03:270:03:27

economic growth was driven by consumers borrowing money and

0:03:270:03:27

consumers borrowing money and spending

0:03:270:03:27

consumers borrowing money and spending it.

0:03:270:03:28

consumers borrowing money and spending it. Since

0:03:280:03:28

consumers borrowing money and spending it. Since then

0:03:280:03:28

consumers borrowing money and spending it. Since then it

0:03:280:03:29

consumers borrowing money and spending it. Since then it has

0:03:290:03:29

consumers borrowing money and spending it. Since then it has been

0:03:290:03:30

spending it. Since then it has been driven

0:03:300:03:30

spending it. Since then it has been driven effectively

0:03:300:03:30

spending it. Since then it has been driven effectively by

0:03:300:03:31

spending it. Since then it has been driven effectively by central

0:03:310:03:31

spending it. Since then it has been driven effectively by central banks

0:03:310:03:32

driven effectively by central banks printing

0:03:320:03:32

driven effectively by central banks printing it.

0:03:320:03:33

driven effectively by central banks printing it. What

0:03:330:03:33

driven effectively by central banks printing it. What will

0:03:330:03:33

driven effectively by central banks printing it. What will drive

0:03:330:03:34

driven effectively by central banks printing it. What will drive it

0:03:340:03:34

printing it. What will drive it now?

0:03:340:03:35

printing it. What will drive it now? The

0:03:350:03:35

printing it. What will drive it now? The hope

0:03:350:03:35

printing it. What will drive it now? The hope was

0:03:350:03:36

printing it. What will drive it now? The hope was the

0:03:360:03:37

printing it. What will drive it now? The hope was the emerging

0:03:370:03:37

now? The hope was the emerging markets,

0:03:370:03:37

now? The hope was the emerging markets, China,

0:03:370:03:38

now? The hope was the emerging markets, China, Brazil,

0:03:380:03:38

now? The hope was the emerging markets, China, Brazil, India

0:03:380:03:39

now? The hope was the emerging markets, China, Brazil, India and

0:03:390:03:39

markets, China, Brazil, India and the

0:03:390:03:39

markets, China, Brazil, India and the like

0:03:390:03:39

markets, China, Brazil, India and the like could

0:03:390:03:39

markets, China, Brazil, India and the like could take

0:03:390:03:40

markets, China, Brazil, India and the like could take the

0:03:400:03:40

markets, China, Brazil, India and the like could take the strain.

0:03:400:03:41

markets, China, Brazil, India and the like could take the strain. But

0:03:410:03:41

the like could take the strain. But all

0:03:410:03:41

the like could take the strain. But all the

0:03:410:03:41

the like could take the strain. But all the cheap

0:03:410:03:41

the like could take the strain. But all the cheap money

0:03:410:03:41

the like could take the strain. But all the cheap money printed

0:03:410:03:42

the like could take the strain. But all the cheap money printed in

0:03:420:03:42

the like could take the strain. But all the cheap money printed in the

0:03:420:03:43

all the cheap money printed in the west

0:03:430:03:43

all the cheap money printed in the west has

0:03:430:03:44

all the cheap money printed in the west has been

0:03:440:03:44

all the cheap money printed in the west has been causing

0:03:440:03:45

all the cheap money printed in the west has been causing instability

0:03:450:03:45

west has been causing instability there.

0:03:450:03:46

west has been causing instability there. Property

0:03:460:03:46

west has been causing instability there. Property bubbles,

0:03:460:03:47

west has been causing instability there. Property bubbles, inflation,

0:03:470:03:47

there. Property bubbles, inflation, and

0:03:470:03:48

there. Property bubbles, inflation, and now

0:03:480:03:49

there. Property bubbles, inflation, and now a

0:03:490:03:49

there. Property bubbles, inflation, and now a slowdown.

0:03:490:03:49

there. Property bubbles, inflation, and now a slowdown. The

0:03:490:03:50

there. Property bubbles, inflation, and now a slowdown. The main

0:03:500:03:50

there. Property bubbles, inflation, and now a slowdown. The main point

0:03:500:03:50

and now a slowdown. The main point I

0:03:500:03:50

and now a slowdown. The main point I guess

0:03:500:03:51

and now a slowdown. The main point I guess I

0:03:510:03:51

and now a slowdown. The main point I guess I would

0:03:510:03:52

and now a slowdown. The main point I guess I would end

0:03:520:03:52

and now a slowdown. The main point I guess I would end with

0:03:520:03:52

and now a slowdown. The main point I guess I would end with is

0:03:520:03:54

and now a slowdown. The main point I guess I would end with is that

0:03:540:03:54

I guess I would end with is that what

0:03:540:03:54

I guess I would end with is that what we're

0:03:540:03:55

I guess I would end with is that what we're trying

0:03:550:03:55

I guess I would end with is that what we're trying to

0:03:550:03:56

I guess I would end with is that what we're trying to do

0:03:560:03:56

I guess I would end with is that what we're trying to do with

0:03:560:03:57

I guess I would end with is that what we're trying to do with the

0:03:570:03:57

I guess I would end with is that monetary policy,

0:03:570:03:58

I guess I would end with is that monetary policy, my

0:03:580:03:58

I guess I would end with is that monetary policy, my colleagues

0:03:580:03:58

I guess I would end with is that monetary policy, my colleagues in

0:03:580:03:59

monetary policy, my colleagues in the

0:03:590:03:59

monetary policy, my colleagues in the emerging

0:03:590:03:59

monetary policy, my colleagues in the emerging markets

0:03:590:03:59

monetary policy, my colleagues in the emerging markets recognise

0:03:590:04:00

monetary policy, my colleagues in the emerging markets recognise is

0:04:000:04:00

the emerging markets recognise is trying

0:04:000:04:00

the emerging markets recognise is trying to

0:04:000:04:00

the emerging markets recognise is trying to create

0:04:000:04:01

the emerging markets recognise is trying to create a

0:04:010:04:01

the emerging markets recognise is trying to create a stronger

0:04:010:04:01

the emerging markets recognise is trying to create a stronger US

0:04:010:04:01

trying to create a stronger US economy.

0:04:010:04:03

economy. Underlying

0:04:030:04:03

economy. Underlying all

0:04:030:04:04

economy. Underlying all today's

0:04:040:04:04

economy. Underlying all today's worries

0:04:040:04:05

economy. Underlying all today's worries is

0:04:050:04:05

economy. Underlying all today's worries is a

0:04:050:04:06

Underlying all today's worries is a bigger,

0:04:060:04:07

Underlying all today's worries is a bigger, strategic

0:04:070:04:07

Underlying all today's worries is a bigger, strategic worry.

0:04:070:04:08

Underlying all today's worries is a bigger, strategic worry. After

0:04:080:04:08

bigger, strategic worry. After World

0:04:080:04:08

bigger, strategic worry. After World War

0:04:080:04:08

bigger, strategic worry. After World War ll

0:04:080:04:09

bigger, strategic worry. After World War ll it

0:04:090:04:09

bigger, strategic worry. After World War ll it was

0:04:090:04:09

bigger, strategic worry. After World War ll it was innovation

0:04:090:04:10

bigger, strategic worry. After World War ll it was innovation that

0:04:100:04:10

World War ll it was innovation that drove

0:04:100:04:10

World War ll it was innovation that drove growth.

0:04:100:04:14

World War ll it was innovation that drove growth. He's

0:04:140:04:15

World War ll it was innovation that drove growth. He's putting

0:04:150:04:15

World War ll it was innovation that drove growth. He's putting that

0:04:150:04:15

drove growth. He's putting that rack

0:04:150:04:15

drove growth. He's putting that rack into

0:04:150:04:16

drove growth. He's putting that rack into a

0:04:160:04:16

drove growth. He's putting that rack into a computing machine.

0:04:160:04:18

rack into a computing machine. New

0:04:180:04:18

rack into a computing machine. New machines,

0:04:180:04:19

rack into a computing machine. New machines, thinking

0:04:190:04:20

rack into a computing machine. New machines, thinking machines

0:04:200:04:20

rack into a computing machine. New machines, thinking machines and

0:04:200:04:20

New machines, thinking machines and ordinary

0:04:200:04:20

New machines, thinking machines and ordinary people

0:04:200:04:21

New machines, thinking machines and ordinary people prospered.

0:04:210:04:24

New machines, thinking machines and ordinary people prospered. And

0:04:240:04:24

New machines, thinking machines and ordinary people prospered. And then,

0:04:240:04:25

ordinary people prospered. And then, after

0:04:250:04:25

ordinary people prospered. And then, after 1989,

0:04:250:04:26

ordinary people prospered. And then, after 1989, what

0:04:260:04:27

ordinary people prospered. And then, after 1989, what has

0:04:270:04:27

ordinary people prospered. And then, after 1989, what has driven

0:04:270:04:27

ordinary people prospered. And then, after 1989, what has driven growth

0:04:270:04:27

after 1989, what has driven growth is

0:04:270:04:27

after 1989, what has driven growth is globalisation.

0:04:270:04:30

after 1989, what has driven growth is globalisation. When

0:04:300:04:30

after 1989, what has driven growth is globalisation. When the

0:04:300:04:30

after 1989, what has driven growth is globalisation. When the world's

0:04:300:04:31

is globalisation. When the world's Central

0:04:310:04:31

is globalisation. When the world's Central Bankers

0:04:310:04:31

is globalisation. When the world's Central Bankers meet

0:04:310:04:32

is globalisation. When the world's Central Bankers meet what

0:04:320:04:32

is globalisation. When the world's Central Bankers meet what they

0:04:320:04:32

Central Bankers meet what they worry

0:04:320:04:32

Central Bankers meet what they worry about

0:04:320:04:33

Central Bankers meet what they worry about is

0:04:330:04:33

Central Bankers meet what they worry about is not

0:04:330:04:33

Central Bankers meet what they worry about is not the

0:04:330:04:34

Central Bankers meet what they worry about is not the short-term.

0:04:340:04:34

worry about is not the short-term. They

0:04:340:04:34

worry about is not the short-term. They worry

0:04:340:04:34

worry about is not the short-term. They worry about

0:04:340:04:35

worry about is not the short-term. They worry about the

0:04:350:04:35

worry about is not the short-term. They worry about the fact

0:04:350:04:35

worry about is not the short-term. They worry about the fact that

0:04:350:04:36

worry about is not the short-term. They worry about the fact that the

0:04:360:04:36

They worry about the fact that the basic

0:04:360:04:36

They worry about the fact that the basic technology

0:04:360:04:37

They worry about the fact that the basic technology of

0:04:370:04:37

They worry about the fact that the basic technology of our

0:04:370:04:37

They worry about the fact that the basic technology of our time,

0:04:370:04:38

basic technology of our time, information

0:04:380:04:38

basic technology of our time, information technology,

0:04:380:04:38

basic technology of our time, information technology, does

0:04:380:04:39

basic technology of our time, information technology, does not

0:04:390:04:39

information technology, does not seem

0:04:390:04:40

information technology, does not seem to

0:04:400:04:40

information technology, does not seem to be

0:04:400:04:41

information technology, does not seem to be creating

0:04:410:04:41

information technology, does not seem to be creating jobs

0:04:410:04:42

information technology, does not seem to be creating jobs nor

0:04:420:04:42

information technology, does not seem to be creating jobs nor wealth,

0:04:420:04:42

seem to be creating jobs nor wealth, nor

0:04:420:04:43

seem to be creating jobs nor wealth, nor the

0:04:430:04:43

seem to be creating jobs nor wealth, nor the dynamism

0:04:430:04:43

seem to be creating jobs nor wealth, nor the dynamism we

0:04:430:04:43

seem to be creating jobs nor wealth, nor the dynamism we have

0:04:430:04:44

seem to be creating jobs nor wealth, nor the dynamism we have seen

0:04:440:04:44

seem to be creating jobs nor wealth, nor the dynamism we have seen in

0:04:440:04:44

nor the dynamism we have seen in previous

0:04:440:04:44

nor the dynamism we have seen in previous recoveries.

0:04:440:04:47

previous recoveries. We

0:04:470:04:48

previous recoveries. We already

0:04:480:04:48

previous recoveries. We already knew

0:04:480:04:48

previous recoveries. We already knew the

0:04:480:04:48

previous recoveries. We already knew the global

0:04:480:04:49

previous recoveries. We already knew the global recovery

0:04:490:04:49

We already knew the global recovery was

0:04:490:04:49

We already knew the global recovery was fragile,

0:04:490:04:51

We already knew the global recovery was fragile, and

0:04:510:04:51

We already knew the global recovery was fragile, and the

0:04:510:04:51

We already knew the global recovery was fragile, and the Fed

0:04:510:04:51

We already knew the global recovery was fragile, and the Fed probably

0:04:510:04:52

was fragile, and the Fed probably will

0:04:520:04:52

was fragile, and the Fed probably will start

0:04:520:04:53

was fragile, and the Fed probably will start printing

0:04:530:04:53

was fragile, and the Fed probably will start printing less

0:04:530:04:53

was fragile, and the Fed probably will start printing less money

0:04:530:04:53

was fragile, and the Fed probably will start printing less money some

0:04:530:04:54

will start printing less money some time

0:04:540:04:54

will start printing less money some time soon.

0:04:540:04:54

will start printing less money some time soon. But

0:04:540:04:54

will start printing less money some time soon. But then

0:04:540:04:55

will start printing less money some time soon. But then the

0:04:550:04:55

will start printing less money some time soon. But then the hard

0:04:550:04:55

will start printing less money some time soon. But then the hard task

0:04:550:04:56

time soon. But then the hard task begins.

0:04:560:04:56

time soon. But then the hard task begins. Designing

0:04:560:04:57

time soon. But then the hard task begins. Designing a

0:04:570:04:57

time soon. But then the hard task begins. Designing a kind

0:04:570:04:58

time soon. But then the hard task begins. Designing a kind of

0:04:580:04:58

begins. Designing a kind of capitalism

0:04:580:04:58

begins. Designing a kind of capitalism that

0:04:580:04:59

begins. Designing a kind of capitalism that doesn't

0:04:590:04:59

begins. Designing a kind of capitalism that doesn't go

0:04:590:05:00

begins. Designing a kind of capitalism that doesn't go bang

0:05:000:05:00

capitalism that doesn't go bang again.

0:05:000:05:03

again. Joining

0:05:030:05:03

again. Joining us

0:05:030:05:04

again. Joining us now

0:05:040:05:04

again. Joining us now is

0:05:040:05:04

again. Joining us now is Lord

0:05:040:05:04

again. Joining us now is Lord Turner,

0:05:040:05:05

Joining us now is Lord Turner, former

0:05:050:05:06

Joining us now is Lord Turner, former chairman

0:05:060:05:06

Joining us now is Lord Turner, former chairman of

0:05:060:05:06

Joining us now is Lord Turner, former chairman of the

0:05:060:05:06

Joining us now is Lord Turner, former chairman of the Financial

0:05:060:05:07

former chairman of the Financial Services

0:05:070:05:07

former chairman of the Financial Services Authority,

0:05:070:05:07

former chairman of the Financial Services Authority, and

0:05:070:05:07

former chairman of the Financial Services Authority, and Joanna

0:05:070:05:08

Services Authority, and Joanna Shields,

0:05:080:05:08

Services Authority, and Joanna Shields, the

0:05:080:05:09

Services Authority, and Joanna Shields, the CEO

0:05:090:05:09

Services Authority, and Joanna Shields, the CEO of

0:05:090:05:10

Services Authority, and Joanna Shields, the CEO of Tech

0:05:100:05:10

Services Authority, and Joanna Shields, the CEO of Tech City,

0:05:100:05:10

Shields, the CEO of Tech City, which

0:05:100:05:11

Shields, the CEO of Tech City, which supports

0:05:110:05:12

Shields, the CEO of Tech City, which supports the

0:05:120:05:12

Shields, the CEO of Tech City, which supports the growth

0:05:120:05:12

Shields, the CEO of Tech City, which supports the growth of

0:05:120:05:12

Shields, the CEO of Tech City, which supports the growth of the

0:05:120:05:13

which supports the growth of the tech

0:05:130:05:13

which supports the growth of the tech cluster

0:05:130:05:14

which supports the growth of the tech cluster in

0:05:140:05:15

which supports the growth of the tech cluster in East

0:05:150:05:15

which supports the growth of the tech cluster in East London.

0:05:150:05:15

which supports the growth of the tech cluster in East London. Lord

0:05:150:05:15

tech cluster in East London. Lord Turner

0:05:150:05:16

tech cluster in East London. Lord Turner I

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tech cluster in East London. Lord Turner I will

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tech cluster in East London. Lord Turner I will start

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tech cluster in East London. Lord Turner I will start with

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tech cluster in East London. Lord Turner I will start with you,

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tech cluster in East London. Lord Turner I will start with you, I

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Turner I will start with you, I want

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Turner I will start with you, I want to

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Turner I will start with you, I want to pick

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Turner I will start with you, I want to pick up

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Turner I will start with you, I want to pick up with

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Turner I will start with you, I want to pick up with what

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Turner I will start with you, I want to pick up with what happened

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want to pick up with what happened in

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want to pick up with what happened in the

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want to pick up with what happened in the US

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want to pick up with what happened in the US today,

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want to pick up with what happened in the US today, that

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want to pick up with what happened in the US today, that fragility

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in the US today, that fragility took

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in the US today, that fragility took a

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in the US today, that fragility took a lot

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in the US today, that fragility took a lot of people

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in the US today, that fragility took a lot of people by

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in the US today, that fragility took a lot of people by surprise?

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took a lot of people by surprise? The

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took a lot of people by surprise? The actual

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took a lot of people by surprise? The actual decision

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took a lot of people by surprise? The actual decision didn't

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took a lot of people by surprise? The actual decision didn't take

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took a lot of people by surprise? The actual decision didn't take me

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The actual decision didn't take me by

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The actual decision didn't take me by surprise,

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The actual decision didn't take me by surprise, I

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The actual decision didn't take me by surprise, I think

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The actual decision didn't take me by surprise, I think it

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The actual decision didn't take me by surprise, I think it was

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The actual decision didn't take me by surprise, I think it was always

0:05:250:05:26

by surprise, I think it was always in

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by surprise, I think it was always in the

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by surprise, I think it was always in the balance

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by surprise, I think it was always in the balance that

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by surprise, I think it was always in the balance that what

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by surprise, I think it was always in the balance that what they

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by surprise, I think it was always in the balance that what they were

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in the balance that what they were going

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in the balance that what they were going to

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in the balance that what they were going to decide

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in the balance that what they were going to decide in

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in the balance that what they were going to decide in relation

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in the balance that what they were going to decide in relation to

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in the balance that what they were going to decide in relation to the

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going to decide in relation to the tapering

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going to decide in relation to the tapering of

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going to decide in relation to the tapering of QE.

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going to decide in relation to the tapering of QE. The

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going to decide in relation to the tapering of QE. The reason

0:05:310:05:32

going to decide in relation to the tapering of QE. The reason it

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tapering of QE. The reason it didn't

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tapering of QE. The reason it didn't surprise

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tapering of QE. The reason it didn't surprise me

0:05:320:05:32

tapering of QE. The reason it didn't surprise me is

0:05:320:05:33

tapering of QE. The reason it didn't surprise me is that

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tapering of QE. The reason it didn't surprise me is that I

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tapering of QE. The reason it didn't surprise me is that I think

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didn't surprise me is that I think that

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didn't surprise me is that I think that the

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didn't surprise me is that I think that the global

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didn't surprise me is that I think that the global economy,

0:05:340:05:35

didn't surprise me is that I think that the global economy, and

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didn't surprise me is that I think that the global economy, and in

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that the global economy, and in particular

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that the global economy, and in particular all

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that the global economy, and in particular all of

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that the global economy, and in particular all of the

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that the global economy, and in particular all of the advanced

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particular all of the advanced economies,

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particular all of the advanced economies, are

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particular all of the advanced economies, are still

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particular all of the advanced economies, are still in

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particular all of the advanced economies, are still in a

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economies, are still in a relatively

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economies, are still in a relatively fragile

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economies, are still in a relatively fragile position.

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economies, are still in a relatively fragile position. They

0:05:400:05:40

relatively fragile position. They are

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relatively fragile position. They are beginning

0:05:400:05:41

relatively fragile position. They are beginning to

0:05:410:05:41

relatively fragile position. They are beginning to recover,

0:05:410:05:42

relatively fragile position. They are beginning to recover, in

0:05:420:05:42

are beginning to recover, in particular

0:05:420:05:42

are beginning to recover, in particular the

0:05:420:05:43

are beginning to recover, in particular the US

0:05:430:05:43

are beginning to recover, in particular the US economy

0:05:430:05:43

are beginning to recover, in particular the US economy is

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particular the US economy is recovering,

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particular the US economy is recovering, but

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particular the US economy is recovering, but it

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particular the US economy is recovering, but it is

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particular the US economy is recovering, but it is a

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particular the US economy is recovering, but it is a very

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particular the US economy is anaemic recovery.

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particular the US economy is anaemic recovery. We

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particular the US economy is anaemic recovery. We still

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particular the US economy is anaemic recovery. We still have

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anaemic recovery. We still have economies

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anaemic recovery. We still have economies that

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anaemic recovery. We still have economies that are

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anaemic recovery. We still have economies that are something

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anaemic recovery. We still have economies that are something like

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economies that are something like 10-15%

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economies that are something like 10-15% below

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economies that are something like 10-15% below where

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economies that are something like 10-15% below where they

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economies that are something like 10-15% below where they would

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economies that are something like 10-15% below where they would have

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10-15% below where they would have been

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10-15% below where they would have been if

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10-15% below where they would have been if we

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10-15% below where they would have been if we continued

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10-15% below where they would have been if we continued the

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10-15% below where they would have been if we continued the trend

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10-15% below where they would have been if we continued the trend of

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been if we continued the trend of 2007.

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been if we continued the trend of 2007. This

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been if we continued the trend of 2007. This is

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been if we continued the trend of 2007. This is a

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been if we continued the trend of 2007. This is a very

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been if we continued the trend of 2007. This is a very weak

0:05:570:05:57

been if we continued the trend of 2007. This is a very weak recovery.

0:05:570:05:57

2007. This is a very weak recovery. That

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2007. This is a very weak recovery. That really

0:05:580:05:58

2007. This is a very weak recovery. That really reflected

0:05:580:05:59

2007. This is a very weak recovery. That really reflected how

0:05:590:05:59

2007. This is a very weak recovery. That really reflected how very,

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That really reflected how very, very

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That really reflected how very, very deep

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That really reflected how very, very deep the

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That really reflected how very, very deep the fundamental

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That really reflected how very, very deep the fundamental causes

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That really reflected how very, very deep the fundamental causes of

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very deep the fundamental causes of the

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very deep the fundamental causes of the 2007/08

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very deep the fundamental causes of the 2007/08 financial

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very deep the fundamental causes of the 2007/08 financial crisis.

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very deep the fundamental causes of the 2007/08 financial crisis. Does

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the 2007/08 financial crisis. Does it

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the 2007/08 financial crisis. Does it surprise

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the 2007/08 financial crisis. Does it surprise you

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the 2007/08 financial crisis. Does it surprise you that

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the 2007/08 financial crisis. Does it surprise you that people

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the 2007/08 financial crisis. Does it surprise you that people have

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it surprise you that people have even

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it surprise you that people have even been

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it surprise you that people have even been mentioning

0:06:070:06:08

it surprise you that people have even been mentioning a

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it surprise you that people have even been mentioning a housing

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even been mentioning a housing bubble

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even been mentioning a housing bubble here?

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even been mentioning a housing bubble here? I

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even been mentioning a housing bubble here? I think

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even been mentioning a housing bubble here? I think what

0:06:090:06:10

even been mentioning a housing bubble here? I think what people

0:06:100:06:10

bubble here? I think what people are

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bubble here? I think what people are concerned

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bubble here? I think what people are concerned about here,

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bubble here? I think what people are concerned about here, and

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bubble here? I think what people are concerned about here, and I

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are concerned about here, and I think

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are concerned about here, and I think it

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are concerned about here, and I think it is

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are concerned about here, and I think it is a

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are concerned about here, and I think it is a legitimate

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are concerned about here, and I think it is a legitimate concern

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are concerned about here, and I think it is a legitimate concern is

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think it is a legitimate concern is that

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think it is a legitimate concern is that we

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think it is a legitimate concern is that we have been

0:06:140:06:14

think it is a legitimate concern is that we have been talking

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think it is a legitimate concern is that we have been talking for

0:06:140:06:14

think it is a legitimate concern is that we have been talking for the

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that we have been talking for the last

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that we have been talking for the last four

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that we have been talking for the last four years

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that we have been talking for the last four years really

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that we have been talking for the last four years really about

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that we have been talking for the last four years really about the

0:06:160:06:17

last four years really about the need

0:06:170:06:17

last four years really about the need to

0:06:170:06:18

last four years really about the need to rebalance

0:06:180:06:18

last four years really about the need to rebalance our

0:06:180:06:19

last four years really about the need to rebalance our economy

0:06:190:06:19

last four years really about the need to rebalance our economy away

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need to rebalance our economy away from

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need to rebalance our economy away from a

0:06:200:06:20

need to rebalance our economy away from a focus,

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need to rebalance our economy away from a focus, both

0:06:200:06:21

need to rebalance our economy away from a focus, both on

0:06:210:06:21

need to rebalance our economy away from a focus, both on financial

0:06:210:06:21

from a focus, both on financial services

0:06:210:06:22

from a focus, both on financial services and

0:06:220:06:22

from a focus, both on financial services and housing.

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from a focus, both on financial services and housing. And

0:06:220:06:23

from a focus, both on financial services and housing. And yet

0:06:230:06:23

from a focus, both on financial services and housing. And yet we

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services and housing. And yet we seem

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services and housing. And yet we seem to

0:06:230:06:24

services and housing. And yet we seem to have

0:06:240:06:24

services and housing. And yet we seem to have now

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services and housing. And yet we seem to have now decided

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services and housing. And yet we seem to have now decided that

0:06:240:06:25

services and housing. And yet we seem to have now decided that the

0:06:250:06:25

seem to have now decided that the only

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seem to have now decided that the only policy

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seem to have now decided that the only policy by

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seem to have now decided that the only policy by which

0:06:250:06:26

seem to have now decided that the only policy by which we

0:06:260:06:26

seem to have now decided that the only policy by which we are

0:06:260:06:26

seem to have now decided that the only policy by which we are going

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only policy by which we are going to

0:06:260:06:27

only policy by which we are going to get

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only policy by which we are going to get the

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only policy by which we are going to get the economy

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only policy by which we are going to get the economy going

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only policy by which we are going to get the economy going again

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only policy by which we are going to get the economy going again is

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to get the economy going again is to

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to get the economy going again is to restimulate

0:06:290:06:29

to get the economy going again is to restimulate the

0:06:290:06:30

to get the economy going again is to restimulate the housing

0:06:300:06:30

to get the economy going again is to restimulate the housing market.

0:06:300:06:30

to restimulate the housing market. That

0:06:300:06:30

to restimulate the housing market. That is

0:06:300:06:31

to restimulate the housing market. That is what

0:06:310:06:31

to restimulate the housing market. That is what people

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to restimulate the housing market. That is what people are

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to restimulate the housing market. That is what people are concerned

0:06:310:06:32

That is what people are concerned about.

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That is what people are concerned about. It

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That is what people are concerned about. It is

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That is what people are concerned about. It is not

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That is what people are concerned about. It is not so

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That is what people are concerned about. It is not so much

0:06:320:06:33

That is what people are concerned about. It is not so much that

0:06:330:06:33

That is what people are concerned about. It is not so much that the

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about. It is not so much that the increase

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about. It is not so much that the increase in

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about. It is not so much that the increase in prices

0:06:340:06:34

about. It is not so much that the increase in prices so

0:06:340:06:34

about. It is not so much that the increase in prices so far

0:06:340:06:34

about. It is not so much that the increase in prices so far is

0:06:340:06:35

about. It is not so much that the increase in prices so far is a

0:06:350:06:35

increase in prices so far is a bubble.

0:06:350:06:35

increase in prices so far is a bubble. It

0:06:350:06:36

increase in prices so far is a bubble. It may

0:06:360:06:36

increase in prices so far is a bubble. It may be

0:06:360:06:37

increase in prices so far is a bubble. It may be in

0:06:370:06:37

increase in prices so far is a bubble. It may be in London,

0:06:370:06:38

increase in prices so far is a bubble. It may be in London, but

0:06:380:06:38

bubble. It may be in London, but there

0:06:380:06:38

bubble. It may be in London, but there is

0:06:380:06:38

bubble. It may be in London, but there is other

0:06:380:06:38

bubble. It may be in London, but there is other bits

0:06:380:06:39

bubble. It may be in London, but there is other bits of

0:06:390:06:39

bubble. It may be in London, but there is other bits of the

0:06:390:06:39

bubble. It may be in London, but there is other bits of the country

0:06:390:06:39

there is other bits of the country where

0:06:390:06:40

there is other bits of the country where it

0:06:400:06:40

there is other bits of the country where it is

0:06:400:06:40

there is other bits of the country where it is definitely

0:06:400:06:40

there is other bits of the country where it is definitely not

0:06:400:06:40

there is other bits of the country where it is definitely not so far.

0:06:400:06:41

where it is definitely not so far. It

0:06:410:06:41

where it is definitely not so far. It is

0:06:410:06:41

where it is definitely not so far. It is more

0:06:410:06:42

where it is definitely not so far. It is more what

0:06:420:06:42

where it is definitely not so far. It is more what it

0:06:420:06:42

where it is definitely not so far. It is more what it tell

0:06:420:06:43

where it is definitely not so far. It is more what it tell us

0:06:430:06:43

where it is definitely not so far. It is more what it tell us about

0:06:430:06:43

It is more what it tell us about the

0:06:430:06:43

It is more what it tell us about the fact

0:06:430:06:44

It is more what it tell us about the fact we

0:06:440:06:44

It is more what it tell us about the fact we haven't

0:06:440:06:44

It is more what it tell us about the fact we haven't yet

0:06:440:06:44

It is more what it tell us about the fact we haven't yet achieved

0:06:440:06:44

the fact we haven't yet achieved this

0:06:440:06:45

the fact we haven't yet achieved this rebalance

0:06:450:06:46

the fact we haven't yet achieved this rebalance of our

0:06:460:06:46

the fact we haven't yet achieved this rebalance of our economy

0:06:460:06:46

the fact we haven't yet achieved this rebalance of our economy to

0:06:460:06:46

this rebalance of our economy to more

0:06:460:06:47

this rebalance of our economy to more sustainable

0:06:470:06:47

this rebalance of our economy to more sustainable forms

0:06:470:06:47

this rebalance of our economy to more sustainable forms of

0:06:470:06:48

this rebalance of our economy to more sustainable forms of economic

0:06:480:06:48

more sustainable forms of economic growth,

0:06:480:06:49

more sustainable forms of economic growth, about

0:06:490:06:49

more sustainable forms of economic growth, about which we

0:06:490:06:50

more sustainable forms of economic growth, about which we have

0:06:500:06:50

more sustainable forms of economic growth, about which we have been

0:06:500:06:50

growth, about which we have been talking

0:06:500:06:50

growth, about which we have been talking for

0:06:500:06:51

growth, about which we have been talking for the

0:06:510:06:51

growth, about which we have been talking for the last

0:06:510:06:51

growth, about which we have been talking for the last four

0:06:510:06:51

growth, about which we have been talking for the last four years.

0:06:510:06:52

growth, about which we have been talking for the last four years. To

0:06:520:06:52

talking for the last four years. To you

0:06:520:06:52

talking for the last four years. To you by

0:06:520:06:52

talking for the last four years. To you by the

0:06:520:06:53

talking for the last four years. To you by the help

0:06:530:06:53

talking for the last four years. To you by the help to

0:06:530:06:53

talking for the last four years. To you by the help to buy

0:06:530:06:53

talking for the last four years. To you by the help to buy scheme

0:06:530:06:54

talking for the last four years. To you by the help to buy scheme is

0:06:540:06:54

you by the help to buy scheme is inflating

0:06:540:06:54

you by the help to buy scheme is inflating it

0:06:540:06:54

you by the help to buy scheme is inflating it in

0:06:540:06:55

you by the help to buy scheme is inflating it in the

0:06:550:06:55

you by the help to buy scheme is inflating it in the wrong

0:06:550:06:55

you by the help to buy scheme is inflating it in the wrong way?

0:06:550:06:56

you by the help to buy scheme is inflating it in the wrong way? I

0:06:560:06:56

inflating it in the wrong way? I certainly

0:06:560:06:56

inflating it in the wrong way? I certainly have

0:06:560:06:56

inflating it in the wrong way? I certainly have worries

0:06:560:06:57

inflating it in the wrong way? I certainly have worries about

0:06:570:06:57

inflating it in the wrong way? I certainly have worries about the

0:06:570:06:57

certainly have worries about the help

0:06:570:06:57

certainly have worries about the help to

0:06:570:06:58

certainly have worries about the help to buy

0:06:580:06:58

certainly have worries about the help to buy scheme.

0:06:580:06:58

certainly have worries about the help to buy scheme. I

0:06:580:06:58

certainly have worries about the help to buy scheme. I think

0:06:580:06:58

certainly have worries about the help to buy scheme. I think we

0:06:580:06:59

certainly have worries about the help to buy scheme. I think we may

0:06:590:07:00

help to buy scheme. I think we may be

0:07:000:07:00

help to buy scheme. I think we may be overdoing

0:07:000:07:00

help to buy scheme. I think we may be overdoing the

0:07:000:07:00

help to buy scheme. I think we may be overdoing the stimulus

0:07:000:07:00

help to buy scheme. I think we may be overdoing the stimulus to

0:07:000:07:01

help to buy scheme. I think we may be overdoing the stimulus to the

0:07:010:07:01

be overdoing the stimulus to the housing

0:07:010:07:01

be overdoing the stimulus to the housing market

0:07:010:07:02

be overdoing the stimulus to the housing market and

0:07:020:07:02

be overdoing the stimulus to the housing market and we

0:07:020:07:02

be overdoing the stimulus to the housing market and we may

0:07:020:07:02

be overdoing the stimulus to the housing market and we may come

0:07:020:07:02

be overdoing the stimulus to the housing market and we may come to

0:07:020:07:03

housing market and we may come to regret

0:07:030:07:03

housing market and we may come to regret that.

0:07:030:07:04

housing market and we may come to regret that. I fear

0:07:040:07:04

housing market and we may come to regret that. I fear that

0:07:040:07:05

housing market and we may come to regret that. I fear that we're

0:07:050:07:05

housing market and we may come to regret that. I fear that we're sort

0:07:050:07:06

regret that. I fear that we're sort of

0:07:060:07:06

regret that. I fear that we're sort of having

0:07:060:07:06

regret that. I fear that we're sort of having had

0:07:060:07:07

regret that. I fear that we're sort of having had a

0:07:070:07:08

regret that. I fear that we're sort of having had a whacking

0:07:080:07:09

regret that. I fear that we're sort of having had a whacking great

0:07:090:07:09

of having had a whacking great hangover

0:07:090:07:10

of having had a whacking great hangover after

0:07:100:07:11

of having had a whacking great hangover after a

0:07:110:07:11

of having had a whacking great hangover after a debt-fuelled

0:07:110:07:12

hangover after a debt-fuelled housing

0:07:120:07:12

hangover after a debt-fuelled housing boom,

0:07:120:07:13

hangover after a debt-fuelled housing boom, our

0:07:130:07:14

hangover after a debt-fuelled housing boom, our policy

0:07:140:07:15

hangover after a debt-fuelled housing boom, our policy seems

0:07:150:07:15

hangover after a debt-fuelled housing boom, our policy seems to

0:07:150:07:15

housing boom, our policy seems to focus

0:07:150:07:15

housing boom, our policy seems to focus on

0:07:150:07:17

housing boom, our policy seems to focus on the

0:07:170:07:17

housing boom, our policy seems to focus on the hare

0:07:170:07:18

housing boom, our policy seems to focus on the hare of

0:07:180:07:18

housing boom, our policy seems to focus on the hare of the

0:07:180:07:18

housing boom, our policy seems to focus on the hare of the --

0:07:180:07:18

housing boom, our policy seems to focus on the hare of the -- hair

0:07:180:07:18

housing boom, our policy seems to focus on the hare of the -- hair of

0:07:180:07:19

focus on the hare of the -- hair of the

0:07:190:07:20

focus on the hare of the -- hair of the dug

0:07:200:07:20

focus on the hare of the -- hair of the dug bitters.

0:07:200:07:20

focus on the hare of the -- hair of the dug bitters. What

0:07:200:07:20

focus on the hare of the -- hair of the dug bitters. What about

0:07:200:07:21

focus on the hare of the -- hair of the dug bitters. What about the

0:07:210:07:21

focus on the hare of the -- hair of the dug bitters. What about the cap

0:07:210:07:21

the dug bitters. What about the cap on

0:07:210:07:21

the dug bitters. What about the cap on the

0:07:210:07:21

the dug bitters. What about the cap on the profit

0:07:210:07:22

the dug bitters. What about the cap on the profit as

0:07:220:07:22

the dug bitters. What about the cap on the profit as mooted

0:07:220:07:23

the dug bitters. What about the cap on the profit as mooted last

0:07:230:07:23

on the profit as mooted last week? I

0:07:230:07:24

on the profit as mooted last week? I think

0:07:240:07:24

on the profit as mooted last week? I think the

0:07:240:07:24

on the profit as mooted last week? I think the cap

0:07:240:07:24

on the profit as mooted last week? I think the cap on

0:07:240:07:25

on the profit as mooted last week? I think the cap on the

0:07:250:07:25

on the profit as mooted last week? I think the cap on the profit from

0:07:250:07:25

I think the cap on the profit from the

0:07:250:07:26

I think the cap on the profit from the chartered

0:07:260:07:26

I think the cap on the profit from the chartered surveyor

0:07:260:07:26

I think the cap on the profit from the chartered surveyor was

0:07:260:07:26

I think the cap on the profit from the chartered surveyor was to

0:07:260:07:26

I think the cap on the profit from the chartered surveyor was to put

0:07:260:07:27

I think the cap on the profit from the chartered surveyor was to put a

0:07:270:07:27

the chartered surveyor was to put a cap

0:07:270:07:27

the chartered surveyor was to put a cap on

0:07:270:07:28

the chartered surveyor was to put a cap on the

0:07:280:07:28

the chartered surveyor was to put a cap on the rate

0:07:280:07:28

the chartered surveyor was to put a cap on the rate of

0:07:280:07:28

the chartered surveyor was to put a cap on the rate of increase

0:07:280:07:28

the chartered surveyor was to put a cap on the rate of increase of

0:07:280:07:29

cap on the rate of increase of house

0:07:290:07:30

cap on the rate of increase of house prices.

0:07:300:07:30

cap on the rate of increase of house prices. I

0:07:300:07:30

cap on the rate of increase of house prices. I think

0:07:300:07:30

cap on the rate of increase of house prices. I think they

0:07:300:07:30

cap on the rate of increase of house prices. I think they are

0:07:300:07:31

house prices. I think they are quite

0:07:310:07:31

house prices. I think they are quite right

0:07:310:07:32

house prices. I think they are quite right to

0:07:320:07:32

house prices. I think they are quite right to focus

0:07:320:07:32

house prices. I think they are quite right to focus on

0:07:320:07:33

house prices. I think they are quite right to focus on the

0:07:330:07:33

house prices. I think they are quite right to focus on the issue

0:07:330:07:34

quite right to focus on the issue that

0:07:340:07:34

quite right to focus on the issue that a

0:07:340:07:34

quite right to focus on the issue that a combination

0:07:340:07:35

quite right to focus on the issue that a combination of

0:07:350:07:35

quite right to focus on the issue that a combination of credit

0:07:350:07:36

that a combination of credit extension

0:07:360:07:36

that a combination of credit extension and

0:07:360:07:37

that a combination of credit extension and asset

0:07:370:07:37

that a combination of credit extension and asset increases

0:07:370:07:38

that a combination of credit extension and asset increases can

0:07:380:07:38

extension and asset increases can create

0:07:380:07:39

extension and asset increases can create a

0:07:390:07:40

extension and asset increases can create a self-reinforcing boom

0:07:400:07:40

create a self-reinforcing boom which

0:07:400:07:40

create a self-reinforcing boom which ends

0:07:400:07:41

create a self-reinforcing boom which ends in

0:07:410:07:41

create a self-reinforcing boom which ends in disaster.

0:07:410:07:42

create a self-reinforcing boom which ends in disaster. I'm

0:07:420:07:42

create a self-reinforcing boom which ends in disaster. I'm not

0:07:420:07:42

which ends in disaster. I'm not convinced

0:07:420:07:43

which ends in disaster. I'm not convinced that

0:07:430:07:44

which ends in disaster. I'm not convinced that any

0:07:440:07:44

which ends in disaster. I'm not convinced that any policy

0:07:440:07:44

which ends in disaster. I'm not convinced that any policy regime

0:07:440:07:45

convinced that any policy regime will

0:07:450:07:45

convinced that any policy regime will ever

0:07:450:07:45

convinced that any policy regime will ever be

0:07:450:07:45

convinced that any policy regime will ever be clever

0:07:450:07:45

convinced that any policy regime will ever be clever enough

0:07:450:07:45

convinced that any policy regime will ever be clever enough to,

0:07:450:07:46

convinced that any policy regime will ever be clever enough to, as

0:07:460:07:47

will ever be clever enough to, as it

0:07:470:07:47

will ever be clever enough to, as it were,

0:07:470:07:47

will ever be clever enough to, as it were, limit

0:07:470:07:47

will ever be clever enough to, as it were, limit house

0:07:470:07:47

will ever be clever enough to, as it were, limit house prices

0:07:470:07:48

will ever be clever enough to, as it were, limit house prices on

0:07:480:07:49

will ever be clever enough to, as it were, limit house prices on a

0:07:490:07:50

it were, limit house prices on a year-by-year

0:07:500:07:50

it were, limit house prices on a year-by-year basis.

0:07:500:07:50

it were, limit house prices on a year-by-year basis. We

0:07:500:07:50

it were, limit house prices on a year-by-year basis. We have

0:07:500:07:51

it were, limit house prices on a year-by-year basis. We have to

0:07:510:07:51

it were, limit house prices on a year-by-year basis. We have to ask

0:07:510:07:51

year-by-year basis. We have to ask fundamental

0:07:510:07:51

year-by-year basis. We have to ask fundamental questions

0:07:510:07:51

year-by-year basis. We have to ask fundamental questions about

0:07:510:07:52

year-by-year basis. We have to ask fundamental questions about the

0:07:520:07:52

fundamental questions about the growth

0:07:520:07:53

fundamental questions about the growth of

0:07:530:07:53

fundamental questions about the growth of credit.

0:07:530:07:54

fundamental questions about the growth of credit. Including

0:07:540:07:54

fundamental questions about the growth of credit. Including credit

0:07:540:07:54

growth of credit. Including credit against

0:07:540:07:54

growth of credit. Including credit against houses.

0:07:540:07:55

growth of credit. Including credit against houses. Here

0:07:550:07:55

growth of credit. Including credit against houses. Here is

0:07:550:07:55

growth of credit. Including credit against houses. Here is a

0:07:550:07:57

growth of credit. Including credit against houses. Here is a key

0:07:570:07:57

growth of credit. Including credit against houses. Here is a key fact,

0:07:570:07:57

against houses. Here is a key fact, in

0:07:570:07:57

against houses. Here is a key fact, in 1960,

0:07:570:07:59

against houses. Here is a key fact, in 1960, UK

0:07:590:08:00

against houses. Here is a key fact, in 1960, UK household

0:08:000:08:00

against houses. Here is a key fact, in 1960, UK household borrowing,

0:08:000:08:00

in 1960, UK household borrowing, as a

0:08:000:08:01

in 1960, UK household borrowing, as a per

0:08:010:08:01

in 1960, UK household borrowing, as a per cent

0:08:010:08:01

in 1960, UK household borrowing, as a per cent of

0:08:010:08:01

in 1960, UK household borrowing, as a per cent of our

0:08:010:08:02

in 1960, UK household borrowing, as a per cent of our national

0:08:020:08:03

in 1960, UK household borrowing, as a per cent of our national income

0:08:030:08:04

a per cent of our national income was

0:08:040:08:04

a per cent of our national income was 15%.

0:08:040:08:05

a per cent of our national income was 15%. By

0:08:050:08:05

a per cent of our national income was 15%. By 2008

0:08:050:08:05

a per cent of our national income was 15%. By 2008 it

0:08:050:08:05

a per cent of our national income was 15%. By 2008 it was

0:08:050:08:06

a per cent of our national income was 15%. By 2008 it was over

0:08:060:08:06

a per cent of our national income was 15%. By 2008 it was over 90%.

0:08:060:08:07

was 15%. By 2008 it was over 90%. That's

0:08:070:08:07

was 15%. By 2008 it was over 90%. That's a

0:08:070:08:07

was 15%. By 2008 it was over 90%. That's a huge

0:08:070:08:07

was 15%. By 2008 it was over 90%. That's a huge change

0:08:070:08:08

was 15%. By 2008 it was over 90%. That's a huge change in

0:08:080:08:08

was 15%. By 2008 it was over 90%. That's a huge change in the

0:08:080:08:08

was 15%. By 2008 it was over 90%. That's a huge change in the amount

0:08:080:08:08

That's a huge change in the amount of

0:08:080:08:09

That's a huge change in the amount of debt in

0:08:090:08:10

That's a huge change in the amount of debt in our

0:08:100:08:10

That's a huge change in the amount of debt in our economy.

0:08:100:08:11

That's a huge change in the amount of debt in our economy. That

0:08:110:08:11

That's a huge change in the amount of debt in our economy. That has

0:08:110:08:11

of debt in our economy. That has cons

0:08:110:08:11

of debt in our economy. That has cons sequences

0:08:110:08:12

of debt in our economy. That has cons sequences which

0:08:120:08:12

of debt in our economy. That has cons sequences which we

0:08:120:08:12

of debt in our economy. That has cons sequences which we are

0:08:120:08:13

of debt in our economy. That has cons sequences which we are now

0:08:130:08:14

cons sequences which we are now living

0:08:140:08:14

cons sequences which we are now living with.

0:08:140:08:15

cons sequences which we are now living with. --

0:08:150:08:15

cons sequences which we are now living with. -- Consequences

0:08:150:08:16

cons sequences which we are now living with. -- Consequences we

0:08:160:08:16

cons sequences which we are now living with. -- Consequences we are

0:08:160:08:16

living with. -- Consequences we are now

0:08:160:08:16

living with. -- Consequences we are now living

0:08:160:08:16

living with. -- Consequences we are now living with.

0:08:160:08:17

living with. -- Consequences we are now living with. If

0:08:170:08:18

living with. -- Consequences we are now living with. If you

0:08:180:08:18

living with. -- Consequences we are now living with. If you get

0:08:180:08:18

living with. -- Consequences we are now living with. If you get people

0:08:180:08:18

now living with. If you get people to

0:08:180:08:18

now living with. If you get people to pay

0:08:180:08:19

now living with. If you get people to pay down

0:08:190:08:19

now living with. If you get people to pay down debt,

0:08:190:08:19

now living with. If you get people to pay down debt, it

0:08:190:08:20

now living with. If you get people to pay down debt, it flattens

0:08:200:08:20

to pay down debt, it flattens growth?

0:08:200:08:20

to pay down debt, it flattens growth? That

0:08:200:08:21

to pay down debt, it flattens growth? That is

0:08:210:08:21

to pay down debt, it flattens growth? That is the

0:08:210:08:21

to pay down debt, it flattens growth? That is the problem.

0:08:210:08:22

to pay down debt, it flattens growth? That is the problem. The

0:08:220:08:22

growth? That is the problem. The problem

0:08:220:08:22

growth? That is the problem. The problem is

0:08:220:08:23

growth? That is the problem. The problem is we

0:08:230:08:23

growth? That is the problem. The problem is we should

0:08:230:08:23

growth? That is the problem. The problem is we should never

0:08:230:08:24

growth? That is the problem. The problem is we should never have

0:08:240:08:24

problem is we should never have allowed

0:08:240:08:24

problem is we should never have allowed quite

0:08:240:08:24

problem is we should never have allowed quite so

0:08:240:08:25

problem is we should never have allowed quite so much

0:08:250:08:25

problem is we should never have allowed quite so much debt

0:08:250:08:25

problem is we should never have allowed quite so much debt to

0:08:250:08:25

problem is we should never have allowed quite so much debt to grow

0:08:250:08:26

allowed quite so much debt to grow in

0:08:260:08:26

allowed quite so much debt to grow in the

0:08:260:08:26

allowed quite so much debt to grow in the first

0:08:260:08:27

allowed quite so much debt to grow in the first place.

0:08:270:08:27

allowed quite so much debt to grow in the first place. The

0:08:270:08:28

allowed quite so much debt to grow in the first place. The fundamental

0:08:280:08:28

in the first place. The fundamental problem

0:08:280:08:28

in the first place. The fundamental problem across

0:08:280:08:28

in the first place. The fundamental problem across the

0:08:280:08:29

in the first place. The fundamental problem across the whole

0:08:290:08:29

in the first place. The fundamental problem across the whole of

0:08:290:08:29

in the first place. The fundamental problem across the whole of the

0:08:290:08:29

problem across the whole of the advanced

0:08:290:08:30

problem across the whole of the advanced problems

0:08:300:08:30

problem across the whole of the advanced problems is

0:08:300:08:30

problem across the whole of the advanced problems is a

0:08:300:08:30

problem across the whole of the advanced problems is a huge

0:08:300:08:31

advanced problems is a huge increase

0:08:310:08:31

advanced problems is a huge increase in

0:08:310:08:31

advanced problems is a huge increase in debt

0:08:310:08:32

advanced problems is a huge increase in debt or

0:08:320:08:32

advanced problems is a huge increase in debt or leverage,

0:08:320:08:32

advanced problems is a huge increase in debt or leverage, the

0:08:320:08:33

increase in debt or leverage, the relationship

0:08:330:08:33

increase in debt or leverage, the relationship of

0:08:330:08:33

increase in debt or leverage, the relationship of debt

0:08:330:08:34

increase in debt or leverage, the relationship of debt to

0:08:340:08:34

increase in debt or leverage, the relationship of debt to income,

0:08:340:08:35

relationship of debt to income, which

0:08:350:08:35

relationship of debt to income, which occurred

0:08:350:08:36

relationship of debt to income, which occurred over

0:08:360:08:36

relationship of debt to income, which occurred over four

0:08:360:08:36

relationship of debt to income, which occurred over four or

0:08:360:08:36

relationship of debt to income, which occurred over four or five

0:08:360:08:37

which occurred over four or five decades

0:08:370:08:37

which occurred over four or five decades before

0:08:370:08:38

which occurred over four or five decades before the

0:08:380:08:38

which occurred over four or five decades before the financial

0:08:380:08:38

which occurred over four or five decades before the financial crisis.

0:08:380:08:39

decades before the financial crisis. And

0:08:390:08:39

decades before the financial crisis. And the

0:08:390:08:40

decades before the financial crisis. And the fundamental

0:08:400:08:40

decades before the financial crisis. And the fundamental reason

0:08:400:08:40

decades before the financial crisis. And the fundamental reason why

0:08:400:08:41

decades before the financial crisis. And the fundamental reason why we

0:08:410:08:41

And the fundamental reason why we have

0:08:410:08:42

And the fundamental reason why we have now

0:08:420:08:42

And the fundamental reason why we have now got

0:08:420:08:42

And the fundamental reason why we have now got a

0:08:420:08:42

And the fundamental reason why we have now got a depression

0:08:420:08:43

And the fundamental reason why we have now got a depression from

0:08:430:08:43

have now got a depression from which

0:08:430:08:43

have now got a depression from which we

0:08:430:08:43

have now got a depression from which we are

0:08:430:08:43

have now got a depression from which we are finding

0:08:430:08:44

have now got a depression from which we are finding it

0:08:440:08:44

have now got a depression from which we are finding it very

0:08:440:08:44

which we are finding it very difficult

0:08:440:08:44

which we are finding it very difficult to

0:08:440:08:45

which we are finding it very difficult to escape

0:08:450:08:45

which we are finding it very difficult to escape is

0:08:450:08:45

which we are finding it very difficult to escape is that

0:08:450:08:46

which we are finding it very difficult to escape is that once

0:08:460:08:46

difficult to escape is that once you

0:08:460:08:46

difficult to escape is that once you then

0:08:460:08:46

difficult to escape is that once you then get

0:08:460:08:47

difficult to escape is that once you then get to

0:08:470:08:47

difficult to escape is that once you then get to crisis

0:08:470:08:47

difficult to escape is that once you then get to crisis you

0:08:470:08:47

difficult to escape is that once you then get to crisis you have

0:08:470:08:48

difficult to escape is that once you then get to crisis you have a

0:08:480:08:48

you then get to crisis you have a whole

0:08:480:08:48

you then get to crisis you have a whole load

0:08:480:08:48

you then get to crisis you have a whole load of

0:08:480:08:49

you then get to crisis you have a whole load of people

0:08:490:08:49

you then get to crisis you have a whole load of people focused

0:08:490:08:49

you then get to crisis you have a whole load of people focused on

0:08:490:08:50

whole load of people focused on paying

0:08:500:08:50

whole load of people focused on paying down

0:08:500:08:51

whole load of people focused on paying down their

0:08:510:08:51

whole load of people focused on paying down their debt.

0:08:510:08:51

whole load of people focused on paying down their debt. That's

0:08:510:08:54

whole load of people focused on paying down their debt. That's what

0:08:540:08:55

paying down their debt. That's what happened,

0:08:550:08:55

paying down their debt. That's what happened, for

0:08:550:08:55

paying down their debt. That's what happened, for instance

0:08:550:08:55

paying down their debt. That's what happened, for instance in

0:08:550:08:56

paying down their debt. That's what happened, for instance in Japan

0:08:560:08:56

paying down their debt. That's what happened, for instance in Japan in

0:08:560:08:57

happened, for instance in Japan in the

0:08:570:08:57

happened, for instance in Japan in the 1990s

0:08:570:08:57

happened, for instance in Japan in the 1990s when

0:08:570:08:57

happened, for instance in Japan in the 1990s when the

0:08:570:08:58

happened, for instance in Japan in the 1990s when the important

0:08:580:08:59

happened, for instance in Japan in the 1990s when the important bubble

0:08:590:08:59

the 1990s when the important bubble burst,

0:08:590:08:59

the 1990s when the important bubble burst, we

0:08:590:08:59

the 1990s when the important bubble burst, we are

0:08:590:08:59

the 1990s when the important bubble burst, we are in

0:08:590:09:00

the 1990s when the important bubble burst, we are in a

0:09:000:09:00

the 1990s when the important bubble burst, we are in a very

0:09:000:09:00

the 1990s when the important bubble burst, we are in a very similar

0:09:000:09:00

burst, we are in a very similar situation

0:09:000:09:01

burst, we are in a very similar situation in

0:09:010:09:01

burst, we are in a very similar situation in the

0:09:010:09:01

burst, we are in a very similar situation in the US

0:09:010:09:01

burst, we are in a very similar situation in the US and

0:09:010:09:02

burst, we are in a very similar situation in the US and the

0:09:020:09:02

burst, we are in a very similar situation in the US and the UK.

0:09:020:09:02

burst, we are in a very similar situation in the US and the UK. Let

0:09:020:09:02

situation in the US and the UK. Let me

0:09:020:09:03

situation in the US and the UK. Let me talk

0:09:030:09:03

situation in the US and the UK. Let me talk about

0:09:030:09:03

situation in the US and the UK. Let me talk about the

0:09:030:09:03

situation in the US and the UK. Let me talk about the measure

0:09:030:09:03

situation in the US and the UK. Let me talk about the measure we

0:09:030:09:04

situation in the US and the UK. Let me talk about the measure we have

0:09:040:09:04

me talk about the measure we have seen

0:09:040:09:04

me talk about the measure we have seen here,

0:09:040:09:04

me talk about the measure we have seen here, the

0:09:040:09:05

me talk about the measure we have seen here, the partial

0:09:050:09:05

me talk about the measure we have seen here, the partial sale

0:09:050:09:05

me talk about the measure we have seen here, the partial sale of

0:09:050:09:06

seen here, the partial sale of Lloyd's,

0:09:060:09:06

seen here, the partial sale of Lloyd's, what

0:09:060:09:07

seen here, the partial sale of Lloyd's, what about

0:09:070:09:07

seen here, the partial sale of Lloyd's, what about RBS.

0:09:070:09:08

seen here, the partial sale of Lloyd's, what about RBS. Does

0:09:080:09:08

seen here, the partial sale of Lloyd's, what about RBS. Does it

0:09:080:09:08

Lloyd's, what about RBS. Does it signal

0:09:080:09:08

Lloyd's, what about RBS. Does it signal that

0:09:080:09:09

Lloyd's, what about RBS. Does it signal that we

0:09:090:09:09

Lloyd's, what about RBS. Does it signal that we are

0:09:090:09:09

Lloyd's, what about RBS. Does it signal that we are ready

0:09:090:09:09

Lloyd's, what about RBS. Does it signal that we are ready to

0:09:090:09:10

Lloyd's, what about RBS. Does it signal that we are ready to see

0:09:100:09:11

Lloyd's, what about RBS. Does it signal that we are ready to see the

0:09:110:09:11

signal that we are ready to see the sell-off

0:09:110:09:11

signal that we are ready to see the sell-off of

0:09:110:09:12

signal that we are ready to see the sell-off of RBS

0:09:120:09:12

signal that we are ready to see the sell-off of RBS now?

0:09:120:09:13

signal that we are ready to see the sell-off of RBS now? I'm

0:09:130:09:14

signal that we are ready to see the sell-off of RBS now? I'm sure

0:09:140:09:14

signal that we are ready to see the sell-off of RBS now? I'm sure RBS

0:09:140:09:16

sell-off of RBS now? I'm sure RBS will

0:09:160:09:16

sell-off of RBS now? I'm sure RBS will follow.

0:09:160:09:16

sell-off of RBS now? I'm sure RBS will follow. Soon?

0:09:160:09:17

sell-off of RBS now? I'm sure RBS will follow. Soon? It

0:09:170:09:17

sell-off of RBS now? I'm sure RBS will follow. Soon? It has

0:09:170:09:18

sell-off of RBS now? I'm sure RBS will follow. Soon? It has always

0:09:180:09:18

will follow. Soon? It has always been

0:09:180:09:18

will follow. Soon? It has always been a

0:09:180:09:19

will follow. Soon? It has always been a more

0:09:190:09:19

will follow. Soon? It has always been a more complicit

0:09:190:09:19

will follow. Soon? It has always been a more complicit cad

0:09:190:09:19

will follow. Soon? It has always been a more complicit cad bank

0:09:190:09:20

will follow. Soon? It has always been a more complicit cad bank than

0:09:200:09:20

been a more complicit cad bank than Lloyd's.

0:09:200:09:20

been a more complicit cad bank than Lloyd's. That

0:09:200:09:20

been a more complicit cad bank than Lloyd's. That is

0:09:200:09:21

been a more complicit cad bank than Lloyd's. That is a

0:09:210:09:21

been a more complicit cad bank than Lloyd's. That is a very

0:09:210:09:21

been a more complicit cad bank than Lloyd's. That is a very focused

0:09:210:09:21

Lloyd's. That is a very focused bank

0:09:210:09:22

Lloyd's. That is a very focused bank in

0:09:220:09:22

Lloyd's. That is a very focused bank in terms

0:09:220:09:22

Lloyd's. That is a very focused bank in terms of

0:09:220:09:23

Lloyd's. That is a very focused bank in terms of what

0:09:230:09:23

Lloyd's. That is a very focused bank in terms of what businesses

0:09:230:09:23

Lloyd's. That is a very focused bank in terms of what businesses it

0:09:230:09:24

bank in terms of what businesses it does

0:09:240:09:24

bank in terms of what businesses it does and

0:09:240:09:24

bank in terms of what businesses it does and which

0:09:240:09:25

bank in terms of what businesses it does and which going

0:09:250:09:25

bank in terms of what businesses it does and which going fees.

0:09:250:09:26

bank in terms of what businesses it does and which going fees. RBS

0:09:260:09:26

bank in terms of what businesses it does and which going fees. RBS had

0:09:260:09:27

does and which going fees. RBS had grown

0:09:270:09:27

does and which going fees. RBS had grown into

0:09:270:09:28

does and which going fees. RBS had grown into a

0:09:280:09:29

does and which going fees. RBS had grown into a complicated

0:09:290:09:29

grown into a complicated conglomerate,

0:09:290:09:29

grown into a complicated conglomerate, and

0:09:290:09:29

grown into a complicated conglomerate, and getting

0:09:290:09:30

grown into a complicated conglomerate, and getting it

0:09:300:09:30

grown into a complicated conglomerate, and getting it into

0:09:300:09:30

grown into a complicated conglomerate, and getting it into a

0:09:300:09:31

conglomerate, and getting it into a shape

0:09:310:09:31

conglomerate, and getting it into a shape for

0:09:310:09:31

conglomerate, and getting it into a shape for sale

0:09:310:09:32

conglomerate, and getting it into a shape for sale we

0:09:320:09:32

conglomerate, and getting it into a shape for sale we had

0:09:320:09:32

conglomerate, and getting it into a shape for sale we had always

0:09:320:09:33

conglomerate, and getting it into a shape for sale we had always known

0:09:330:09:33

shape for sale we had always known would

0:09:330:09:33

shape for sale we had always known would be

0:09:330:09:34

shape for sale we had always known would be more

0:09:340:09:34

shape for sale we had always known would be more complicated

0:09:340:09:34

shape for sale we had always known would be more complicated than

0:09:340:09:34

shape for sale we had always known would be more complicated than in

0:09:340:09:35

would be more complicated than in the

0:09:350:09:35

would be more complicated than in the case

0:09:350:09:35

would be more complicated than in the case of

0:09:350:09:35

would be more complicated than in the case of Lloyd's.

0:09:350:09:35

would be more complicated than in the case of Lloyd's. I

0:09:350:09:36

would be more complicated than in the case of Lloyd's. I don't

0:09:360:09:36

would be more complicated than in the case of Lloyd's. I don't know

0:09:360:09:36

the case of Lloyd's. I don't know how

0:09:360:09:36

the case of Lloyd's. I don't know how soon

0:09:360:09:37

the case of Lloyd's. I don't know how soon it

0:09:370:09:37

the case of Lloyd's. I don't know how soon it will

0:09:370:09:37

the case of Lloyd's. I don't know how soon it will be,

0:09:370:09:37

the case of Lloyd's. I don't know how soon it will be, I'm

0:09:370:09:38

the case of Lloyd's. I don't know how soon it will be, I'm sure

0:09:380:09:38

the case of Lloyd's. I don't know how soon it will be, I'm sure there

0:09:380:09:38

how soon it will be, I'm sure there will

0:09:380:09:38

how soon it will be, I'm sure there will be

0:09:380:09:39

how soon it will be, I'm sure there will be a

0:09:390:09:39

how soon it will be, I'm sure there will be a progress

0:09:390:09:39

how soon it will be, I'm sure there will be a progress eventually

0:09:390:09:39

how soon it will be, I'm sure there will be a progress eventually with

0:09:390:09:40

will be a progress eventually with the

0:09:400:09:40

will be a progress eventually with the sol-off

0:09:400:09:40

will be a progress eventually with the sol-off of

0:09:400:09:41

will be a progress eventually with the sol-off of RBS

0:09:410:09:42

will be a progress eventually with the sol-off of RBS as

0:09:420:09:42

will be a progress eventually with the sol-off of RBS as well.

0:09:420:09:43

will be a progress eventually with the sol-off of RBS as well. You

0:09:430:09:43

the sol-off of RBS as well. You witnessed

0:09:430:09:43

the sol-off of RBS as well. You witnessed the

0:09:430:09:43

the sol-off of RBS as well. You witnessed the whole

0:09:430:09:44

the sol-off of RBS as well. You witnessed the whole crisis

0:09:440:09:44

the sol-off of RBS as well. You witnessed the whole crisis and

0:09:440:09:44

witnessed the whole crisis and what happened

0:09:440:09:45

witnessed the whole crisis and what happened to

0:09:450:09:45

witnessed the whole crisis and what happened to this

0:09:450:09:46

witnessed the whole crisis and what happened to this country,

0:09:460:09:46

witnessed the whole crisis and what happened to this country, do

0:09:460:09:46

witnessed the whole crisis and what happened to this country, do you

0:09:460:09:46

witnessed the whole crisis and what think anything

0:09:460:09:47

witnessed the whole crisis and what think anything has

0:09:470:09:47

witnessed the whole crisis and what think anything has been

0:09:470:09:47

witnessed the whole crisis and what think anything has been learned

0:09:470:09:47

witnessed the whole crisis and what think anything has been learned and

0:09:470:09:48

think anything has been learned and do

0:09:480:09:48

think anything has been learned and do you

0:09:480:09:48

think anything has been learned and do you think

0:09:480:09:49

think anything has been learned and do you think the

0:09:490:09:49

think anything has been learned and do you think the policies,

0:09:490:09:50

think anything has been learned and do you think the policies, the

0:09:500:09:51

do you think the policies, the movements

0:09:510:09:51

do you think the policies, the movements of

0:09:510:09:51

do you think the policies, the movements of for

0:09:510:09:51

do you think the policies, the movements of for example

0:09:510:09:51

do you think the policies, the movements of for example Mark

0:09:510:09:52

movements of for example Mark Carney

0:09:520:09:52

movements of for example Mark Carney and

0:09:520:09:52

movements of for example Mark Carney and George

0:09:520:09:52

movements of for example Mark Carney and George Osborne

0:09:520:09:53

movements of for example Mark Carney and George Osborne now

0:09:530:09:53

movements of for example Mark Carney and George Osborne now are

0:09:530:09:53

Carney and George Osborne now are the

0:09:530:09:53

Carney and George Osborne now are the right

0:09:530:09:53

Carney and George Osborne now are the right ones?

0:09:530:09:53

Carney and George Osborne now are the right ones? I

0:09:530:09:54

Carney and George Osborne now are the right ones? I think

0:09:540:09:54

Carney and George Osborne now are the right ones? I think we

0:09:540:09:54

Carney and George Osborne now are the right ones? I think we have

0:09:540:09:54

the right ones? I think we have made

0:09:540:09:55

the right ones? I think we have made a

0:09:550:09:55

the right ones? I think we have made a lot

0:09:550:09:55

the right ones? I think we have made a lot of

0:09:550:09:55

the right ones? I think we have made a lot of steps

0:09:550:09:55

the right ones? I think we have made a lot of steps to

0:09:550:09:56

the right ones? I think we have made a lot of steps to make

0:09:560:09:57

the right ones? I think we have made a lot of steps to make sure

0:09:570:09:57

made a lot of steps to make sure that

0:09:570:09:57

made a lot of steps to make sure that the

0:09:570:09:58

made a lot of steps to make sure that the financial

0:09:580:09:58

made a lot of steps to make sure that the financial system

0:09:580:09:59

made a lot of steps to make sure that the financial system itself

0:09:590:10:00

made a lot of steps to make sure that the financial system itself is

0:10:000:10:00

that the financial system itself is more

0:10:000:10:01

that the financial system itself is more stable,

0:10:010:10:01

that the financial system itself is more stable, more

0:10:010:10:01

that the financial system itself is more stable, more capital

0:10:010:10:02

that the financial system itself is more stable, more capital in

0:10:020:10:02

that the financial system itself is more stable, more capital in the

0:10:020:10:02

more stable, more capital in the bank.

0:10:020:10:04

more stable, more capital in the bank. More

0:10:040:10:04

more stable, more capital in the bank. More liquidity,

0:10:040:10:04

more stable, more capital in the bank. More liquidity, better

0:10:040:10:06

bank. More liquidity, better resolution

0:10:060:10:06

bank. More liquidity, better resolution procedures.

0:10:060:10:06

bank. More liquidity, better resolution procedures. The

0:10:060:10:06

bank. More liquidity, better resolution procedures. The chances

0:10:060:10:07

resolution procedures. The chances of

0:10:070:10:07

resolution procedures. The chances of a

0:10:070:10:07

resolution procedures. The chances of a major

0:10:070:10:07

resolution procedures. The chances of a major bank

0:10:070:10:07

resolution procedures. The chances of a major bank failure

0:10:070:10:08

resolution procedures. The chances of a major bank failure or

0:10:080:10:08

of a major bank failure or financial

0:10:080:10:08

of a major bank failure or financial crisis

0:10:080:10:09

of a major bank failure or financial crisis are

0:10:090:10:09

of a major bank failure or financial crisis are greatly

0:10:090:10:09

of a major bank failure or financial crisis are greatly redo

0:10:090:10:10

financial crisis are greatly redo youed.

0:10:100:10:10

financial crisis are greatly redo youed. A

0:10:100:10:10

financial crisis are greatly redo youed. A lot

0:10:100:10:10

financial crisis are greatly redo youed. A lot of

0:10:100:10:11

financial crisis are greatly redo youed. A lot of very

0:10:110:10:11

financial crisis are greatly redo youed. A lot of very hard

0:10:110:10:11

financial crisis are greatly redo youed. A lot of very hard work

0:10:110:10:12

financial crisis are greatly redo youed. A lot of very hard work has

0:10:120:10:12

youed. A lot of very hard work has gone

0:10:120:10:12

youed. A lot of very hard work has gone --

0:10:120:10:13

youed. A lot of very hard work has gone -- reduced.

0:10:130:10:13

youed. A lot of very hard work has gone -- reduced. A

0:10:130:10:13

youed. A lot of very hard work has gone -- reduced. A lot

0:10:130:10:13

youed. A lot of very hard work has gone -- reduced. A lot of

0:10:130:10:14

youed. A lot of very hard work has gone -- reduced. A lot of very

0:10:140:10:14

youed. A lot of very hard work has gone -- reduced. A lot of very hard

0:10:140:10:14

gone -- reduced. A lot of very hard work

0:10:140:10:15

gone -- reduced. A lot of very hard work has

0:10:150:10:15

gone -- reduced. A lot of very hard work has gone

0:10:150:10:16

gone -- reduced. A lot of very hard work has gone into

0:10:160:10:16

gone -- reduced. A lot of very hard work has gone into that.

0:10:160:10:16

gone -- reduced. A lot of very hard work has gone into that. What

0:10:160:10:17

gone -- reduced. A lot of very hard work has gone into that. What I'm

0:10:170:10:17

work has gone into that. What I'm not

0:10:170:10:17

work has gone into that. What I'm not convinced

0:10:170:10:18

work has gone into that. What I'm not convinced is

0:10:180:10:18

work has gone into that. What I'm not convinced is he

0:10:180:10:18

work has gone into that. What I'm not convinced is he will

0:10:180:10:18

work has gone into that. What I'm not convinced is he will we

0:10:180:10:18

work has gone into that. What I'm not convinced is he will we have

0:10:180:10:19

not convinced is he will we have really

0:10:190:10:19

not convinced is he will we have really adequately

0:10:190:10:20

not convinced is he will we have really adequately thought

0:10:200:10:20

not convinced is he will we have really adequately thought of

0:10:200:10:20

not convinced is he will we have really adequately thought of the

0:10:200:10:20

really adequately thought of the driver

0:10:200:10:20

really adequately thought of the driver that

0:10:200:10:21

really adequately thought of the driver that is

0:10:210:10:21

really adequately thought of the driver that is occurred

0:10:210:10:21

really adequately thought of the driver that is occurred in

0:10:210:10:21

really adequately thought of the driver that is occurred in this

0:10:210:10:22

driver that is occurred in this country

0:10:220:10:22

driver that is occurred in this country and

0:10:220:10:22

driver that is occurred in this country and elsewhere

0:10:220:10:23

driver that is occurred in this country and elsewhere in

0:10:230:10:23

driver that is occurred in this country and elsewhere in 208

0:10:230:10:24

driver that is occurred in this country and elsewhere in 208 and

0:10:240:10:24

country and elsewhere in 208 and the

0:10:240:10:24

country and elsewhere in 208 and the way

0:10:240:10:24

country and elsewhere in 208 and the way it

0:10:240:10:24

country and elsewhere in 208 and the way it was

0:10:240:10:25

country and elsewhere in 208 and the way it was the

0:10:250:10:25

country and elsewhere in 208 and the way it was the product

0:10:250:10:25

country and elsewhere in 208 and the way it was the product of

0:10:250:10:26

country and elsewhere in 208 and the way it was the product of an

0:10:260:10:26

the way it was the product of an increase

0:10:260:10:27

the way it was the product of an increase in

0:10:270:10:27

the way it was the product of an increase in leverage

0:10:270:10:27

the way it was the product of an increase in leverage over

0:10:270:10:28

the way it was the product of an increase in leverage over several

0:10:280:10:29

increase in leverage over several decades.

0:10:290:10:29

increase in leverage over several decades. Thank

0:10:290:10:29

increase in leverage over several decades. Thank you

0:10:290:10:29

increase in leverage over several decades. Thank you very

0:10:290:10:29

increase in leverage over several decades. Thank you very much.

0:10:290:10:30

increase in leverage over several decades. Thank you very much. Hold

0:10:300:10:30

decades. Thank you very much. Hold that

0:10:300:10:30

decades. Thank you very much. Hold that thought.

0:10:300:10:30

decades. Thank you very much. Hold that thought. If

0:10:300:10:31

decades. Thank you very much. Hold that thought. If there

0:10:310:10:31

decades. Thank you very much. Hold that thought. If there is

0:10:310:10:31

decades. Thank you very much. Hold that thought. If there is one

0:10:310:10:31

decades. Thank you very much. Hold that thought. If there is one area

0:10:310:10:32

that thought. If there is one area steaming

0:10:320:10:32

that thought. If there is one area steaming ahead

0:10:320:10:32

that thought. If there is one area steaming ahead it

0:10:320:10:32

that thought. If there is one area steaming ahead it is

0:10:320:10:33

that thought. If there is one area steaming ahead it is the

0:10:330:10:33

that thought. If there is one area steaming ahead it is the Internet

0:10:330:10:33

steaming ahead it is the Internet economy,

0:10:330:10:34

steaming ahead it is the Internet economy, forecast

0:10:340:10:34

steaming ahead it is the Internet economy, forecast to

0:10:340:10:35

steaming ahead it is the Internet economy, forecast to grow

0:10:350:10:35

steaming ahead it is the Internet economy, forecast to grow at

0:10:350:10:35

steaming ahead it is the Internet economy, forecast to grow at an

0:10:350:10:36

economy, forecast to grow at an annual

0:10:360:10:36

economy, forecast to grow at an annual rate

0:10:360:10:37

economy, forecast to grow at an annual rate of

0:10:370:10:37

economy, forecast to grow at an annual rate of 8%.

0:10:370:10:38

economy, forecast to grow at an annual rate of 8%. Joanna

0:10:380:10:38

economy, forecast to grow at an annual rate of 8%. Joanna Shields

0:10:380:10:39

annual rate of 8%. Joanna Shields heads

0:10:390:10:39

annual rate of 8%. Joanna Shields heads up

0:10:390:10:39

annual rate of 8%. Joanna Shields heads up Tech

0:10:390:10:39

annual rate of 8%. Joanna Shields heads up Tech City,

0:10:390:10:40

annual rate of 8%. Joanna Shields heads up Tech City, why

0:10:400:10:40

annual rate of 8%. Joanna Shields heads up Tech City, why is

0:10:400:10:40

annual rate of 8%. Joanna Shields heads up Tech City, why is the

0:10:400:10:41

heads up Tech City, why is the sector

0:10:410:10:41

heads up Tech City, why is the sector so

0:10:410:10:42

heads up Tech City, why is the sector so buoyant?

0:10:420:10:42

heads up Tech City, why is the sector so buoyant? The

0:10:420:10:42

sector so buoyant? The Internet economy,

0:10:420:10:43

sector so buoyant? The Internet economy, as

0:10:430:10:43

sector so buoyant? The Internet economy, as you

0:10:430:10:43

sector so buoyant? The Internet economy, as you said,

0:10:430:10:44

sector so buoyant? The Internet economy, as you said, is

0:10:440:10:44

sector so buoyant? The Internet economy, as you said, is the

0:10:440:10:45

sector so buoyant? The Internet economy, as you said, is the bright

0:10:450:10:45

economy, as you said, is the bright spot

0:10:450:10:45

economy, as you said, is the bright spot in

0:10:450:10:45

economy, as you said, is the bright spot in the

0:10:450:10:46

economy, as you said, is the bright spot in the UK

0:10:460:10:46

economy, as you said, is the bright spot in the UK economy,

0:10:460:10:47

economy, as you said, is the bright spot in the UK economy, it

0:10:470:10:47

economy, as you said, is the bright spot in the UK economy, it is

0:10:470:10:47

spot in the UK economy, it is growing

0:10:470:10:48

spot in the UK economy, it is growing at

0:10:480:10:49

spot in the UK economy, it is growing at 8.3%

0:10:490:10:50

spot in the UK economy, it is growing at 8.3% per

0:10:500:10:50

spot in the UK economy, it is growing at 8.3% per an

0:10:500:10:50

spot in the UK economy, it is growing at 8.3% per an number.

0:10:500:10:51

spot in the UK economy, it is growing at 8.3% per an number. What

0:10:510:10:51

growing at 8.3% per an number. What is

0:10:510:10:52

growing at 8.3% per an number. What is exciting

0:10:520:10:52

growing at 8.3% per an number. What is exciting about

0:10:520:10:53

growing at 8.3% per an number. What is exciting about that

0:10:530:10:54

growing at 8.3% per an number. What is exciting about that there

0:10:540:10:54

growing at 8.3% per an number. What is exciting about that there is

0:10:540:10:55

is exciting about that there is clusters

0:10:550:10:55

is exciting about that there is clusters growing

0:10:550:10:56

is exciting about that there is clusters growing up

0:10:560:10:56

is exciting about that there is clusters growing up all

0:10:560:10:56

is exciting about that there is clusters growing up all across

0:10:560:10:57

is exciting about that there is clusters growing up all across the

0:10:570:10:57

clusters growing up all across the country.

0:10:570:11:02

clusters growing up all across the country. Starting

0:11:020:11:02

clusters growing up all across the country. Starting in

0:11:020:11:03

clusters growing up all across the country. Starting in Tech

0:11:030:11:03

clusters growing up all across the country. Starting in Tech City

0:11:030:11:03

country. Starting in Tech City which

0:11:030:11:03

country. Starting in Tech City which I

0:11:030:11:04

country. Starting in Tech City which I work

0:11:040:11:04

country. Starting in Tech City which I work with.

0:11:040:11:05

country. Starting in Tech City which I work with. You

0:11:050:11:05

country. Starting in Tech City which I work with. You are

0:11:050:11:05

country. Starting in Tech City which I work with. You are starting

0:11:050:11:06

which I work with. You are starting to

0:11:060:11:06

which I work with. You are starting to see

0:11:060:11:06

which I work with. You are starting to see regeneration

0:11:060:11:09

which I work with. You are starting to see regeneration of

0:11:090:11:09

which I work with. You are starting to see regeneration of areas

0:11:090:11:10

which I work with. You are starting to see regeneration of areas around

0:11:100:11:10

to see regeneration of areas around that.

0:11:100:11:10

to see regeneration of areas around that. Tech

0:11:100:11:11

to see regeneration of areas around that. Tech is

0:11:110:11:11

to see regeneration of areas around that. Tech is becoming

0:11:110:11:12

to see regeneration of areas around that. Tech is becoming a

0:11:120:11:12

to see regeneration of areas around that. Tech is becoming a credible

0:11:120:11:12

that. Tech is becoming a credible career

0:11:120:11:12

that. Tech is becoming a credible career path

0:11:120:11:12

that. Tech is becoming a credible career path for

0:11:120:11:13

that. Tech is becoming a credible career path for young

0:11:130:11:13

that. Tech is becoming a credible career path for young people.

0:11:130:11:13

that. Tech is becoming a credible career path for young people. They

0:11:130:11:14

career path for young people. They are

0:11:140:11:14

career path for young people. They are gathering

0:11:140:11:14

career path for young people. They are gathering together.

0:11:140:11:15

career path for young people. They are gathering together. The

0:11:150:11:15

career path for young people. They are gathering together. The good

0:11:150:11:15

are gathering together. The good news

0:11:150:11:15

are gathering together. The good news is

0:11:150:11:16

are gathering together. The good news is it

0:11:160:11:17

are gathering together. The good news is it is

0:11:170:11:17

are gathering together. The good news is it is projected

0:11:170:11:17

are gathering together. The good news is it is projected to

0:11:170:11:18

are gathering together. The good news is it is projected to grow

0:11:180:11:19

are gathering together. The good news is it is projected to grow 11%

0:11:190:11:19

news is it is projected to grow 11% peran

0:11:190:11:19

news is it is projected to grow 11% peran number

0:11:190:11:20

news is it is projected to grow 11% peran number over

0:11:200:11:20

news is it is projected to grow 11% peran number over the

0:11:200:11:21

news is it is projected to grow 11% peran number over the next

0:11:210:11:23

news is it is projected to grow 11% peran number over the next five

0:11:230:11:23

peran number over the next five years.

0:11:230:11:23

peran number over the next five years. It

0:11:230:11:23

peran number over the next five years. It is

0:11:230:11:24

peran number over the next five years. It is --

0:11:240:11:24

peran number over the next five years. It is -- per

0:11:240:11:25

peran number over the next five years. It is -- per an

0:11:250:11:25

peran number over the next five years. It is -- per an number

0:11:250:11:25

peran number over the next five years. It is -- per an number over

0:11:250:11:28

years. It is -- per an number over the

0:11:280:11:28

years. It is -- per an number over the -- per

0:11:280:11:28

years. It is -- per an number over the -- per annum

0:11:280:11:29

years. It is -- per an number over the -- per annum over

0:11:290:11:29

years. It is -- per an number over the -- per annum over the

0:11:290:11:29

years. It is -- per an number over the -- per annum over the next

0:11:290:11:30

years. It is -- per an number over the -- per annum over the next five

0:11:300:11:30

the -- per annum over the next five years.

0:11:300:11:31

the -- per annum over the next five years. You

0:11:310:11:31

the -- per annum over the next five years. You compared

0:11:310:11:32

the -- per annum over the next five years. You compared the

0:11:320:11:33

the -- per annum over the next five years. You compared the fates

0:11:330:11:33

the -- per annum over the next five years. You compared the fates of

0:11:330:11:34

years. You compared the fates of Kodak

0:11:340:11:34

years. You compared the fates of Kodak which

0:11:340:11:34

years. You compared the fates of Kodak which went

0:11:340:11:34

years. You compared the fates of Kodak which went boost

0:11:340:11:38

years. You compared the fates of Kodak which went boost to

0:11:380:11:39

Kodak which went boost to Instagrammaking

0:11:390:11:39

Kodak which went boost to Instagrammaking billions

0:11:390:11:39

Kodak which went boost to Instagrammaking billions and

0:11:390:11:39

Instagrammaking billions and employs

0:11:390:11:40

Instagrammaking billions and employs 13.

0:11:400:11:40

Instagrammaking billions and employs 13. Which

0:11:400:11:41

Instagrammaking billions and employs 13. Which one would

0:11:410:11:41

Instagrammaking billions and employs 13. Which one would you

0:11:410:11:41

employs 13. Which one would you want

0:11:410:11:42

employs 13. Which one would you want to

0:11:420:11:42

employs 13. Which one would you want to prosper

0:11:420:11:42

employs 13. Which one would you want to prosper in

0:11:420:11:43

employs 13. Which one would you want to prosper in the

0:11:430:11:43

employs 13. Which one would you want to prosper in the cecome?

0:11:430:11:43

employs 13. Which one would you want to prosper in the cecome? The

0:11:430:11:44

want to prosper in the cecome? The title

0:11:440:11:44

want to prosper in the cecome? The title of

0:11:440:11:44

want to prosper in the cecome? The title of my

0:11:440:11:45

want to prosper in the cecome? The title of my speech

0:11:450:11:45

want to prosper in the cecome? The title of my speech today

0:11:450:11:47

want to prosper in the cecome? The title of my speech today is

0:11:470:11:47

title of my speech today is transformation

0:11:470:11:47

title of my speech today is transformation innovation

0:11:470:11:48

title of my speech today is transformation innovation and

0:11:480:11:48

transformation innovation and creative

0:11:480:11:48

transformation innovation and creative disruption

0:11:480:11:49

transformation innovation and creative disruption against

0:11:490:11:49

transformation innovation and creative disruption against other

0:11:490:11:49

creative disruption against other things.

0:11:490:11:50

creative disruption against other things. There

0:11:500:11:50

creative disruption against other things. There is

0:11:500:11:50

creative disruption against other things. There is no

0:11:500:11:51

creative disruption against other things. There is no way

0:11:510:11:51

creative disruption against other things. There is no way to

0:11:510:11:51

creative disruption against other things. There is no way to stop

0:11:510:11:52

things. There is no way to stop that

0:11:520:11:52

things. There is no way to stop that type

0:11:520:11:53

things. There is no way to stop that type of

0:11:530:11:54

things. There is no way to stop that type of trend

0:11:540:11:54

things. There is no way to stop that type of trend happening,

0:11:540:11:54

things. There is no way to stop that type of trend happening, there

0:11:540:11:55

that type of trend happening, there is

0:11:550:11:55

that type of trend happening, there is the

0:11:550:11:55

that type of trend happening, there is the hollow be

0:11:550:11:55

that type of trend happening, there is the hollow be out

0:11:550:11:56

that type of trend happening, there is the hollow be out of

0:11:560:11:56

that type of trend happening, there is the hollow be out of many

0:11:560:11:56

is the hollow be out of many industries.

0:11:560:11:56

is the hollow be out of many industries. We

0:11:560:11:57

is the hollow be out of many industries. We were

0:11:570:11:57

is the hollow be out of many industries. We were talking

0:11:570:11:57

is the hollow be out of many industries. We were talking today

0:11:570:11:58

industries. We were talking today about

0:11:580:11:58

industries. We were talking today about how

0:11:580:11:59

industries. We were talking today about how it

0:11:590:11:59

industries. We were talking today about how it used

0:11:590:11:59

industries. We were talking today about how it used to

0:11:590:11:59

industries. We were talking today about how it used to be

0:11:590:12:00

industries. We were talking today about how it used to be you

0:12:000:12:00

industries. We were talking today about how it used to be you called

0:12:000:12:01

about how it used to be you called computercab

0:12:010:12:06

about how it used to be you called computercab and

0:12:060:12:06

about how it used to be you called computercab and AddisonLee

0:12:060:12:06

about how it used to be you called computercab and AddisonLee and

0:12:060:12:06

about how it used to be you called computercab and AddisonLee and now

0:12:060:12:06

computercab and AddisonLee and now people

0:12:060:12:07

computercab and AddisonLee and now people use

0:12:070:12:07

computercab and AddisonLee and now people use their

0:12:070:12:07

computercab and AddisonLee and now people use their mobile

0:12:070:12:08

computercab and AddisonLee and now people use their mobile phones

0:12:080:12:08

computercab and AddisonLee and now people use their mobile phones and

0:12:080:12:08

people use their mobile phones and you

0:12:080:12:08

people use their mobile phones and you get

0:12:080:12:09

people use their mobile phones and you get a

0:12:090:12:10

people use their mobile phones and you get a taxi

0:12:100:12:10

people use their mobile phones and you get a taxi in

0:12:100:12:10

people use their mobile phones and you get a taxi in London.

0:12:100:12:12

people use their mobile phones and you get a taxi in London. There

0:12:120:12:12

you get a taxi in London. There wasn't

0:12:120:12:13

you get a taxi in London. There wasn't enough

0:12:130:12:13

you get a taxi in London. There wasn't enough low-cost

0:12:130:12:14

you get a taxi in London. There wasn't enough low-cost hotels

0:12:140:12:14

you get a taxi in London. There wasn't enough low-cost hotels and

0:12:140:12:14

wasn't enough low-cost hotels and now

0:12:140:12:15

wasn't enough low-cost hotels and now you

0:12:150:12:15

wasn't enough low-cost hotels and now you have

0:12:150:12:16

wasn't enough low-cost hotels and now you have sites

0:12:160:12:16

wasn't enough low-cost hotels and now you have sites linking

0:12:160:12:16

wasn't enough low-cost hotels and now you have sites linking that

0:12:160:12:16

now you have sites linking that supply

0:12:160:12:17

now you have sites linking that supply with

0:12:170:12:17

now you have sites linking that supply with demand.

0:12:170:12:17

now you have sites linking that supply with demand. This

0:12:170:12:17

now you have sites linking that supply with demand. This is

0:12:170:12:18

now you have sites linking that supply with demand. This is a

0:12:180:12:18

now you have sites linking that natural progression

0:12:180:12:18

now you have sites linking that natural progression of

0:12:180:12:19

now you have sites linking that natural progression of the

0:12:190:12:19

now you have sites linking that natural progression of the economy.

0:12:190:12:19

natural progression of the economy. There

0:12:190:12:19

natural progression of the economy. There is

0:12:190:12:20

natural progression of the economy. There is a

0:12:200:12:20

natural progression of the economy. There is a movement

0:12:200:12:20

natural progression of the economy. There is a movement towards

0:12:200:12:20

natural progression of the economy. There is a movement towards the

0:12:200:12:20

There is a movement towards the sharing

0:12:200:12:21

There is a movement towards the sharing economy

0:12:210:12:21

There is a movement towards the sharing economy and

0:12:210:12:21

There is a movement towards the sharing economy and you

0:12:210:12:21

There is a movement towards the sharing economy and you are

0:12:210:12:22

There is a movement towards the sharing economy and you are going

0:12:220:12:22

sharing economy and you are going to

0:12:220:12:22

sharing economy and you are going to see

0:12:220:12:22

sharing economy and you are going to see more

0:12:220:12:22

sharing economy and you are going to see more and

0:12:220:12:23

sharing economy and you are going to see more and more

0:12:230:12:23

sharing economy and you are going to see more and more of

0:12:230:12:23

sharing economy and you are going to see more and more of that.

0:12:230:12:24

sharing economy and you are going to see more and more of that. My

0:12:240:12:25

to see more and more of that. My message

0:12:250:12:26

to see more and more of that. My message today

0:12:260:12:26

to see more and more of that. My message today to

0:12:260:12:26

to see more and more of that. My message today to British industry

0:12:260:12:27

message today to British industry was

0:12:270:12:27

message today to British industry was through

0:12:270:12:28

message today to British industry was through this

0:12:280:12:28

message today to British industry was through this extended

0:12:280:12:28

message today to British industry was through this extended period

0:12:280:12:29

message today to British industry was through this extended period of

0:12:290:12:29

was through this extended period of austerity

0:12:290:12:29

was through this extended period of austerity we

0:12:290:12:29

was through this extended period of austerity we have

0:12:290:12:31

was through this extended period of austerity we have stopped

0:12:310:12:31

was through this extended period of austerity we have stopped investing,

0:12:310:12:32

austerity we have stopped investing, we

0:12:320:12:32

austerity we have stopped investing, we have

0:12:320:12:33

austerity we have stopped investing, we have stopped

0:12:330:12:33

austerity we have stopped investing, we have stopped being

0:12:330:12:33

austerity we have stopped investing, we have stopped being innovative

0:12:330:12:33

we have stopped being innovative and

0:12:330:12:33

we have stopped being innovative and we

0:12:330:12:34

we have stopped being innovative and we have

0:12:340:12:34

we have stopped being innovative and we have focused

0:12:340:12:35

we have stopped being innovative and we have focused on

0:12:350:12:35

we have stopped being innovative and we have focused on reducing

0:12:350:12:35

and we have focused on reducing costs

0:12:350:12:36

and we have focused on reducing costs and

0:12:360:12:36

and we have focused on reducing costs and increasing

0:12:360:12:37

and we have focused on reducing costs and increasing margins,

0:12:370:12:37

and we have focused on reducing costs and increasing margins, that

0:12:370:12:37

costs and increasing margins, that is

0:12:370:12:37

costs and increasing margins, that is a

0:12:370:12:40

costs and increasing margins, that is a risky

0:12:400:12:40

costs and increasing margins, that is a risky strategy.

0:12:400:12:40

costs and increasing margins, that is a risky strategy. There

0:12:400:12:41

costs and increasing margins, that is a risky strategy. There is

0:12:410:12:41

is a risky strategy. There is incredible

0:12:410:12:41

is a risky strategy. There is incredible movement

0:12:410:12:41

is a risky strategy. There is incredible movement across

0:12:410:12:42

is a risky strategy. There is incredible movement across all

0:12:420:12:43

incredible movement across all sectors,

0:12:430:12:44

incredible movement across all sectors, Urbisy

0:12:440:12:45

incredible movement across all sectors, Urbisy reducing

0:12:450:12:45

incredible movement across all sectors, Urbisy reducing costs

0:12:450:12:46

incredible movement across all sectors, Urbisy reducing costs and

0:12:460:12:46

sectors, Urbisy reducing costs and you

0:12:460:12:46

sectors, Urbisy reducing costs and you might

0:12:460:12:47

sectors, Urbisy reducing costs and you might miss the movement in

0:12:470:12:47

sectors, Urbisy reducing costs and you might miss the movement in your

0:12:470:12:48

you might miss the movement in your sector

0:12:480:12:48

you might miss the movement in your sector by

0:12:480:12:49

you might miss the movement in your sector by a

0:12:490:12:49

you might miss the movement in your sector by a start-up

0:12:490:12:49

you might miss the movement in your sector by a start-up that

0:12:490:12:50

you might miss the movement in your sector by a start-up that could

0:12:500:12:50

sector by a start-up that could change

0:12:500:12:50

sector by a start-up that could change the

0:12:500:12:50

sector by a start-up that could change the landscape

0:12:500:12:50

sector by a start-up that could change the landscape forever.

0:12:500:12:51

sector by a start-up that could change the landscape forever. It

0:12:510:12:51

sector by a start-up that could change the landscape forever. It is

0:12:510:12:51

change the landscape forever. It is a

0:12:510:12:51

change the landscape forever. It is a great

0:12:510:12:51

change the landscape forever. It is a great time

0:12:510:12:52

change the landscape forever. It is a great time to

0:12:520:12:52

change the landscape forever. It is a great time to be

0:12:520:12:53

change the landscape forever. It is a great time to be a

0:12:530:12:53

change the landscape forever. It is a great time to be a consumer.

0:12:530:12:54

change the landscape forever. It is a great time to be a consumer. But

0:12:540:12:55

a great time to be a consumer. But this

0:12:550:12:55

a great time to be a consumer. But this new

0:12:550:12:55

a great time to be a consumer. But this new paradigm

0:12:550:12:55

a great time to be a consumer. But this new paradigm doesn't

0:12:550:12:56

a great time to be a consumer. But this new paradigm doesn't create

0:12:560:12:56

this new paradigm doesn't create jobs?

0:12:560:12:57

this new paradigm doesn't create jobs? Actually

0:12:570:12:58

this new paradigm doesn't create jobs? Actually it

0:12:580:12:58

this new paradigm doesn't create jobs? Actually it does.

0:12:580:12:58

this new paradigm doesn't create jobs? Actually it does. I

0:12:580:12:58

this new paradigm doesn't create jobs? Actually it does. I mean

0:12:580:12:59

jobs? Actually it does. I mean there

0:12:590:12:59

jobs? Actually it does. I mean there is.

0:12:590:12:59

jobs? Actually it does. I mean there is. Not

0:12:590:13:00

jobs? Actually it does. I mean there is. Not on

0:13:000:13:01

jobs? Actually it does. I mean there is. Not on the

0:13:010:13:02

jobs? Actually it does. I mean there is. Not on the kail

0:13:020:13:02

jobs? Actually it does. I mean there is. Not on the kail we

0:13:020:13:02

jobs? Actually it does. I mean there is. Not on the kail we are

0:13:020:13:03

there is. Not on the kail we are talking

0:13:030:13:03

there is. Not on the kail we are talking about?

0:13:030:13:04

there is. Not on the kail we are talking about? It

0:13:040:13:04

there is. Not on the kail we are talking about? It is

0:13:040:13:04

there is. Not on the kail we are talking about? It is different

0:13:040:13:05

there is. Not on the kail we are talking about? It is different --

0:13:050:13:05

talking about? It is different -- On

0:13:050:13:05

talking about? It is different -- On the

0:13:050:13:05

talking about? It is different -- On the scale

0:13:050:13:05

talking about? It is different -- On the scale we

0:13:050:13:06

talking about? It is different -- On the scale we are

0:13:060:13:06

talking about? It is different -- On the scale we are talking

0:13:060:13:06

talking about? It is different -- On the scale we are talking about?

0:13:060:13:07

On the scale we are talking about? There

0:13:070:13:07

On the scale we are talking about? There are

0:13:070:13:08

On the scale we are talking about? There are different

0:13:080:13:08

On the scale we are talking about? There are different scales,

0:13:080:13:08

On the scale we are talking about? There are different scales, it

0:13:080:13:09

On the scale we are talking about? There are different scales, it will

0:13:090:13:09

There are different scales, it will create

0:13:090:13:09

There are different scales, it will create jobs that

0:13:090:13:09

There are different scales, it will create jobs that will

0:13:090:13:10

There are different scales, it will create jobs that will level

0:13:100:13:10

There are different scales, it will create jobs that will level out

0:13:100:13:11

create jobs that will level out over

0:13:110:13:11

create jobs that will level out over time.

0:13:110:13:11

create jobs that will level out over time. There

0:13:110:13:11

create jobs that will level out over time. There is

0:13:110:13:11

create jobs that will level out over time. There is so

0:13:110:13:12

create jobs that will level out over time. There is so much

0:13:120:13:12

over time. There is so much leverage

0:13:120:13:12

over time. There is so much leverage in

0:13:120:13:12

over time. There is so much leverage in the

0:13:120:13:13

over time. There is so much leverage in the system

0:13:130:13:13

over time. There is so much leverage in the system now.

0:13:130:13:13

over time. There is so much leverage in the system now. We

0:13:130:13:13

over time. There is so much leverage in the system now. We have

0:13:130:13:14

leverage in the system now. We have open

0:13:140:13:14

leverage in the system now. We have open system,

0:13:140:13:14

leverage in the system now. We have open system, we have

0:13:140:13:15

leverage in the system now. We have open system, we have cloud

0:13:150:13:15

open system, we have cloud computing,

0:13:150:13:16

open system, we have cloud computing, things

0:13:160:13:16

open system, we have cloud computing, things that

0:13:160:13:17

open system, we have cloud computing, things that used

0:13:170:13:17

open system, we have cloud computing, things that used to

0:13:170:13:17

computing, things that used to require

0:13:170:13:17

computing, things that used to require millions

0:13:170:13:18

computing, things that used to require millions of

0:13:180:13:18

computing, things that used to require millions of people

0:13:180:13:18

computing, things that used to require millions of people to

0:13:180:13:19

require millions of people to manage

0:13:190:13:19

require millions of people to manage and

0:13:190:13:19

require millions of people to manage and operate

0:13:190:13:19

require millions of people to manage and operate are

0:13:190:13:19

require millions of people to manage and operate are now

0:13:190:13:20

require millions of people to manage and operate are now being

0:13:200:13:20

manage and operate are now being done

0:13:200:13:20

manage and operate are now being done in

0:13:200:13:21

manage and operate are now being done in the

0:13:210:13:21

manage and operate are now being done in the cloud,

0:13:210:13:21

manage and operate are now being done in the cloud, for

0:13:210:13:22

manage and operate are now being done in the cloud, for instance.

0:13:220:13:22

manage and operate are now being done in the cloud, for instance. It

0:13:220:13:23

done in the cloud, for instance. It is

0:13:230:13:23

done in the cloud, for instance. It is a

0:13:230:13:23

done in the cloud, for instance. It is a natural

0:13:230:13:24

done in the cloud, for instance. It is a natural prosession

0:13:240:13:24

done in the cloud, for instance. It is a natural prosession of

0:13:240:13:24

is a natural prosession of technology

0:13:240:13:25

is a natural prosession of technology and

0:13:250:13:27

is a natural prosession of technology and it

0:13:270:13:27

is a natural prosession of technology and it is

0:13:270:13:27

is a natural prosession of technology and it is historical,

0:13:270:13:27

is a natural prosession of technology and it is historical, it

0:13:270:13:27

technology and it is historical, it has

0:13:270:13:28

technology and it is historical, it has happened

0:13:280:13:28

technology and it is historical, it has happened over

0:13:280:13:28

technology and it is historical, it has happened over the

0:13:280:13:29

technology and it is historical, it has happened over the course

0:13:290:13:29

technology and it is historical, it has happened over the course of

0:13:290:13:30

has happened over the course of generations.

0:13:300:13:30

has happened over the course of generations. We

0:13:300:13:31

has happened over the course of generations. We have

0:13:310:13:31

has happened over the course of generations. We have just

0:13:310:13:31

has happened over the course of generations. We have just to

0:13:310:13:32

has happened over the course of generations. We have just to adapt

0:13:320:13:32

generations. We have just to adapt as

0:13:320:13:33

generations. We have just to adapt as businesses

0:13:330:13:33

generations. We have just to adapt as businesses and

0:13:330:13:33

generations. We have just to adapt as businesses and industry

0:13:330:13:33

generations. We have just to adapt as businesses and industry to

0:13:330:13:33

generations. We have just to adapt as businesses and industry to what

0:13:330:13:34

as businesses and industry to what is

0:13:340:13:34

as businesses and industry to what is happening

0:13:340:13:34

as businesses and industry to what is happening at

0:13:340:13:34

as businesses and industry to what is happening at the

0:13:340:13:34

as businesses and industry to what is happening at the moment.

0:13:340:13:35

as businesses and industry to what is happening at the moment. And

0:13:350:13:35

is happening at the moment. And does

0:13:350:13:35

is happening at the moment. And does it

0:13:350:13:36

is happening at the moment. And does it matter

0:13:360:13:36

is happening at the moment. And does it matter if

0:13:360:13:37

is happening at the moment. And does it matter if from

0:13:370:13:37

is happening at the moment. And does it matter if from Tech

0:13:370:13:37

is happening at the moment. And does it matter if from Tech City

0:13:370:13:39

does it matter if from Tech City the

0:13:390:13:39

does it matter if from Tech City the start-ups

0:13:390:13:40

does it matter if from Tech City the start-ups are

0:13:400:13:40

does it matter if from Tech City the start-ups are domiciled

0:13:400:13:40

does it matter if from Tech City the start-ups are domiciled outside

0:13:400:13:41

the start-ups are domiciled outside the

0:13:410:13:41

the start-ups are domiciled outside the UK

0:13:410:13:41

the start-ups are domiciled outside the UK and

0:13:410:13:42

the start-ups are domiciled outside the UK and don't

0:13:420:13:42

the start-ups are domiciled outside the UK and don't pay

0:13:420:13:43

the start-ups are domiciled outside the UK and don't pay UK

0:13:430:13:43

the start-ups are domiciled outside the UK and don't pay UK tax?

0:13:430:13:43

the start-ups are domiciled outside the UK and don't pay UK tax? Well,

0:13:430:13:44

the UK and don't pay UK tax? Well, we're

0:13:440:13:44

the UK and don't pay UK tax? Well, we're trying

0:13:440:13:45

the UK and don't pay UK tax? Well, we're trying to

0:13:450:13:45

the UK and don't pay UK tax? Well, we're trying to grow

0:13:450:13:46

the UK and don't pay UK tax? Well, we're trying to grow a

0:13:460:13:46

the UK and don't pay UK tax? Well, we're trying to grow a healthy

0:13:460:13:46

we're trying to grow a healthy ecosystem

0:13:460:13:47

we're trying to grow a healthy ecosystem of

0:13:470:13:48

we're trying to grow a healthy ecosystem of start-ups

0:13:480:13:48

we're trying to grow a healthy ecosystem of start-ups in

0:13:480:13:48

we're trying to grow a healthy ecosystem of start-ups in the

0:13:480:13:49

we're trying to grow a healthy ecosystem of start-ups in the UK,

0:13:490:13:49

ecosystem of start-ups in the UK, so

0:13:490:13:49

ecosystem of start-ups in the UK, so they

0:13:490:13:50

ecosystem of start-ups in the UK, so they are

0:13:500:13:50

ecosystem of start-ups in the UK, so they are the

0:13:500:13:50

ecosystem of start-ups in the UK, so they are the companies

0:13:500:13:50

ecosystem of start-ups in the UK, so they are the companies that

0:13:500:13:50

ecosystem of start-ups in the UK, so they are the companies that form

0:13:500:13:52

ecosystem of start-ups in the UK, their businesses

0:13:520:13:52

ecosystem of start-ups in the UK, their businesses here,

0:13:520:13:52

ecosystem of start-ups in the UK, their businesses here, make

0:13:520:13:55

ecosystem of start-ups in the UK, their businesses here, make their

0:13:550:13:55

their businesses here, make their roots

0:13:550:13:56

their businesses here, make their roots go

0:13:560:13:56

their businesses here, make their roots go down

0:13:560:13:56

their businesses here, make their roots go down here

0:13:560:13:56

their businesses here, make their roots go down here and

0:13:560:13:56

their businesses here, make their roots go down here and continue

0:13:560:13:57

their businesses here, make their roots go down here and continue to

0:13:570:13:57

roots go down here and continue to grow

0:13:570:13:57

roots go down here and continue to grow in

0:13:570:13:58

roots go down here and continue to grow in the

0:13:580:13:58

roots go down here and continue to grow in the economy.

0:13:580:13:58

roots go down here and continue to grow in the economy. We

0:13:580:13:59

roots go down here and continue to grow in the economy. We are

0:13:590:13:59

roots go down here and continue to grow in the economy. We are looking

0:13:590:14:00

grow in the economy. We are looking at

0:14:000:14:01

grow in the economy. We are looking at the

0:14:010:14:01

grow in the economy. We are looking at the high-growth

0:14:010:14:01

grow in the economy. We are looking at the high-growth segment.

0:14:010:14:02

grow in the economy. We are looking at the high-growth segment. 6%

0:14:020:14:02

grow in the economy. We are looking at the high-growth segment. 6% of

0:14:020:14:03

at the high-growth segment. 6% of our

0:14:030:14:03

at the high-growth segment. 6% of our companies

0:14:030:14:03

at the high-growth segment. 6% of our companies generate

0:14:030:14:03

at the high-growth segment. 6% of our companies generate 54%

0:14:030:14:04

at the high-growth segment. 6% of our companies generate 54% of

0:14:040:14:04

at the high-growth segment. 6% of our companies generate 54% of the

0:14:040:14:04

our companies generate 54% of the jobs.

0:14:040:14:05

our companies generate 54% of the jobs. We

0:14:050:14:05

our companies generate 54% of the jobs. We need

0:14:050:14:05

our companies generate 54% of the jobs. We need to

0:14:050:14:05

our companies generate 54% of the jobs. We need to foster

0:14:050:14:06

our companies generate 54% of the jobs. We need to foster growth

0:14:060:14:06

our companies generate 54% of the jobs. We need to foster growth in

0:14:060:14:07

jobs. We need to foster growth in the

0:14:070:14:07

jobs. We need to foster growth in the high

0:14:070:14:07

jobs. We need to foster growth in the high growth.

0:14:070:14:08

jobs. We need to foster growth in the high growth. With

0:14:080:14:08

jobs. We need to foster growth in the high growth. With the

0:14:080:14:08

jobs. We need to foster growth in the high growth. With the London

0:14:080:14:09

the high growth. With the London Stock

0:14:090:14:09

the high growth. With the London Stock Exchange

0:14:090:14:09

the high growth. With the London Stock Exchange we

0:14:090:14:09

the high growth. With the London Stock Exchange we have

0:14:090:14:10

the high growth. With the London Stock Exchange we have launched

0:14:100:14:10

the high growth. With the London Stock Exchange we have launched the

0:14:100:14:11

Stock Exchange we have launched the new

0:14:110:14:12

Stock Exchange we have launched the new high-growth

0:14:120:14:12

Stock Exchange we have launched the new high-growth segment.

0:14:120:14:13

Stock Exchange we have launched the new high-growth segment. A

0:14:130:14:14

new high-growth segment. A programme

0:14:140:14:14

new high-growth segment. A programme to

0:14:140:14:14

new high-growth segment. A programme to cultivate

0:14:140:14:14

new high-growth segment. A programme to cultivate great

0:14:140:14:15

new high-growth segment. A programme to cultivate great growth

0:14:150:14:15

programme to cultivate great growth companies

0:14:150:14:15

programme to cultivate great growth companies and

0:14:150:14:15

programme to cultivate great growth companies and move

0:14:150:14:15

programme to cultivate great growth companies and move them

0:14:150:14:16

programme to cultivate great growth companies and move them across

0:14:160:14:16

programme to cultivate great growth companies and move them across the

0:14:160:14:16

companies and move them across the line

0:14:160:14:16

companies and move them across the line to

0:14:160:14:17

companies and move them across the line to a

0:14:170:14:18

companies and move them across the line to a public

0:14:180:14:18

companies and move them across the line to a public listing

0:14:180:14:19

companies and move them across the line to a public listing or

0:14:190:14:21

line to a public listing or successful

0:14:210:14:21

line to a public listing or successful MNA.

0:14:210:14:21

line to a public listing or successful MNA. That

0:14:210:14:21

line to a public listing or successful MNA. That is

0:14:210:14:22

line to a public listing or successful MNA. That is a

0:14:220:14:22

line to a public listing or successful MNA. That is a very

0:14:220:14:23

line to a public listing or convincing picture

0:14:230:14:23

line to a public listing or convincing picture of

0:14:230:14:23

line to a public listing or convincing picture of the

0:14:230:14:23

line to a public listing or convincing picture of the potential

0:14:230:14:24

convincing picture of the potential of

0:14:240:14:24

convincing picture of the potential of the

0:14:240:14:24

convincing picture of the potential of the internet

0:14:240:14:24

convincing picture of the potential of the internet companies

0:14:240:14:25

convincing picture of the potential of the internet companies and

0:14:250:14:25

convincing picture of the potential of the internet companies and the

0:14:250:14:26

of the internet companies and the start-ups

0:14:260:14:28

of the internet companies and the start-ups and

0:14:280:14:28

of the internet companies and the start-ups and Tech

0:14:280:14:29

of the internet companies and the start-ups and Tech City,

0:14:290:14:29

of the internet companies and the start-ups and Tech City, can

0:14:290:14:29

of the internet companies and the start-ups and Tech City, can you

0:14:290:14:30

start-ups and Tech City, can you see

0:14:300:14:30

start-ups and Tech City, can you see traditional

0:14:300:14:31

start-ups and Tech City, can you see traditional manufacturing,

0:14:310:14:31

start-ups and Tech City, can you see traditional manufacturing, or

0:14:310:14:31

see traditional manufacturing, or the

0:14:310:14:32

see traditional manufacturing, or the bulk

0:14:320:14:32

see traditional manufacturing, or the bulk of

0:14:320:14:32

see traditional manufacturing, or the bulk of the

0:14:320:14:32

see traditional manufacturing, or the bulk of the jobs

0:14:320:14:32

see traditional manufacturing, or the bulk of the jobs being

0:14:320:14:33

see traditional manufacturing, or the bulk of the jobs being replaced

0:14:330:14:33

the bulk of the jobs being replaced in

0:14:330:14:34

the bulk of the jobs being replaced in this

0:14:340:14:34

the bulk of the jobs being replaced in this way,

0:14:340:14:34

the bulk of the jobs being replaced in this way, can

0:14:340:14:34

the bulk of the jobs being replaced in this way, can that

0:14:340:14:34

the bulk of the jobs being replaced in this way, can that happen?

0:14:340:14:35

the bulk of the jobs being replaced in this way, can that happen? I

0:14:350:14:35

in this way, can that happen? I think

0:14:350:14:35

in this way, can that happen? I think it is

0:14:350:14:36

in this way, can that happen? I think it is very

0:14:360:14:36

in this way, can that happen? I think it is very important

0:14:360:14:36

in this way, can that happen? I think it is very important that

0:14:360:14:37

in this way, can that happen? I think it is very important that we

0:14:370:14:37

think it is very important that we develop

0:14:370:14:38

think it is very important that we develop a

0:14:380:14:39

think it is very important that we develop a vibrant

0:14:390:14:39

think it is very important that we develop a vibrant information

0:14:390:14:39

develop a vibrant information technology

0:14:390:14:40

develop a vibrant information technology internet

0:14:400:14:40

develop a vibrant information technology internet sector.

0:14:400:14:40

develop a vibrant information technology internet sector. I

0:14:400:14:40

develop a vibrant information technology internet sector. I do

0:14:400:14:41

technology internet sector. I do think

0:14:410:14:41

technology internet sector. I do think it

0:14:410:14:41

technology internet sector. I do think it is

0:14:410:14:41

technology internet sector. I do think it is the case

0:14:410:14:42

technology internet sector. I do think it is the case that

0:14:420:14:42

technology internet sector. I do think it is the case that there

0:14:420:14:42

technology internet sector. I do think it is the case that there is

0:14:420:14:42

think it is the case that there is something

0:14:420:14:43

think it is the case that there is something about

0:14:430:14:43

think it is the case that there is something about this

0:14:430:14:43

think it is the case that there is something about this technology.

0:14:430:14:44

think it is the case that there is something about this technology. It

0:14:440:14:44

something about this technology. It is

0:14:440:14:44

something about this technology. It is such

0:14:440:14:45

something about this technology. It is such a

0:14:450:14:45

something about this technology. It is such a powerful

0:14:450:14:45

something about this technology. It is such a powerful technology

0:14:450:14:46

something about this technology. It is such a powerful technology and

0:14:460:14:46

is such a powerful technology and it

0:14:460:14:46

is such a powerful technology and it can

0:14:460:14:47

is such a powerful technology and it can automatic

0:14:470:14:48

is such a powerful technology and it can automatic things to

0:14:480:14:48

is such a powerful technology and it can automatic things to such

0:14:480:14:49

is such a powerful technology and it can automatic things to such an

0:14:490:14:49

it can automatic things to such an extraordinary

0:14:490:14:50

it can automatic things to such an extraordinary extent

0:14:500:14:50

it can automatic things to such an extraordinary extent that

0:14:500:14:51

it can automatic things to such an extraordinary extent that the

0:14:510:14:51

it can automatic things to such an extraordinary extent that the --

0:14:510:14:51

extraordinary extent that the -- automate

0:14:510:14:51

extraordinary extent that the -- automate things

0:14:510:14:52

extraordinary extent that the -- automate things to

0:14:520:14:52

extraordinary extent that the -- automate things to such

0:14:520:14:53

extraordinary extent that the -- automate things to such an

0:14:530:14:53

extraordinary extent that the -- automate things to such an extent,

0:14:530:14:53

automate things to such an extent, the

0:14:530:14:54

automate things to such an extent, the IT

0:14:540:14:54

automate things to such an extent, the IT industry

0:14:540:14:54

automate things to such an extent, the IT industry is

0:14:540:14:54

automate things to such an extent, the IT industry is not

0:14:540:14:54

automate things to such an extent, the IT industry is not a

0:14:540:14:55

automate things to such an extent, the IT industry is not a creator

0:14:550:14:56

automate things to such an extent, the IT industry is not a creator of

0:14:560:14:56

automate things to such an extent, jobs, if

0:14:560:14:56

automate things to such an extent, jobs, if you

0:14:560:14:56

automate things to such an extent, jobs, if you look

0:14:560:14:57

automate things to such an extent, jobs, if you look at

0:14:570:14:57

automate things to such an extent, jobs, if you look at the

0:14:570:14:57

automate things to such an extent, jobs, if you look at the total

0:14:570:14:57

automate things to such an extent, jobs, if you look at the total A

0:14:570:14:58

jobs, if you look at the total A jobs

0:14:580:14:58

jobs, if you look at the total A jobs in

0:14:580:14:58

jobs, if you look at the total A jobs in Amazon,

0:14:580:14:58

jobs, if you look at the total A jobs in Amazon, Google

0:14:580:14:59

jobs, if you look at the total A jobs in Amazon, Google or

0:14:590:15:00

jobs, if you look at the total A jobs in Amazon, Google or Facebook,

0:15:000:15:00

jobs in Amazon, Google or Facebook, these

0:15:000:15:01

jobs in Amazon, Google or Facebook, these are

0:15:010:15:01

jobs in Amazon, Google or Facebook, these are very

0:15:010:15:01

jobs in Amazon, Google or Facebook, these are very small

0:15:010:15:01

jobs in Amazon, Google or Facebook, these are very small compared

0:15:010:15:02

jobs in Amazon, Google or Facebook, these are very small compared with

0:15:020:15:03

these are very small compared with the

0:15:030:15:03

these are very small compared with the amount

0:15:030:15:04

these are very small compared with the amount of

0:15:040:15:04

these are very small compared with the amount of jobs

0:15:040:15:04

these are very small compared with the amount of jobs being

0:15:040:15:04

these are very small compared with the amount of jobs being created

0:15:040:15:05

the amount of jobs being created for

0:15:050:15:05

the amount of jobs being created for instance

0:15:050:15:05

the amount of jobs being created for instance in

0:15:050:15:05

the amount of jobs being created for instance in healthcare,

0:15:050:15:06

the amount of jobs being created for instance in healthcare, or

0:15:060:15:06

for instance in healthcare, or retailing

0:15:060:15:07

for instance in healthcare, or retailing et

0:15:070:15:07

for instance in healthcare, or retailing et cetera.

0:15:070:15:08

for instance in healthcare, or retailing et cetera. I

0:15:080:15:08

for instance in healthcare, or retailing et cetera. I think,

0:15:080:15:08

retailing et cetera. I think, therefore,

0:15:080:15:08

retailing et cetera. I think, therefore, we

0:15:080:15:09

retailing et cetera. I think, therefore, we do

0:15:090:15:09

retailing et cetera. I think, therefore, we do have

0:15:090:15:09

retailing et cetera. I think, therefore, we do have to

0:15:090:15:10

retailing et cetera. I think, therefore, we do have to think

0:15:100:15:10

therefore, we do have to think about,

0:15:100:15:11

therefore, we do have to think about, I

0:15:110:15:11

therefore, we do have to think about, I think

0:15:110:15:11

therefore, we do have to think about, I think there

0:15:110:15:11

therefore, we do have to think about, I think there is

0:15:110:15:11

therefore, we do have to think about, I think there is a

0:15:110:15:12

therefore, we do have to think about, I think there is a major

0:15:120:15:12

about, I think there is a major issue

0:15:120:15:12

about, I think there is a major issue for

0:15:120:15:12

about, I think there is a major issue for the

0:15:120:15:12

about, I think there is a major issue for the world,

0:15:120:15:13

about, I think there is a major issue for the world, not

0:15:130:15:13

about, I think there is a major issue for the world, not about

0:15:130:15:13

issue for the world, not about where

0:15:130:15:13

issue for the world, not about where jobs

0:15:130:15:14

issue for the world, not about where jobs come

0:15:140:15:14

issue for the world, not about where jobs come from,

0:15:140:15:14

issue for the world, not about where jobs come from, but

0:15:140:15:15

issue for the world, not about where jobs come from, but where

0:15:150:15:15

where jobs come from, but where enough

0:15:150:15:15

where jobs come from, but where enough jobs

0:15:150:15:15

where jobs come from, but where enough jobs come

0:15:150:15:16

where jobs come from, but where enough jobs come from

0:15:160:15:16

where jobs come from, but where enough jobs come from at

0:15:160:15:16

where jobs come from, but where enough jobs come from at good

0:15:160:15:18

where jobs come from, but where enough jobs come from at good wage

0:15:180:15:18

enough jobs come from at good wage rates.

0:15:180:15:18

enough jobs come from at good wage rates. This

0:15:180:15:18

enough jobs come from at good wage rates. This is

0:15:180:15:18

enough jobs come from at good wage rates. This is a

0:15:180:15:19

enough jobs come from at good wage rates. This is a very

0:15:190:15:19

enough jobs come from at good wage rates. This is a very powerful

0:15:190:15:19

rates. This is a very powerful technology.

0:15:190:15:20

rates. This is a very powerful technology. It

0:15:200:15:20

rates. This is a very powerful technology. It is

0:15:200:15:20

rates. This is a very powerful technology. It is a

0:15:200:15:21

rates. This is a very powerful technology. It is a very

0:15:210:15:21

rates. This is a very powerful technology. It is a very important

0:15:210:15:21

technology. It is a very important technology,

0:15:210:15:22

technology. It is a very important technology, but

0:15:220:15:22

technology. It is a very important technology, but I

0:15:220:15:22

technology. It is a very important technology, but I don't

0:15:220:15:22

technology. It is a very important technology, but I don't think

0:15:220:15:22

technology. It is a very important technology, but I don't think it

0:15:220:15:23

technology. It is a very important technology, but I don't think it is

0:15:230:15:23

technology, but I don't think it is necessarily

0:15:230:15:23

technology, but I don't think it is necessarily going

0:15:230:15:23

technology, but I don't think it is necessarily going to

0:15:230:15:24

technology, but I don't think it is necessarily going to give

0:15:240:15:24

technology, but I don't think it is necessarily going to give us

0:15:240:15:24

technology, but I don't think it is necessarily going to give us all

0:15:240:15:24

necessarily going to give us all the

0:15:240:15:24

necessarily going to give us all the jobs we

0:15:240:15:25

necessarily going to give us all the jobs we need.

0:15:250:15:25

the jobs we need. Thank

0:15:250:15:25

the jobs we need. Thank you

0:15:250:15:25

the jobs we need. Thank you very

0:15:250:15:26

the jobs we need. Thank you very much

0:15:260:15:26

the jobs we need. Thank you very much for

0:15:260:15:26

the jobs we need. Thank you very much for coming

0:15:260:15:26

the jobs we need. Thank you very much for coming in.

0:15:260:15:27

Thank you very much for coming in. It

0:15:270:15:27

Thank you very much for coming in. It is

0:15:270:15:28

Thank you very much for coming in. It is not

0:15:280:15:28

Thank you very much for coming in. It is not called

0:15:280:15:28

Thank you very much for coming in. It is not called the

0:15:280:15:28

Thank you very much for coming in. It is not called the bedroom

0:15:280:15:29

Thank you very much for coming in. It is not called the bedroom tax

0:15:290:15:29

Thank you very much for coming in. It is not called the bedroom tax by

0:15:290:15:30

It is not called the bedroom tax by anyone

0:15:300:15:30

It is not called the bedroom tax by anyone who

0:15:300:15:30

It is not called the bedroom tax by anyone who is

0:15:300:15:30

It is not called the bedroom tax by anyone who is trying

0:15:300:15:30

It is not called the bedroom tax by anyone who is trying to

0:15:300:15:31

It is not called the bedroom tax by anyone who is trying to implement

0:15:310:15:31

anyone who is trying to implement it,

0:15:310:15:31

anyone who is trying to implement it, but

0:15:310:15:31

anyone who is trying to implement it, but it

0:15:310:15:31

anyone who is trying to implement it, but it is

0:15:310:15:32

anyone who is trying to implement it, but it is not

0:15:320:15:32

anyone who is trying to implement it, but it is not the

0:15:320:15:32

anyone who is trying to implement it, but it is not the same

0:15:320:15:32

anyone who is trying to implement it, but it is not the same that

0:15:320:15:33

it, but it is not the same that matters

0:15:330:15:33

it, but it is not the same that matters for

0:15:330:15:33

it, but it is not the same that matters for those

0:15:330:15:33

it, but it is not the same that matters for those who

0:15:330:15:34

it, but it is not the same that matters for those who are

0:15:340:15:34

it, but it is not the same that matters for those who are feeling

0:15:340:15:35

it, but it is not the same that matters for those who are feeling T

0:15:350:15:35

matters for those who are feeling T tonight

0:15:350:15:35

matters for those who are feeling T tonight this

0:15:350:15:36

matters for those who are feeling T tonight this programme

0:15:360:15:36

matters for those who are feeling T tonight this programme learned

0:15:360:15:36

matters for those who are feeling T tonight this programme learned of

0:15:360:15:37

tonight this programme learned of the

0:15:370:15:37

tonight this programme learned of the effect

0:15:370:15:37

tonight this programme learned of the effect of

0:15:370:15:38

tonight this programme learned of the effect of the

0:15:380:15:38

tonight this programme learned of the effect of the spare

0:15:380:15:38

tonight this programme learned of the effect of the spare room

0:15:380:15:39

the effect of the spare room subsidy

0:15:390:15:40

the effect of the spare room subsidy on

0:15:400:15:40

the effect of the spare room subsidy on 114

0:15:400:15:40

the effect of the spare room subsidy on 114 local

0:15:400:15:40

the effect of the spare room subsidy on 114 local authorities

0:15:400:15:40

subsidy on 114 local authorities that

0:15:400:15:41

subsidy on 114 local authorities that responded

0:15:410:15:41

subsidy on 114 local authorities that responded to

0:15:410:15:41

subsidy on 114 local authorities that responded to a

0:15:410:15:41

subsidy on 114 local authorities that responded to a poll

0:15:410:15:42

subsidy on 114 local authorities that responded to a poll by

0:15:420:15:43

subsidy on 114 local authorities that responded to a poll by the

0:15:430:15:43

subsidy on 114 local authorities that responded to a poll by the TUC.

0:15:430:15:43

that responded to a poll by the TUC. The

0:15:430:15:44

that responded to a poll by the TUC. The union

0:15:440:15:44

that responded to a poll by the TUC. The union body

0:15:440:15:44

that responded to a poll by the TUC. The union body claims

0:15:440:15:45

that responded to a poll by the TUC. The union body claims a

0:15:450:15:45

that responded to a poll by the TUC. The union body claims a third

0:15:450:15:46

The union body claims a third of households

0:15:460:15:46

The union body claims a third of households affected

0:15:460:15:46

The union body claims a third of households affected by

0:15:460:15:47

The union body claims a third of households affected by the

0:15:470:15:47

The union body claims a third of households affected by the reform

0:15:470:15:47

households affected by the reform have

0:15:470:15:48

households affected by the reform have fallen

0:15:480:15:48

households affected by the reform have fallen behind

0:15:480:15:48

households affected by the reform have fallen behind on

0:15:480:15:48

households affected by the reform have fallen behind on their

0:15:480:15:49

households affected by the reform have fallen behind on their rents

0:15:490:15:49

have fallen behind on their rents since

0:15:490:15:49

have fallen behind on their rents since the

0:15:490:15:50

have fallen behind on their rents since the policy

0:15:500:15:51

have fallen behind on their rents since the policy was

0:15:510:15:51

have fallen behind on their rents since the policy was introduced.

0:15:510:15:51

have fallen behind on their rents since the policy was introduced. We

0:15:510:15:51

since the policy was introduced. We are

0:15:510:15:52

since the policy was introduced. We are going

0:15:520:15:52

since the policy was introduced. We are going to

0:15:520:15:53

since the policy was introduced. We are going to Zoe

0:15:530:15:53

since the policy was introduced. We are going to Zoe Conway

0:15:530:15:53

since the policy was introduced. We are going to Zoe Conway with

0:15:530:15:53

since the policy was introduced. We are going to Zoe Conway with more

0:15:530:15:54

are going to Zoe Conway with more details

0:15:540:15:55

are going to Zoe Conway with more details on

0:15:550:15:55

are going to Zoe Conway with more details on this.

0:15:550:15:56

are going to Zoe Conway with more details on this. What

0:15:560:15:56

are going to Zoe Conway with more details on this. What have

0:15:560:15:56

are going to Zoe Conway with more details on this. What have we

0:15:560:15:56

details on this. What have we learned

0:15:560:15:58

details on this. What have we learned about

0:15:580:15:58

details on this. What have we learned about this?

0:15:580:15:58

details on this. What have we learned about this? The

0:15:580:15:58

details on this. What have we learned about this? The research

0:15:580:15:59

learned about this? The research given

0:15:590:15:59

learned about this? The research given by.

0:15:590:16:00

learned about this? The research given by. TUC's

0:16:000:16:01

learned about this? The research given by. TUC's false

0:16:010:16:02

learned about this? The research given by. TUC's false economy

0:16:020:16:03

given by. TUC's false economy campaign,

0:16:030:16:03

given by. TUC's false economy campaign, is

0:16:030:16:03

given by. TUC's false economy campaign, is based

0:16:030:16:04

given by. TUC's false economy campaign, is based on

0:16:040:16:04

given by. TUC's false economy campaign, is based on Freedom

0:16:040:16:04

given by. TUC's false economy campaign, is based on Freedom of

0:16:040:16:04

campaign, is based on Freedom of Information

0:16:040:16:05

campaign, is based on Freedom of Information requests

0:16:050:16:05

campaign, is based on Freedom of Information requests they

0:16:050:16:05

campaign, is based on Freedom of Information requests they issued

0:16:050:16:05

campaign, is based on Freedom of Information requests they issued to

0:16:050:16:05

Information requests they issued to a

0:16:050:16:06

Information requests they issued to a number

0:16:060:16:06

Information requests they issued to a number of

0:16:060:16:07

Information requests they issued to a number of local

0:16:070:16:07

Information requests they issued to a number of local authorities

0:16:070:16:08

a number of local authorities across

0:16:080:16:08

a number of local authorities across Britain.

0:16:080:16:08

a number of local authorities across Britain. 114

0:16:080:16:08

a number of local authorities across Britain. 114 came

0:16:080:16:08

a number of local authorities across Britain. 114 came back

0:16:080:16:09

a number of local authorities across Britain. 114 came back to

0:16:090:16:09

across Britain. 114 came back to them.

0:16:090:16:10

across Britain. 114 came back to them. What

0:16:100:16:10

across Britain. 114 came back to them. What it

0:16:100:16:11

across Britain. 114 came back to them. What it shows

0:16:110:16:11

across Britain. 114 came back to them. What it shows is

0:16:110:16:12

across Britain. 114 came back to them. What it shows is that

0:16:120:16:12

across Britain. 114 came back to them. What it shows is that 50,000

0:16:120:16:12

them. What it shows is that 50,000 council

0:16:120:16:13

them. What it shows is that 50,000 council house

0:16:130:16:13

them. What it shows is that 50,000 council house tenants

0:16:130:16:14

them. What it shows is that 50,000 council house tenants have

0:16:140:16:14

them. What it shows is that 50,000 council house tenants have fallen

0:16:140:16:15

council house tenants have fallen behind

0:16:150:16:15

council house tenants have fallen behind on

0:16:150:16:16

council house tenants have fallen behind on their

0:16:160:16:16

council house tenants have fallen behind on their rent

0:16:160:16:18

council house tenants have fallen behind on their rent since

0:16:180:16:19

council house tenants have fallen behind on their rent since this

0:16:190:16:19

behind on their rent since this policy,

0:16:190:16:19

behind on their rent since this policy, the

0:16:190:16:20

behind on their rent since this policy, the called

0:16:200:16:20

behind on their rent since this policy, the called bedroom

0:16:200:16:20

behind on their rent since this policy, the called bedroom tax

0:16:200:16:20

behind on their rent since this policy, the called bedroom tax came

0:16:200:16:20

policy, the called bedroom tax came into

0:16:200:16:21

policy, the called bedroom tax came into effect

0:16:210:16:21

policy, the called bedroom tax came into effect at

0:16:210:16:21

policy, the called bedroom tax came into effect at the

0:16:210:16:22

policy, the called bedroom tax came into effect at the beginning

0:16:220:16:22

policy, the called bedroom tax came into effect at the beginning of

0:16:220:16:22

into effect at the beginning of April.

0:16:220:16:23

into effect at the beginning of April. In

0:16:230:16:23

into effect at the beginning of April. In other words one in

0:16:230:16:23

into effect at the beginning of April. In other words one in three

0:16:230:16:23

April. In other words one in three people

0:16:230:16:24

April. In other words one in three people affected

0:16:240:16:24

April. In other words one in three people affected by

0:16:240:16:25

April. In other words one in three people affected by this

0:16:250:16:25

April. In other words one in three people affected by this policy

0:16:250:16:25

April. In other words one in three people affected by this policy have

0:16:250:16:26

people affected by this policy have gone

0:16:260:16:26

people affected by this policy have gone into

0:16:260:16:27

people affected by this policy have gone into arrears

0:16:270:16:27

people affected by this policy have gone into arrears since

0:16:270:16:27

people affected by this policy have gone into arrears since the

0:16:270:16:28

people affected by this policy have gone into arrears since the policy

0:16:280:16:28

gone into arrears since the policy began.

0:16:280:16:29

gone into arrears since the policy began. And

0:16:290:16:30

gone into arrears since the policy began. And that's

0:16:300:16:30

gone into arrears since the policy began. And that's based

0:16:300:16:31

gone into arrears since the policy began. And that's based on

0:16:310:16:31

gone into arrears since the policy began. And that's based on these

0:16:310:16:32

gone into arrears since the policy requests fulfilled

0:16:320:16:32

gone into arrears since the policy requests fulfilled by

0:16:320:16:32

gone into arrears since the policy requests fulfilled by the

0:16:320:16:33

gone into arrears since the policy requests fulfilled by the local

0:16:330:16:33

requests fulfilled by the local authorities.

0:16:330:16:34

requests fulfilled by the local authorities. What

0:16:340:16:34

requests fulfilled by the local authorities. What we

0:16:340:16:34

requests fulfilled by the local authorities. What we can't

0:16:340:16:34

requests fulfilled by the local authorities. What we can't say

0:16:340:16:35

requests fulfilled by the local authorities. What we can't say for

0:16:350:16:35

authorities. What we can't say for certain

0:16:350:16:36

authorities. What we can't say for certain is

0:16:360:16:36

authorities. What we can't say for certain is that

0:16:360:16:36

authorities. What we can't say for certain is that whether

0:16:360:16:36

authorities. What we can't say for certain is that whether it

0:16:360:16:36

authorities. What we can't say for certain is that whether it is

0:16:360:16:37

authorities. What we can't say for certain is that whether it is the

0:16:370:16:37

certain is that whether it is the bedroom

0:16:370:16:37

certain is that whether it is the bedroom tax

0:16:370:16:37

certain is that whether it is the bedroom tax that

0:16:370:16:37

certain is that whether it is the bedroom tax that pushed

0:16:370:16:38

certain is that whether it is the bedroom tax that pushed them into

0:16:380:16:38

bedroom tax that pushed them into the

0:16:380:16:38

bedroom tax that pushed them into the debt,

0:16:380:16:39

bedroom tax that pushed them into the debt, but

0:16:390:16:39

bedroom tax that pushed them into the debt, but certainly

0:16:390:16:40

bedroom tax that pushed them into the debt, but certainly the TUC

0:16:400:16:40

bedroom tax that pushed them into the debt, but certainly the TUC see

0:16:400:16:41

the debt, but certainly the TUC see it

0:16:410:16:41

the debt, but certainly the TUC see it as

0:16:410:16:41

the debt, but certainly the TUC see it as a

0:16:410:16:41

the debt, but certainly the TUC see it as a significant

0:16:410:16:41

the debt, but certainly the TUC see it as a significant factor,

0:16:410:16:42

the debt, but certainly the TUC see it as a significant factor, if

0:16:420:16:42

the debt, but certainly the TUC see it as a significant factor, if not

0:16:420:16:43

it as a significant factor, if not in

0:16:430:16:43

it as a significant factor, if not in many

0:16:430:16:43

it as a significant factor, if not in many cases

0:16:430:16:43

it as a significant factor, if not in many cases the

0:16:430:16:44

it as a significant factor, if not in many cases the deciding

0:16:440:16:44

it as a significant factor, if not in many cases the deciding factor.

0:16:440:16:44

in many cases the deciding factor. I'm

0:16:440:16:45

in many cases the deciding factor. I'm going

0:16:450:16:45

in many cases the deciding factor. I'm going to

0:16:450:16:45

in many cases the deciding factor. I'm going to show

0:16:450:16:46

in many cases the deciding factor. I'm going to show you

0:16:460:16:46

in many cases the deciding factor. I'm going to show you a

0:16:460:16:47

in many cases the deciding factor. I'm going to show you a graph

0:16:470:16:48

I'm going to show you a graph that shows

0:16:480:16:48

I'm going to show you a graph that shows the

0:16:480:16:49

I'm going to show you a graph that shows the 20

0:16:490:16:49

I'm going to show you a graph that shows the 20 local

0:16:490:16:49

I'm going to show you a graph that shows the 20 local authority

0:16:490:16:49

I'm going to show you a graph that shows the 20 local authority areas

0:16:490:16:50

shows the 20 local authority areas which

0:16:500:16:50

shows the 20 local authority areas which has

0:16:500:16:50

shows the 20 local authority areas which has been

0:16:500:16:51

shows the 20 local authority areas which has been most

0:16:510:16:51

shows the 20 local authority areas which has been most affected

0:16:510:16:51

shows the 20 local authority areas which has been most affected by

0:16:510:16:52

shows the 20 local authority areas which has been most affected by the

0:16:520:16:52

which has been most affected by the bedroom,

0:16:520:16:53

which has been most affected by the bedroom, the

0:16:530:16:53

which has been most affected by the bedroom, the called

0:16:530:16:53

which has been most affected by the bedroom, the called bedroom

0:16:530:16:53

which has been most affected by the bedroom, the called bedroom tax,

0:16:530:16:54

bedroom, the called bedroom tax, the

0:16:540:16:54

bedroom, the called bedroom tax, the black

0:16:540:16:54

bedroom, the called bedroom tax, the black shows

0:16:540:16:54

bedroom, the called bedroom tax, the black shows the

0:16:540:16:55

bedroom, the called bedroom tax, the black shows the number

0:16:550:16:55

bedroom, the called bedroom tax, the black shows the number of

0:16:550:16:55

the black shows the number of people

0:16:550:16:55

the black shows the number of people in

0:16:550:16:56

the black shows the number of people in each

0:16:560:16:56

the black shows the number of people in each area

0:16:560:16:56

the black shows the number of people in each area affect.

0:16:560:16:57

the black shows the number of people in each area affect. Where

0:16:570:16:57

people in each area affect. Where it

0:16:570:16:57

people in each area affect. Where it goes

0:16:570:16:57

people in each area affect. Where it goes red,

0:16:570:16:57

people in each area affect. Where it goes red, those

0:16:570:16:58

people in each area affect. Where it goes red, those are

0:16:580:16:58

people in each area affect. Where it goes red, those are the

0:16:580:16:58

people in each area affect. Where it goes red, those are the number

0:16:580:16:59

it goes red, those are the number of

0:16:590:16:59

it goes red, those are the number of people

0:16:590:16:59

it goes red, those are the number of people that

0:16:590:17:00

it goes red, those are the number of people that have

0:17:000:17:01

it goes red, those are the number of people that have gone

0:17:010:17:01

it goes red, those are the number of people that have gone into

0:17:010:17:01

of people that have gone into arrears

0:17:010:17:02

of people that have gone into arrears since

0:17:020:17:02

of people that have gone into arrears since the

0:17:020:17:02

of people that have gone into arrears since the beginning

0:17:020:17:02

of people that have gone into arrears since the beginning of

0:17:020:17:03

arrears since the beginning of April.

0:17:030:17:03

arrears since the beginning of April. So

0:17:030:17:03

arrears since the beginning of April. So they

0:17:030:17:03

arrears since the beginning of April. So they weren't

0:17:030:17:04

arrears since the beginning of April. So they weren't in

0:17:040:17:04

arrears since the beginning of April. So they weren't in arrears

0:17:040:17:05

April. So they weren't in arrears before

0:17:050:17:05

April. So they weren't in arrears before then.

0:17:050:17:06

April. So they weren't in arrears before then. Now

0:17:060:17:07

April. So they weren't in arrears before then. Now what

0:17:070:17:08

April. So they weren't in arrears before then. Now what this

0:17:080:17:08

April. So they weren't in arrears before then. Now what this 46%

0:17:080:17:09

before then. Now what this 46% figure

0:17:090:17:09

before then. Now what this 46% figure in

0:17:090:17:09

before then. Now what this 46% figure in north

0:17:090:17:10

before then. Now what this 46% figure in north Lanarkshire

0:17:100:17:10

before then. Now what this 46% figure in north Lanarkshire shows

0:17:100:17:10

figure in north Lanarkshire shows is

0:17:100:17:12

figure in north Lanarkshire shows is that

0:17:120:17:13

figure in north Lanarkshire shows is that 5,500

0:17:130:17:13

figure in north Lanarkshire shows is that 5,500 people

0:17:130:17:13

figure in north Lanarkshire shows is that 5,500 people affected

0:17:130:17:13

figure in north Lanarkshire shows is that 5,500 people affected by

0:17:130:17:15

is that 5,500 people affected by the

0:17:150:17:15

is that 5,500 people affected by the policy

0:17:150:17:15

is that 5,500 people affected by the policy in

0:17:150:17:16

is that 5,500 people affected by the policy in that

0:17:160:17:17

is that 5,500 people affected by the policy in that area,

0:17:170:17:17

is that 5,500 people affected by the policy in that area, nearly

0:17:170:17:17

the policy in that area, nearly half

0:17:170:17:19

the policy in that area, nearly half of

0:17:190:17:19

the policy in that area, nearly half of them,

0:17:190:17:20

the policy in that area, nearly half of them, 2,500

0:17:200:17:21

the policy in that area, nearly half of them, 2,500 are

0:17:210:17:21

the policy in that area, nearly half of them, 2,500 are now

0:17:210:17:21

the policy in that area, nearly half of them, 2,500 are now in

0:17:210:17:23

half of them, 2,500 are now in arrears

0:17:230:17:23

half of them, 2,500 are now in arrears following

0:17:230:17:23

half of them, 2,500 are now in arrears following this

0:17:230:17:23

half of them, 2,500 are now in arrears following this policy.

0:17:230:17:26

half of them, 2,500 are now in arrears following this policy. One

0:17:260:17:27

arrears following this policy. One of

0:17:270:17:27

arrears following this policy. One of the

0:17:270:17:27

arrears following this policy. One of the reasons

0:17:270:17:28

arrears following this policy. One of the reasons why

0:17:280:17:28

arrears following this policy. One of the reasons why they

0:17:280:17:28

arrears following this policy. One of the reasons why they say

0:17:280:17:29

arrears following this policy. One of the reasons why they say that

0:17:290:17:29

of the reasons why they say that this

0:17:290:17:29

of the reasons why they say that this is

0:17:290:17:29

of the reasons why they say that this is happening

0:17:290:17:30

of the reasons why they say that this is happening is

0:17:300:17:30

of the reasons why they say that this is happening is because

0:17:300:17:30

of the reasons why they say that this is happening is because there

0:17:300:17:30

this is happening is because there is

0:17:300:17:31

this is happening is because there is a

0:17:310:17:31

this is happening is because there is a shortage

0:17:310:17:31

this is happening is because there is a shortage of

0:17:310:17:32

this is happening is because there is a shortage of smaller

0:17:320:17:32

this is happening is because there is a shortage of smaller housing

0:17:320:17:32

is a shortage of smaller housing for

0:17:320:17:32

is a shortage of smaller housing for them

0:17:320:17:32

is a shortage of smaller housing for them to

0:17:320:17:33

is a shortage of smaller housing for them to move

0:17:330:17:34

is a shortage of smaller housing for them to move in

0:17:340:17:34

is a shortage of smaller housing for them to move in to.

0:17:340:17:34

is a shortage of smaller housing for them to move in to. They

0:17:340:17:35

is a shortage of smaller housing for them to move in to. They can't

0:17:350:17:35

for them to move in to. They can't avoid

0:17:350:17:36

for them to move in to. They can't avoid the

0:17:360:17:36

for them to move in to. They can't avoid the cut,

0:17:360:17:36

for them to move in to. They can't avoid the cut, they

0:17:360:17:36

for them to move in to. They can't avoid the cut, they are

0:17:360:17:36

for them to move in to. They can't avoid the cut, they are having

0:17:360:17:37

for them to move in to. They can't avoid the cut, they are having to

0:17:370:17:37

avoid the cut, they are having to take

0:17:370:17:40

avoid the cut, they are having to take this

0:17:400:17:40

avoid the cut, they are having to take this hit.

0:17:400:17:41

take this hit. How

0:17:410:17:41

take this hit. How big

0:17:410:17:41

take this hit. How big a

0:17:410:17:41

take this hit. How big a problem

0:17:410:17:42

take this hit. How big a problem is

0:17:420:17:42

take this hit. How big a problem is it,

0:17:420:17:42

take this hit. How big a problem is it, is

0:17:420:17:42

take this hit. How big a problem is it, is it

0:17:420:17:43

take this hit. How big a problem is it, is it a

0:17:430:17:43

How big a problem is it, is it a blip

0:17:430:17:44

How big a problem is it, is it a blip or

0:17:440:17:44

How big a problem is it, is it a blip or here

0:17:440:17:44

How big a problem is it, is it a blip or here to

0:17:440:17:45

How big a problem is it, is it a blip or here to stay?

0:17:450:17:45

How big a problem is it, is it a blip or here to stay? I

0:17:450:17:45

How big a problem is it, is it a blip or here to stay? I think

0:17:450:17:45

How big a problem is it, is it a blip or here to stay? I think it

0:17:450:17:46

How big a problem is it, is it a blip or here to stay? I think it is

0:17:460:17:46

blip or here to stay? I think it is interesting,

0:17:460:17:47

blip or here to stay? I think it is interesting, is

0:17:470:17:47

blip or here to stay? I think it is interesting, is the

0:17:470:17:47

blip or here to stay? I think it is interesting, is the rent

0:17:470:17:47

blip or here to stay? I think it is interesting, is the rent arrears

0:17:470:17:48

interesting, is the rent arrears situation

0:17:480:17:48

interesting, is the rent arrears situation the

0:17:480:17:49

interesting, is the rent arrears situation the new

0:17:490:17:49

interesting, is the rent arrears situation the new normal

0:17:490:17:49

interesting, is the rent arrears situation the new normal in

0:17:490:17:50

interesting, is the rent arrears situation the new normal in housing

0:17:500:17:50

situation the new normal in housing association.

0:17:500:17:50

situation the new normal in housing association. That

0:17:500:17:51

situation the new normal in housing association. That is

0:17:510:17:51

situation the new normal in housing association. That is what

0:17:510:17:52

situation the new normal in housing association. That is what one

0:17:520:17:52

situation the new normal in housing association. That is what one ex-

0:17:520:17:52

association. That is what one ex- civil

0:17:520:17:52

association. That is what one ex- civil servant

0:17:520:17:53

association. That is what one ex- civil servant told

0:17:530:17:53

association. That is what one ex- civil servant told me,

0:17:530:17:53

association. That is what one ex- civil servant told me, he's

0:17:530:17:54

association. That is what one ex- civil servant told me, he's a

0:17:540:17:54

civil servant told me, he's a specialist

0:17:540:17:54

civil servant told me, he's a specialist in

0:17:540:17:54

civil servant told me, he's a specialist in housing

0:17:540:17:55

civil servant told me, he's a specialist in housing policy

0:17:550:17:55

civil servant told me, he's a specialist in housing policy S

0:17:550:17:55

civil servant told me, he's a specialist in housing policy S he

0:17:550:17:56

specialist in housing policy S he has

0:17:560:17:56

specialist in housing policy S he has told

0:17:560:17:56

specialist in housing policy S he has told me

0:17:560:17:56

specialist in housing policy S he has told me the

0:17:560:17:56

specialist in housing policy S he has told me the problem

0:17:560:17:57

specialist in housing policy S he has told me the problem is a

0:17:570:17:57

specialist in housing policy S he has told me the problem is a number,

0:17:570:17:57

has told me the problem is a number, the

0:17:570:17:58

has told me the problem is a number, the research

0:17:580:17:58

has told me the problem is a number, the research he

0:17:580:17:58

has told me the problem is a number, the research he has

0:17:580:17:59

has told me the problem is a number, the research he has looked

0:17:590:17:59

has told me the problem is a number, the research he has looked at

0:17:590:17:59

has told me the problem is a number, the research he has looked at shows

0:17:590:17:59

the research he has looked at shows that

0:17:590:17:59

the research he has looked at shows that people

0:17:590:18:00

the research he has looked at shows that people just

0:18:000:18:00

the research he has looked at shows that people just don't

0:18:000:18:00

the research he has looked at shows that people just don't move

0:18:000:18:00

the research he has looked at shows that people just don't move out

0:18:000:18:01

the research he has looked at shows that people just don't move out of

0:18:010:18:01

that people just don't move out of social

0:18:010:18:01

that people just don't move out of social housing,

0:18:010:18:01

that people just don't move out of social housing, they

0:18:010:18:02

that people just don't move out of social housing, they are

0:18:020:18:02

that people just don't move out of social housing, they are also

0:18:020:18:02

that people just don't move out of social housing, they are also going

0:18:020:18:03

social housing, they are also going to

0:18:030:18:03

social housing, they are also going to really

0:18:030:18:03

social housing, they are also going to really struggle

0:18:030:18:03

social housing, they are also going to really struggle to

0:18:030:18:04

social housing, they are also going to really struggle to find

0:18:040:18:04

social housing, they are also going to really struggle to find work,

0:18:040:18:04

social housing, they are also going to really struggle to find work, to

0:18:040:18:04

to really struggle to find work, to cope

0:18:040:18:05

to really struggle to find work, to cope with

0:18:050:18:05

to really struggle to find work, to cope with this

0:18:050:18:05

to really struggle to find work, to cope with this cut

0:18:050:18:06

to really struggle to find work, to cope with this cut in

0:18:060:18:06

to really struggle to find work, to cope with this cut in their

0:18:060:18:06

to really struggle to find work, to cope with this cut in their been

0:18:060:18:06

cope with this cut in their been fit.

0:18:060:18:07

cope with this cut in their been fit. So

0:18:070:18:07

cope with this cut in their been fit. So this

0:18:070:18:07

cope with this cut in their been fit. So this is

0:18:070:18:07

cope with this cut in their been fit. So this is what

0:18:070:18:07

cope with this cut in their been fit. So this is what he

0:18:070:18:08

cope with this cut in their been fit. So this is what he thinks

0:18:080:18:08

cope with this cut in their been fit. So this is what he thinks is

0:18:080:18:08

fit. So this is what he thinks is going

0:18:080:18:09

fit. So this is what he thinks is going to

0:18:090:18:09

fit. So this is what he thinks is going to happen.

0:18:090:18:10

going to happen. Ultimately

0:18:100:18:11

going to happen. Ultimately we

0:18:110:18:11

going to happen. Ultimately we are

0:18:110:18:11

going to happen. Ultimately we are going

0:18:110:18:11

going to happen. Ultimately we are going to

0:18:110:18:11

going to happen. Ultimately we are going to see

0:18:110:18:12

Ultimately we are going to see people

0:18:120:18:12

Ultimately we are going to see people having

0:18:120:18:12

Ultimately we are going to see people having to

0:18:120:18:12

Ultimately we are going to see people having to reduce

0:18:120:18:12

Ultimately we are going to see people having to reduce what

0:18:120:18:13

Ultimately we are going to see people having to reduce what they

0:18:130:18:13

people having to reduce what they spend,

0:18:130:18:14

people having to reduce what they spend, or,

0:18:140:18:14

people having to reduce what they spend, or, and

0:18:140:18:15

people having to reduce what they spend, or, and or,

0:18:150:18:15

people having to reduce what they spend, or, and or, run

0:18:150:18:15

people having to reduce what they spend, or, and or, run up

0:18:150:18:16

people having to reduce what they spend, or, and or, run up arrears,

0:18:160:18:16

spend, or, and or, run up arrears, and

0:18:160:18:16

spend, or, and or, run up arrears, and that's

0:18:160:18:17

spend, or, and or, run up arrears, and that's going

0:18:170:18:17

spend, or, and or, run up arrears, and that's going to

0:18:170:18:17

spend, or, and or, run up arrears, and that's going to be

0:18:170:18:18

spend, or, and or, run up arrears, and that's going to be a

0:18:180:18:18

spend, or, and or, run up arrears, and that's going to be a feature

0:18:180:18:18

and that's going to be a feature going

0:18:180:18:18

and that's going to be a feature going forward.

0:18:180:18:19

and that's going to be a feature going forward. Those

0:18:190:18:19

and that's going to be a feature going forward. Those arrears

0:18:190:18:19

and that's going to be a feature going forward. Those arrears are

0:18:190:18:19

going forward. Those arrears are going

0:18:190:18:20

going forward. Those arrears are going to

0:18:200:18:20

going forward. Those arrears are going to continue

0:18:200:18:20

going forward. Those arrears are going to continue to

0:18:200:18:20

going forward. Those arrears are going to continue to rise,

0:18:200:18:20

going forward. Those arrears are going to continue to rise, and

0:18:200:18:21

going forward. Those arrears are going to continue to rise, and they

0:18:210:18:22

going to continue to rise, and they are

0:18:220:18:22

going to continue to rise, and they are going

0:18:220:18:22

going to continue to rise, and they are going to

0:18:220:18:22

going to continue to rise, and they are going to be

0:18:220:18:23

going to continue to rise, and they are going to be probably

0:18:230:18:23

going to continue to rise, and they are going to be probably a

0:18:230:18:24

are going to be probably a permanent

0:18:240:18:24

are going to be probably a permanent feature

0:18:240:18:24

are going to be probably a permanent feature in

0:18:240:18:25

are going to be probably a permanent feature in social

0:18:250:18:25

are going to be probably a permanent feature in social housing,

0:18:250:18:26

permanent feature in social housing, and

0:18:260:18:26

permanent feature in social housing, and landlords,

0:18:260:18:27

permanent feature in social housing, and landlords, to

0:18:270:18:27

permanent feature in social housing, and landlords, to some

0:18:270:18:27

permanent feature in social housing, and landlords, to some extent,

0:18:270:18:27

permanent feature in social housing, and landlords, to some extent, will

0:18:270:18:28

and landlords, to some extent, will have

0:18:280:18:28

and landlords, to some extent, will have to

0:18:280:18:28

and landlords, to some extent, will have to put

0:18:280:18:28

and landlords, to some extent, will have to put up

0:18:280:18:28

and landlords, to some extent, will have to put up with

0:18:280:18:29

and landlords, to some extent, will have to put up with that

0:18:290:18:29

and landlords, to some extent, will have to put up with that and

0:18:290:18:29

and landlords, to some extent, will have to put up with that and accept

0:18:290:18:29

have to put up with that and accept a

0:18:290:18:30

have to put up with that and accept a higher

0:18:300:18:30

have to put up with that and accept a higher level

0:18:300:18:30

have to put up with that and accept a higher level of

0:18:300:18:30

have to put up with that and accept a higher level of arrears

0:18:300:18:30

have to put up with that and accept a higher level of arrears in

0:18:300:18:32

a higher level of arrears in the future.

0:18:320:18:33

future. Well

0:18:330:18:33

future. Well the

0:18:330:18:33

future. Well the Government

0:18:330:18:34

future. Well the Government doesn't

0:18:340:18:35

Well the Government doesn't certainly

0:18:350:18:35

Well the Government doesn't certainly agree,

0:18:350:18:35

Well the Government doesn't certainly agree, they

0:18:350:18:35

Well the Government doesn't certainly agree, they say

0:18:350:18:35

Well the Government doesn't certainly agree, they say this

0:18:350:18:36

Well the Government doesn't certainly agree, they say this is

0:18:360:18:36

certainly agree, they say this is certainly

0:18:360:18:36

certainly agree, they say this is certainly not

0:18:360:18:36

certainly agree, they say this is certainly not the

0:18:360:18:37

certainly agree, they say this is certainly not the new

0:18:370:18:37

certainly agree, they say this is certainly not the new normal.

0:18:370:18:37

certainly agree, they say this is certainly not the new normal. They

0:18:370:18:38

certainly not the new normal. They have

0:18:380:18:38

certainly not the new normal. They have given

0:18:380:18:38

certainly not the new normal. They have given us

0:18:380:18:38

certainly not the new normal. They have given us this

0:18:380:18:39

certainly not the new normal. They have given us this response,

0:18:390:18:39

certainly not the new normal. They have given us this response, they

0:18:390:18:40

have given us this response, they say

0:18:400:18:40

have given us this response, they say that

0:18:400:18:41

have given us this response, they say that it

0:18:410:18:41

have given us this response, they say that it is,

0:18:410:18:41

have given us this response, they say that it is, we

0:18:410:18:41

have given us this response, they say that it is, we will

0:18:410:18:42

have given us this response, they say that it is, we will just

0:18:420:18:42

have given us this response, they say that it is, we will just wait

0:18:420:18:42

say that it is, we will just wait for

0:18:420:18:42

say that it is, we will just wait for their

0:18:420:18:43

say that it is, we will just wait for their statement.

0:18:430:18:43

say that it is, we will just wait for their statement. They

0:18:430:18:43

say that it is, we will just wait for their statement. They say

0:18:430:18:44

say that it is, we will just wait for their statement. They say it

0:18:440:18:44

say that it is, we will just wait for their statement. They say it is

0:18:440:18:44

for their statement. They say it is wrong

0:18:440:18:44

for their statement. They say it is wrong to

0:18:440:18:44

for their statement. They say it is wrong to suggest

0:18:440:18:45

for their statement. They say it is wrong to suggest the

0:18:450:18:46

for their statement. They say it is wrong to suggest the early

0:18:460:18:46

for their statement. They say it is wrong to suggest the early stages

0:18:460:18:46

wrong to suggest the early stages of

0:18:460:18:46

wrong to suggest the early stages of the

0:18:460:18:47

wrong to suggest the early stages of the policy

0:18:470:18:47

wrong to suggest the early stages of the policy as

0:18:470:18:47

wrong to suggest the early stages of the policy as people

0:18:470:18:47

wrong to suggest the early stages of the policy as people start

0:18:470:18:48

wrong to suggest the early stages of the policy as people start to

0:18:480:18:48

of the policy as people start to adjust

0:18:480:18:49

of the policy as people start to adjust to

0:18:490:18:49

of the policy as people start to adjust to the

0:18:490:18:49

of the policy as people start to adjust to the change

0:18:490:18:50

of the policy as people start to adjust to the change represents

0:18:500:18:50

adjust to the change represents long-term

0:18:500:18:51

adjust to the change represents long-term trends.

0:18:510:18:51

adjust to the change represents long-term trends. They

0:18:510:18:51

adjust to the change represents long-term trends. They are

0:18:510:18:51

long-term trends. They are carefully

0:18:510:18:52

long-term trends. They are carefully monitoring

0:18:520:18:52

long-term trends. They are carefully monitoring the

0:18:520:18:53

long-term trends. They are carefully monitoring the policy

0:18:530:18:53

carefully monitoring the policy nationally,

0:18:530:18:54

carefully monitoring the policy nationally, ensuring

0:18:540:18:55

carefully monitoring the policy nationally, ensuring the

0:18:550:18:55

carefully monitoring the policy nationally, ensuring the extra

0:18:550:18:55

nationally, ensuring the extra funds

0:18:550:18:55

nationally, ensuring the extra funds to

0:18:550:18:56

nationally, ensuring the extra funds to support

0:18:560:18:56

nationally, ensuring the extra funds to support tenants

0:18:560:18:56

nationally, ensuring the extra funds to support tenants are

0:18:560:18:56

nationally, ensuring the extra funds to support tenants are used

0:18:560:18:57

funds to support tenants are used by

0:18:570:18:57

funds to support tenants are used by the

0:18:570:18:58

funds to support tenants are used by the council

0:18:580:18:58

funds to support tenants are used by the council well

0:18:580:18:58

funds to support tenants are used by the council well as

0:18:580:18:59

funds to support tenants are used by the council well as the

0:18:590:19:00

funds to support tenants are used by the council well as the changes

0:19:000:19:00

by the council well as the changes are

0:19:000:19:00

by the council well as the changes are introduced.

0:19:000:19:00

by the council well as the changes are introduced. They

0:19:000:19:01

by the council well as the changes are introduced. They pointed

0:19:010:19:01

by the council well as the changes are introduced. They pointed out

0:19:010:19:01

are introduced. They pointed out the

0:19:010:19:01

are introduced. They pointed out the policy

0:19:010:19:02

are introduced. They pointed out the policy is

0:19:020:19:02

are introduced. They pointed out the policy is needed

0:19:020:19:03

are introduced. They pointed out the policy is needed to

0:19:030:19:03

are introduced. They pointed out the policy is needed to cut

0:19:030:19:03

are introduced. They pointed out the policy is needed to cut the

0:19:030:19:04

the policy is needed to cut the housing

0:19:040:19:04

the policy is needed to cut the housing benefit

0:19:040:19:04

the policy is needed to cut the housing benefit bill,

0:19:040:19:04

the policy is needed to cut the housing benefit bill, and

0:19:040:19:05

the policy is needed to cut the housing benefit bill, and the

0:19:050:19:05

the policy is needed to cut the housing benefit bill, and the issue

0:19:050:19:06

housing benefit bill, and the issue of

0:19:060:19:06

housing benefit bill, and the issue of overcrowding

0:19:060:19:06

housing benefit bill, and the issue of overcrowding to

0:19:060:19:08

housing benefit bill, and the issue of overcrowding to be

0:19:080:19:08

housing benefit bill, and the issue of overcrowding to be addressed.

0:19:080:19:09

of overcrowding to be addressed. Thank

0:19:090:19:09

of overcrowding to be addressed. Thank you

0:19:090:19:09

of overcrowding to be addressed. Thank you very

0:19:090:19:09

of overcrowding to be addressed. Thank you very much.

0:19:090:19:10

of overcrowding to be addressed. Thank you very much. We

0:19:100:19:10

of overcrowding to be addressed. Thank you very much. We have

0:19:100:19:10

of overcrowding to be addressed. Thank you very much. We have a

0:19:100:19:10

Thank you very much. We have a Conservative

0:19:100:19:10

Thank you very much. We have a Conservative MP

0:19:100:19:11

Thank you very much. We have a Conservative MP here

0:19:110:19:12

Thank you very much. We have a Conservative MP here with us

0:19:120:19:12

Thank you very much. We have a Conservative MP here with us to

0:19:120:19:12

Conservative MP here with us to discuss

0:19:120:19:12

Conservative MP here with us to discuss the

0:19:120:19:13

Conservative MP here with us to discuss the latest

0:19:130:19:13

Conservative MP here with us to discuss the latest figures.

0:19:130:19:14

Conservative MP here with us to discuss the latest figures. Six

0:19:140:19:14

discuss the latest figures. Six months

0:19:140:19:14

discuss the latest figures. Six months on,

0:19:140:19:15

discuss the latest figures. Six months on, this

0:19:150:19:15

discuss the latest figures. Six months on, this picture

0:19:150:19:16

discuss the latest figures. Six months on, this picture is

0:19:160:19:16

discuss the latest figures. Six months on, this picture is emerging

0:19:160:19:16

months on, this picture is emerging of

0:19:160:19:17

months on, this picture is emerging of the

0:19:170:19:17

months on, this picture is emerging of the impact

0:19:170:19:17

months on, this picture is emerging of the impact it

0:19:170:19:17

months on, this picture is emerging of the impact it is

0:19:170:19:18

months on, this picture is emerging of the impact it is having,

0:19:180:19:18

months on, this picture is emerging of the impact it is having, Zoe

0:19:180:19:18

of the impact it is having, Zoe went

0:19:180:19:18

of the impact it is having, Zoe went through

0:19:180:19:19

of the impact it is having, Zoe went through some

0:19:190:19:19

of the impact it is having, Zoe went through some of

0:19:190:19:19

of the impact it is having, Zoe went through some of the

0:19:190:19:19

of the impact it is having, Zoe went through some of the figures

0:19:190:19:19

went through some of the figures there,

0:19:190:19:20

went through some of the figures there, a

0:19:200:19:20

went through some of the figures there, a third

0:19:200:19:20

went through some of the figures there, a third of

0:19:200:19:21

went through some of the figures there, a third of people

0:19:210:19:21

went through some of the figures there, a third of people pushed

0:19:210:19:21

there, a third of people pushed into

0:19:210:19:22

there, a third of people pushed into arrears

0:19:220:19:22

there, a third of people pushed into arrears on

0:19:220:19:22

there, a third of people pushed into arrears on their

0:19:220:19:22

there, a third of people pushed into arrears on their rent.

0:19:220:19:23

there, a third of people pushed into arrears on their rent. Is

0:19:230:19:23

there, a third of people pushed into arrears on their rent. Is that

0:19:230:19:24

into arrears on their rent. Is that broad

0:19:240:19:24

into arrears on their rent. Is that broad low

0:19:240:19:25

into arrears on their rent. Is that broad low what

0:19:250:19:25

into arrears on their rent. Is that broad low what you

0:19:250:19:25

into arrears on their rent. Is that broad low what you would

0:19:250:19:25

into arrears on their rent. Is that broad low what you would have

0:19:250:19:26

broad low what you would have expected?

0:19:260:19:28

broad low what you would have expected? We're

0:19:280:19:28

broad low what you would have expected? We're monitoring

0:19:280:19:28

broad low what you would have expected? We're monitoring this

0:19:280:19:29

expected? We're monitoring this very

0:19:290:19:29

expected? We're monitoring this very carefully.

0:19:290:19:29

expected? We're monitoring this very carefully. It

0:19:290:19:30

expected? We're monitoring this very carefully. It is

0:19:300:19:30

expected? We're monitoring this very carefully. It is worth

0:19:300:19:30

expected? We're monitoring this very carefully. It is worth bearing

0:19:300:19:30

very carefully. It is worth bearing in

0:19:300:19:31

very carefully. It is worth bearing in mind

0:19:310:19:31

very carefully. It is worth bearing in mind that

0:19:310:19:32

very carefully. It is worth bearing in mind that after

0:19:320:19:32

very carefully. It is worth bearing in mind that after this

0:19:320:19:32

very carefully. It is worth bearing in mind that after this policy

0:19:320:19:32

very carefully. It is worth bearing in mind that after this policy had

0:19:320:19:32

in mind that after this policy had been

0:19:320:19:33

in mind that after this policy had been introduced,

0:19:330:19:33

in mind that after this policy had been introduced, 80%

0:19:330:19:35

in mind that after this policy had been introduced, 80% of

0:19:350:19:35

in mind that after this policy had been introduced, 80% of climbants

0:19:350:19:35

been introduced, 80% of climbants of

0:19:350:19:36

been introduced, 80% of climbants of housing

0:19:360:19:37

been introduced, 80% of climbants of housing benefits

0:19:370:19:37

been introduced, 80% of climbants of housing benefits is

0:19:370:19:38

been introduced, 80% of climbants of housing benefits is still

0:19:380:19:38

been introduced, 80% of climbants of housing benefits is still being

0:19:380:19:38

of housing benefits is still being shouldered

0:19:380:19:39

of housing benefits is still being shouldered by

0:19:390:19:39

of housing benefits is still being shouldered by the

0:19:390:19:41

of housing benefits is still being shouldered by the Government

0:19:410:19:41

of housing benefits is still being shouldered by the Government and

0:19:410:19:41

shouldered by the Government and the

0:19:410:19:42

shouldered by the Government and the taxpayer.

0:19:420:19:42

shouldered by the Government and the taxpayer. 80%

0:19:420:19:42

shouldered by the Government and the taxpayer. 80% are

0:19:420:19:42

shouldered by the Government and the taxpayer. 80% are still

0:19:420:19:43

shouldered by the Government and the taxpayer. 80% are still being

0:19:430:19:44

the taxpayer. 80% are still being paid.

0:19:440:19:44

the taxpayer. 80% are still being paid. The

0:19:440:19:44

the taxpayer. 80% are still being paid. The average

0:19:440:19:45

the taxpayer. 80% are still being paid. The average reduction

0:19:450:19:45

the taxpayer. 80% are still being paid. The average reduction in

0:19:450:19:45

paid. The average reduction in subsidy

0:19:450:19:46

paid. The average reduction in subsidy is

0:19:460:19:46

paid. The average reduction in subsidy is £15

0:19:460:19:47

paid. The average reduction in subsidy is £15 a

0:19:470:19:47

paid. The average reduction in subsidy is £15 a week.

0:19:470:19:47

paid. The average reduction in subsidy is £15 a week. £190

0:19:470:19:48

paid. The average reduction in subsidy is £15 a week. £190 mill

0:19:480:19:48

subsidy is £15 a week. £190 mill yon

0:19:480:19:48

subsidy is £15 a week. £190 mill yon has

0:19:480:19:49

subsidy is £15 a week. £190 mill yon has been

0:19:490:19:49

subsidy is £15 a week. £190 mill yon has been made

0:19:490:19:50

subsidy is £15 a week. £190 mill yon has been made available

0:19:500:19:50

subsidy is £15 a week. £190 mill yon has been made available to

0:19:500:19:50

yon has been made available to local

0:19:500:19:51

yon has been made available to local authorities

0:19:510:19:51

yon has been made available to local authorities to

0:19:510:19:51

yon has been made available to local authorities to help

0:19:510:19:52

yon has been made available to local authorities to help with

0:19:520:19:52

local authorities to help with people

0:19:520:19:52

local authorities to help with people who

0:19:520:19:52

local authorities to help with people who need

0:19:520:19:52

local authorities to help with people who need the

0:19:520:19:53

local authorities to help with people who need the additional

0:19:530:19:53

local authorities to help with people who need the additional help.

0:19:530:19:53

people who need the additional help. There

0:19:530:19:53

people who need the additional help. There is

0:19:530:19:54

people who need the additional help. There is some

0:19:540:19:54

people who need the additional help. There is some very

0:19:540:19:54

people who need the additional help. There is some very God

0:19:540:19:54

people who need the additional help. There is some very God work

0:19:540:19:55

people who need the additional help. There is some very God work being

0:19:550:19:55

people who need the additional help. done in

0:19:550:19:56

people who need the additional help. done in some

0:19:560:19:56

people who need the additional help. done in some housing

0:19:560:19:57

people who need the additional help. done in some housing associations,

0:19:570:19:57

done in some housing associations, liver

0:19:570:19:57

done in some housing associations, liver --

0:19:570:19:57

done in some housing associations, liver -- good

0:19:570:19:58

done in some housing associations, liver -- good work

0:19:580:19:58

done in some housing associations, liver -- good work being

0:19:580:19:58

done in some housing associations, liver -- good work being done

0:19:580:19:59

done in some housing associations, liver -- good work being done in

0:19:590:20:00

liver -- good work being done in housing

0:20:000:20:00

liver -- good work being done in housing associations,

0:20:000:20:02

liver -- good work being done in housing associations, Liverpool

0:20:020:20:03

housing associations, Liverpool Housing

0:20:030:20:03

housing associations, Liverpool Housing Trust

0:20:030:20:03

housing associations, Liverpool Housing Trust are

0:20:030:20:04

housing associations, Liverpool Housing Trust are out

0:20:040:20:04

housing associations, Liverpool Housing Trust are out there

0:20:040:20:04

housing associations, Liverpool Housing Trust are out there making

0:20:040:20:04

Housing Trust are out there making it

0:20:040:20:04

Housing Trust are out there making it work.

0:20:040:20:05

Housing Trust are out there making it work. We

0:20:050:20:05

Housing Trust are out there making it work. We have

0:20:050:20:05

Housing Trust are out there making it work. We have to

0:20:050:20:05

Housing Trust are out there making it work. We have to monitor

0:20:050:20:06

Housing Trust are out there making it work. We have to monitor it,

0:20:060:20:06

Housing Trust are out there making it work. We have to monitor it, you

0:20:060:20:06

it work. We have to monitor it, you are

0:20:060:20:06

it work. We have to monitor it, you are right.

0:20:060:20:07

it work. We have to monitor it, you are right. The

0:20:070:20:07

it work. We have to monitor it, you are right. The really

0:20:070:20:07

it work. We have to monitor it, you are right. The really important

0:20:070:20:08

are right. The really important figure

0:20:080:20:08

are right. The really important figure to

0:20:080:20:09

are right. The really important figure to remember

0:20:090:20:10

are right. The really important figure to remember is

0:20:100:20:11

are right. The really important figure to remember is 20r

0:20:110:20:11

are right. The really important figure to remember is 20r in

0:20:110:20:12

are right. The really important figure to remember is 20r in 2000

0:20:120:20:12

figure to remember is 20r in 2000 the

0:20:120:20:13

figure to remember is 20r in 2000 the housing

0:20:130:20:13

figure to remember is 20r in 2000 the housing budget

0:20:130:20:13

figure to remember is 20r in 2000 the housing budget --

0:20:130:20:14

figure to remember is 20r in 2000 the housing budget -- in

0:20:140:20:14

figure to remember is 20r in 2000 the housing budget -- in 2000

0:20:140:20:15

figure to remember is 20r in 2000 the housing budget -- in 2000 the

0:20:150:20:15

the housing budget -- in 2000 the housing

0:20:150:20:15

the housing budget -- in 2000 the housing budget

0:20:150:20:16

the housing budget -- in 2000 the housing budget was

0:20:160:20:16

the housing budget -- in 2000 the housing budget was £11

0:20:160:20:16

the housing budget -- in 2000 the housing budget was £11 billion,

0:20:160:20:17

housing budget was £11 billion, today

0:20:170:20:17

housing budget was £11 billion, today it

0:20:170:20:17

housing budget was £11 billion, today it is

0:20:170:20:18

housing budget was £11 billion, today it is £24

0:20:180:20:18

housing budget was £11 billion, today it is £24 billion.

0:20:180:20:19

housing budget was £11 billion, today it is £24 billion. In

0:20:190:20:19

housing budget was £11 billion, today it is £24 billion. In the

0:20:190:20:19

today it is £24 billion. In the private

0:20:190:20:19

today it is £24 billion. In the private sector

0:20:190:20:20

today it is £24 billion. In the private sector there

0:20:200:20:20

today it is £24 billion. In the private sector there is

0:20:200:20:20

today it is £24 billion. In the private sector there is no

0:20:200:20:21

today it is £24 billion. In the private sector there is no subsidy

0:20:210:20:21

private sector there is no subsidy for

0:20:210:20:22

private sector there is no subsidy for additional

0:20:220:20:22

private sector there is no subsidy for additional rooms,

0:20:220:20:23

private sector there is no subsidy for additional rooms, why

0:20:230:20:23

private sector there is no subsidy for additional rooms, why should

0:20:230:20:23

for additional rooms, why should there

0:20:230:20:23

for additional rooms, why should there be

0:20:230:20:24

for additional rooms, why should there be one

0:20:240:20:24

for additional rooms, why should there be one in

0:20:240:20:24

for additional rooms, why should there be one in the

0:20:240:20:24

for additional rooms, why should there be one in the social

0:20:240:20:24

for additional rooms, why should there be one in the social sector.

0:20:240:20:25

there be one in the social sector. Picking

0:20:250:20:25

there be one in the social sector. Picking up

0:20:250:20:25

there be one in the social sector. Picking up on

0:20:250:20:25

there be one in the social sector. Picking up on the

0:20:250:20:26

there be one in the social sector. Picking up on the figure

0:20:260:20:26

there be one in the social sector. Picking up on the figure West

0:20:260:20:27

there be one in the social sector. Picking up on the figure West heard

0:20:270:20:27

Picking up on the figure West heard today.

0:20:270:20:27

Picking up on the figure West heard today. Half

0:20:270:20:28

Picking up on the figure West heard today. Half of

0:20:280:20:28

Picking up on the figure West heard today. Half of the

0:20:280:20:29

Picking up on the figure West heard today. Half of the social tenants

0:20:290:20:30

today. Half of the social tenants that

0:20:300:20:30

today. Half of the social tenants that --

0:20:300:20:31

today. Half of the social tenants that -- figures

0:20:310:20:31

today. Half of the social tenants that -- figures we

0:20:310:20:31

today. Half of the social tenants that -- figures we heard

0:20:310:20:31

today. Half of the social tenants that -- figures we heard about

0:20:310:20:31

that -- figures we heard about today,

0:20:310:20:33

that -- figures we heard about today, half

0:20:330:20:33

that -- figures we heard about today, half of

0:20:330:20:33

that -- figures we heard about today, half of social

0:20:330:20:33

that -- figures we heard about today, half of social tenants

0:20:330:20:34

today, half of social tenants falling

0:20:340:20:34

today, half of social tenants falling behind

0:20:340:20:34

today, half of social tenants falling behind in

0:20:340:20:34

today, half of social tenants falling behind in their

0:20:340:20:35

today, half of social tenants falling behind in their rent. Does

0:20:350:20:35

falling behind in their rent. Does it

0:20:350:20:35

falling behind in their rent. Does it suggest

0:20:350:20:35

falling behind in their rent. Does it suggest that

0:20:350:20:36

falling behind in their rent. Does it suggest that the

0:20:360:20:37

falling behind in their rent. Does it suggest that the numbers

0:20:370:20:37

falling behind in their rent. Does it suggest that the numbers put

0:20:370:20:37

it suggest that the numbers put together

0:20:370:20:37

it suggest that the numbers put together that

0:20:370:20:38

it suggest that the numbers put together that the

0:20:380:20:38

it suggest that the numbers put together that the plan

0:20:380:20:38

it suggest that the numbers put together that the plan is

0:20:380:20:39

it suggest that the numbers put together that the plan is going

0:20:390:20:39

it suggest that the numbers put together that the plan is going to

0:20:390:20:39

together that the plan is going to according

0:20:390:20:39

together that the plan is going to according to

0:20:390:20:40

together that the plan is going to according to what

0:20:400:20:40

together that the plan is going to according to what you

0:20:400:20:40

together that the plan is going to according to what you would

0:20:400:20:40

together that the plan is going to according to what you would have

0:20:400:20:41

according to what you would have wished?

0:20:410:20:41

according to what you would have wished? One

0:20:410:20:41

according to what you would have wished? One I

0:20:410:20:41

according to what you would have wished? One I would

0:20:410:20:41

according to what you would have wished? One I would like

0:20:410:20:42

according to what you would have wished? One I would like to

0:20:420:20:42

according to what you would have wished? One I would like to see

0:20:420:20:42

according to what you would have wished? One I would like to see the

0:20:420:20:43

wished? One I would like to see the results

0:20:430:20:43

wished? One I would like to see the results more

0:20:430:20:44

wished? One I would like to see the results more clearly.

0:20:440:20:44

wished? One I would like to see the results more clearly. I

0:20:440:20:44

wished? One I would like to see the results more clearly. I have

0:20:440:20:45

wished? One I would like to see the results more clearly. I have only

0:20:450:20:45

wished? One I would like to see the just seen

0:20:450:20:45

wished? One I would like to see the just seen them

0:20:450:20:46

wished? One I would like to see the just seen them on

0:20:460:20:46

wished? One I would like to see the just seen them on screen

0:20:460:20:47

wished? One I would like to see the just seen them on screen with

0:20:470:20:48

wished? One I would like to see the just seen them on screen with you

0:20:480:20:48

just seen them on screen with you here.

0:20:480:20:48

just seen them on screen with you here. I

0:20:480:20:48

just seen them on screen with you here. I don't

0:20:480:20:48

just seen them on screen with you here. I don't know

0:20:480:20:48

just seen them on screen with you here. I don't know how

0:20:480:20:49

just seen them on screen with you here. I don't know how large

0:20:490:20:49

just seen them on screen with you here. I don't know how large the

0:20:490:20:50

here. I don't know how large the sample

0:20:500:20:50

here. I don't know how large the sample is.

0:20:500:20:50

here. I don't know how large the sample is. What

0:20:500:20:50

here. I don't know how large the sample is. What sort

0:20:500:20:52

here. I don't know how large the sample is. What sort of

0:20:520:20:52

here. I don't know how large the sample is. What sort of data

0:20:520:20:52

sample is. What sort of data collection

0:20:520:20:53

sample is. What sort of data collection has

0:20:530:20:54

sample is. What sort of data collection has gone

0:20:540:20:54

sample is. What sort of data collection has gone in

0:20:540:20:54

sample is. What sort of data collection has gone in to

0:20:540:20:55

sample is. What sort of data collection has gone in to get

0:20:550:20:55

sample is. What sort of data collection has gone in to get this

0:20:550:20:56

collection has gone in to get this data

0:20:560:20:56

collection has gone in to get this data the

0:20:560:20:56

collection has gone in to get this data the Government

0:20:560:20:56

collection has gone in to get this data the Government will

0:20:560:20:57

collection has gone in to get this data the Government will have

0:20:570:20:57

collection has gone in to get this data the Government will have to

0:20:570:20:57

data the Government will have to apply

0:20:570:20:57

data the Government will have to apply much

0:20:570:20:58

data the Government will have to apply much more

0:20:580:20:58

data the Government will have to apply much more rigour

0:20:580:20:58

data the Government will have to apply much more rigour when

0:20:580:20:58

data the Government will have to apply much more rigour when it

0:20:580:20:58

apply much more rigour when it collects

0:20:580:20:59

apply much more rigour when it collects its

0:20:590:21:00

apply much more rigour when it collects its own

0:21:000:21:00

apply much more rigour when it collects its own statistics,

0:21:000:21:00

apply much more rigour when it collects its own statistics, we

0:21:000:21:00

apply much more rigour when it collects its own statistics, we are

0:21:000:21:00

collects its own statistics, we are monitoring

0:21:000:21:01

collects its own statistics, we are monitoring this

0:21:010:21:01

collects its own statistics, we are monitoring this at

0:21:010:21:01

collects its own statistics, we are monitoring this at the

0:21:010:21:01

collects its own statistics, we are monitoring this at the moment,

0:21:010:21:02

monitoring this at the moment, early

0:21:020:21:02

monitoring this at the moment, early days

0:21:020:21:02

monitoring this at the moment, early days in

0:21:020:21:03

monitoring this at the moment, early days in any

0:21:030:21:04

monitoring this at the moment, early days in any policy

0:21:040:21:04

monitoring this at the moment, early days in any policy change

0:21:040:21:04

early days in any policy change taking

0:21:040:21:05

early days in any policy change taking a

0:21:050:21:05

early days in any policy change taking a snapshot

0:21:050:21:06

early days in any policy change taking a snapshot is never

0:21:060:21:06

early days in any policy change taking a snapshot is never going

0:21:060:21:06

early days in any policy change taking a snapshot is never going to

0:21:060:21:06

taking a snapshot is never going to be

0:21:060:21:07

taking a snapshot is never going to be what

0:21:070:21:07

taking a snapshot is never going to be what the

0:21:070:21:07

taking a snapshot is never going to be what the picture

0:21:070:21:07

taking a snapshot is never going to be what the picture looks

0:21:070:21:07

taking a snapshot is never going to be what the picture looks like

0:21:070:21:08

taking a snapshot is never going to be what the picture looks like in

0:21:080:21:08

be what the picture looks like in the

0:21:080:21:08

be what the picture looks like in the long-term.

0:21:080:21:08

be what the picture looks like in the long-term. What

0:21:080:21:09

be what the picture looks like in the long-term. What we

0:21:090:21:09

be what the picture looks like in the long-term. What we have

0:21:090:21:09

be what the picture looks like in the long-term. What we have learned

0:21:090:21:09

the long-term. What we have learned is

0:21:090:21:09

the long-term. What we have learned is a

0:21:090:21:10

the long-term. What we have learned is a lot

0:21:100:21:10

the long-term. What we have learned is a lot of the

0:21:100:21:10

the long-term. What we have learned is a lot of the people

0:21:100:21:11

the long-term. What we have learned is a lot of the people that

0:21:110:21:11

the long-term. What we have learned is a lot of the people that had

0:21:110:21:11

is a lot of the people that had an extra

0:21:110:21:11

is a lot of the people that had an extra room

0:21:110:21:11

is a lot of the people that had an extra room that

0:21:110:21:12

is a lot of the people that had an extra room that wanted

0:21:120:21:12

is a lot of the people that had an extra room that wanted to

0:21:120:21:12

is a lot of the people that had an extra room that wanted to be

0:21:120:21:12

is a lot of the people that had an extra room that wanted to be able

0:21:120:21:13

extra room that wanted to be able to

0:21:130:21:13

extra room that wanted to be able to move

0:21:130:21:13

extra room that wanted to be able to move into

0:21:130:21:13

extra room that wanted to be able to move into a

0:21:130:21:13

extra room that wanted to be able to move into a smaller

0:21:130:21:13

extra room that wanted to be able to move into a smaller house

0:21:130:21:14

extra room that wanted to be able to move into a smaller house when

0:21:140:21:14

to move into a smaller house when they

0:21:140:21:14

to move into a smaller house when they gave

0:21:140:21:14

to move into a smaller house when they gave it

0:21:140:21:15

to move into a smaller house when they gave it up

0:21:150:21:15

to move into a smaller house when they gave it up haven't

0:21:150:21:15

to move into a smaller house when they gave it up haven't been

0:21:150:21:15

to move into a smaller house when they gave it up haven't been able

0:21:150:21:16

they gave it up haven't been able to

0:21:160:21:16

they gave it up haven't been able to move.

0:21:160:21:16

they gave it up haven't been able to move. This

0:21:160:21:17

they gave it up haven't been able to move. This is

0:21:170:21:17

they gave it up haven't been able to move. This is going

0:21:170:21:17

they gave it up haven't been able to move. This is going to

0:21:170:21:17

they gave it up haven't been able to move. This is going to be

0:21:170:21:17

to move. This is going to be compounded

0:21:170:21:18

to move. This is going to be compounded over

0:21:180:21:19

to move. This is going to be compounded over time,

0:21:190:21:19

to move. This is going to be compounded over time, it

0:21:190:21:19

to move. This is going to be compounded over time, it is

0:21:190:21:19

to move. This is going to be compounded over time, it is not

0:21:190:21:20

compounded over time, it is not that

0:21:200:21:20

compounded over time, it is not that they

0:21:200:21:21

compounded over time, it is not that they don't

0:21:210:21:21

compounded over time, it is not that they don't want

0:21:210:21:21

compounded over time, it is not that they don't want to

0:21:210:21:22

compounded over time, it is not that they don't want to move,

0:21:220:21:22

compounded over time, it is not that they don't want to move, they

0:21:220:21:23

that they don't want to move, they can't

0:21:230:21:23

that they don't want to move, they can't move?

0:21:230:21:23

that they don't want to move, they can't move? We

0:21:230:21:23

that they don't want to move, they can't move? We are

0:21:230:21:24

that they don't want to move, they can't move? We are putting

0:21:240:21:24

that they don't want to move, they can't move? We are putting more

0:21:240:21:24

can't move? We are putting more money

0:21:240:21:24

can't move? We are putting more money into

0:21:240:21:25

can't move? We are putting more money into house

0:21:250:21:25

can't move? We are putting more money into house building,

0:21:250:21:25

can't move? We are putting more money into house building, you

0:21:250:21:25

can't move? We are putting more money into house building, you know

0:21:250:21:25

money into house building, you know that,

0:21:250:21:26

money into house building, you know that, you

0:21:260:21:26

money into house building, you know that, you have

0:21:260:21:26

money into house building, you know that, you have talked

0:21:260:21:27

money into house building, you know that, you have talked about

0:21:270:21:27

money into house building, you know that, you have talked about it

0:21:270:21:27

that, you have talked about it earlier

0:21:270:21:28

that, you have talked about it earlier in

0:21:280:21:28

that, you have talked about it earlier in your

0:21:280:21:28

that, you have talked about it earlier in your piece.

0:21:280:21:29

that, you have talked about it earlier in your piece. We

0:21:290:21:29

that, you have talked about it earlier in your piece. We are

0:21:290:21:29

earlier in your piece. We are putting

0:21:290:21:29

earlier in your piece. We are putting more

0:21:290:21:30

earlier in your piece. We are putting more money

0:21:300:21:30

earlier in your piece. We are putting more money into

0:21:300:21:31

earlier in your piece. We are putting more money into housing

0:21:310:21:31

putting more money into housing association,

0:21:310:21:32

putting more money into housing association, billions

0:21:320:21:32

putting more money into housing association, billions of

0:21:320:21:32

putting more money into housing association, billions of pounds

0:21:320:21:32

putting more money into housing association, billions of pounds of

0:21:320:21:33

association, billions of pounds of help

0:21:330:21:33

association, billions of pounds of help into

0:21:330:21:33

association, billions of pounds of help into housing

0:21:330:21:34

association, billions of pounds of help into housing association

0:21:340:21:34

association, billions of pounds of help into housing association to

0:21:340:21:34

help into housing association to build

0:21:340:21:34

help into housing association to build more

0:21:340:21:35

help into housing association to build more housing.

0:21:350:21:36

help into housing association to build more housing. And

0:21:360:21:36

help into housing association to build more housing. And also

0:21:360:21:36

help into housing association to build more housing. And also you

0:21:360:21:36

build more housing. And also you have

0:21:360:21:37

build more housing. And also you have to

0:21:370:21:37

build more housing. And also you have to remember

0:21:370:21:37

build more housing. And also you have to remember this,

0:21:370:21:38

build more housing. And also you have to remember this, there

0:21:380:21:38

build more housing. And also you have to remember this, there is

0:21:380:21:39

build more housing. And also you have to remember this, there is a

0:21:390:21:39

have to remember this, there is a quarter

0:21:390:21:39

have to remember this, there is a quarter of

0:21:390:21:40

have to remember this, there is a quarter of a

0:21:400:21:40

have to remember this, there is a quarter of a million

0:21:400:21:40

have to remember this, there is a quarter of a million people

0:21:400:21:41

have to remember this, there is a quarter of a million people living

0:21:410:21:41

quarter of a million people living in

0:21:410:21:42

quarter of a million people living in overcrowded

0:21:420:21:42

quarter of a million people living in overcrowded accommodation

0:21:420:21:42

quarter of a million people living in overcrowded accommodation at

0:21:420:21:42

quarter of a million people living in overcrowded accommodation at the

0:21:420:21:43

in overcrowded accommodation at the moment,

0:21:430:21:43

in overcrowded accommodation at the moment, it

0:21:430:21:43

in overcrowded accommodation at the moment, it is

0:21:430:21:43

in overcrowded accommodation at the moment, it is important to

0:21:430:21:44

in overcrowded accommodation at the moment, it is important to do

0:21:440:21:44

moment, it is important to do something

0:21:440:21:44

moment, it is important to do something about

0:21:440:21:44

moment, it is important to do something about that.

0:21:440:21:44

moment, it is important to do something about that. In

0:21:440:21:45

moment, it is important to do something about that. In six

0:21:450:21:45

moment, it is important to do something about that. In six months

0:21:450:21:45

something about that. In six months have

0:21:450:21:45

something about that. In six months have you

0:21:450:21:46

something about that. In six months have you seen

0:21:460:21:46

something about that. In six months have you seen that

0:21:460:21:47

something about that. In six months have you seen that overcrowding

0:21:470:21:47

have you seen that overcrowding eased?

0:21:470:21:47

have you seen that overcrowding eased? We

0:21:470:21:48

have you seen that overcrowding eased? We are

0:21:480:21:48

have you seen that overcrowding eased? We are monitoring

0:21:480:21:48

have you seen that overcrowding eased? We are monitoring it

0:21:480:21:48

have you seen that overcrowding eased? We are monitoring it at

0:21:480:21:49

have you seen that overcrowding eased? We are monitoring it at the

0:21:490:21:49

eased? We are monitoring it at the moment,

0:21:490:21:49

eased? We are monitoring it at the moment, once

0:21:490:21:49

eased? We are monitoring it at the moment, once we

0:21:490:21:49

eased? We are monitoring it at the moment, once we have

0:21:490:21:50

eased? We are monitoring it at the moment, once we have got

0:21:500:21:50

eased? We are monitoring it at the moment, once we have got some

0:21:500:21:50

moment, once we have got some robust

0:21:500:21:50

moment, once we have got some robust statistics

0:21:500:21:50

moment, once we have got some robust statistics I

0:21:500:21:51

moment, once we have got some robust statistics I will

0:21:510:21:51

moment, once we have got some robust statistics I will come

0:21:510:21:51

moment, once we have got some robust statistics I will come back

0:21:510:21:52

robust statistics I will come back on

0:21:520:21:52

robust statistics I will come back on the

0:21:520:21:52

robust statistics I will come back on the show

0:21:520:21:53

robust statistics I will come back on the show and

0:21:530:21:53

robust statistics I will come back on the show and I'm

0:21:530:21:54

robust statistics I will come back on the show and I'm sure

0:21:540:21:54

robust statistics I will come back on the show and I'm sure ministers

0:21:540:21:54

on the show and I'm sure ministers from

0:21:540:21:55

on the show and I'm sure ministers from DWP

0:21:550:21:55

on the show and I'm sure ministers from DWP will

0:21:550:21:55

on the show and I'm sure ministers from DWP will come

0:21:550:21:55

on the show and I'm sure ministers from DWP will come back

0:21:550:21:56

on the show and I'm sure ministers from DWP will come back on

0:21:560:21:56

from DWP will come back on the programme

0:21:560:21:56

from DWP will come back on the programme and

0:21:560:21:56

from DWP will come back on the programme and talk

0:21:560:21:57

from DWP will come back on the programme and talk about

0:21:570:21:57

from DWP will come back on the programme and talk about it.

0:21:570:21:58

from DWP will come back on the programme and talk about it. It

0:21:580:21:58

from DWP will come back on the programme and talk about it. It is

0:21:580:21:58

programme and talk about it. It is early

0:21:580:21:58

programme and talk about it. It is early days

0:21:580:21:58

programme and talk about it. It is early days for

0:21:580:21:59

programme and talk about it. It is early days for the

0:21:590:21:59

programme and talk about it. It is early days for the policy,

0:21:590:21:59

programme and talk about it. It is early days for the policy, it

0:21:590:21:59

programme and talk about it. It is early days for the policy, it is

0:21:590:22:00

early days for the policy, it is important

0:22:000:22:00

early days for the policy, it is important to recognise

0:22:000:22:00

early days for the policy, it is important to recognise it.

0:22:000:22:00

early days for the policy, it is important to recognise it. It

0:22:000:22:01

early days for the policy, it is important to recognise it. It is

0:22:010:22:01

important to recognise it. It is important

0:22:010:22:01

important to recognise it. It is important that

0:22:010:22:01

important to recognise it. It is important that we

0:22:010:22:02

important to recognise it. It is important that we recognise

0:22:020:22:02

important to recognise it. It is important that we recognise the

0:22:020:22:03

important that we recognise the unfairness

0:22:030:22:03

important that we recognise the unfairness of

0:22:030:22:03

important that we recognise the unfairness of having

0:22:030:22:03

important that we recognise the unfairness of having a

0:22:030:22:04

important that we recognise the unfairness of having a private

0:22:040:22:05

unfairness of having a private sector

0:22:050:22:05

unfairness of having a private sector where

0:22:050:22:05

unfairness of having a private sector where there

0:22:050:22:05

unfairness of having a private sector where there is

0:22:050:22:05

unfairness of having a private sector where there is no

0:22:050:22:06

unfairness of having a private sector where there is no subsidy

0:22:060:22:06

sector where there is no subsidy for

0:22:060:22:06

sector where there is no subsidy for a spare

0:22:060:22:07

sector where there is no subsidy for a spare room,

0:22:070:22:07

sector where there is no subsidy for a spare room, yet

0:22:070:22:07

sector where there is no subsidy for a spare room, yet there

0:22:070:22:08

sector where there is no subsidy for a spare room, yet there is

0:22:080:22:08

sector where there is no subsidy for a spare room, yet there is one

0:22:080:22:08

for a spare room, yet there is one in

0:22:080:22:09

for a spare room, yet there is one in social

0:22:090:22:09

for a spare room, yet there is one in social housing.

0:22:090:22:09

for a spare room, yet there is one in social housing. I

0:22:090:22:09

for a spare room, yet there is one in social housing. I think

0:22:090:22:10

for a spare room, yet there is one in social housing. I think it

0:22:100:22:10

for a spare room, yet there is one in social housing. I think it is

0:22:100:22:10

in social housing. I think it is important

0:22:100:22:10

in social housing. I think it is important that

0:22:100:22:11

in social housing. I think it is important that we

0:22:110:22:11

in social housing. I think it is important that we make

0:22:110:22:11

in social housing. I think it is important that we make these

0:22:110:22:11

important that we make these changes,

0:22:110:22:12

important that we make these changes, because

0:22:120:22:13

important that we make these changes, because for

0:22:130:22:13

important that we make these changes, because for a

0:22:130:22:14

important that we make these changes, because for a budget

0:22:140:22:14

important that we make these changes, because for a budget to

0:22:140:22:15

important that we make these changes, because for a budget to go

0:22:150:22:15

changes, because for a budget to go from

0:22:150:22:16

changes, because for a budget to go from £11

0:22:160:22:17

changes, because for a budget to go from £11 billion

0:22:170:22:18

changes, because for a budget to go from £11 billion in

0:22:180:22:18

changes, because for a budget to go from £11 billion in 20000

0:22:180:22:19

changes, because for a budget to go from £11 billion in 20000 to

0:22:190:22:20

changes, because for a budget to go from £11 billion in 20000 to £24

0:22:200:22:20

changes, because for a budget to go billion, there is

0:22:200:22:20

changes, because for a budget to go billion, there is something

0:22:200:22:21

billion, there is something wrong, we

0:22:210:22:21

billion, there is something wrong, we have

0:22:210:22:21

billion, there is something wrong, we have to

0:22:210:22:21

billion, there is something wrong, we have to manage

0:22:210:22:22

billion, there is something wrong, we have to manage the

0:22:220:22:22

billion, there is something wrong, we have to manage the housing

0:22:220:22:23

billion, there is something wrong, we have to manage the housing stock

0:22:230:22:23

we have to manage the housing stock market.

0:22:230:22:24

we have to manage the housing stock market. I

0:22:240:22:24

we have to manage the housing stock market. I wonder

0:22:240:22:25

we have to manage the housing stock market. I wonder if

0:22:250:22:25

we have to manage the housing stock market. I wonder if you

0:22:250:22:25

we have to manage the housing stock market. I wonder if you think

0:22:250:22:25

we have to manage the housing stock market. I wonder if you think this

0:22:250:22:26

market. I wonder if you think this will

0:22:260:22:26

market. I wonder if you think this will be

0:22:260:22:26

market. I wonder if you think this will be the

0:22:260:22:26

market. I wonder if you think this will be the pattern

0:22:260:22:27

market. I wonder if you think this will be the pattern from

0:22:270:22:27

market. I wonder if you think this will be the pattern from here

0:22:270:22:27

market. I wonder if you think this will be the pattern from here on,

0:22:270:22:27

will be the pattern from here on, lots

0:22:270:22:27

will be the pattern from here on, lots more

0:22:270:22:28

will be the pattern from here on, lots more people

0:22:280:22:28

will be the pattern from here on, lots more people defaulting

0:22:280:22:29

will be the pattern from here on, lots more people defaulting on

0:22:290:22:29

will be the pattern from here on, lots more people defaulting on the

0:22:290:22:29

lots more people defaulting on the rents

0:22:290:22:30

lots more people defaulting on the rents and

0:22:300:22:30

lots more people defaulting on the rents and bailing

0:22:300:22:30

lots more people defaulting on the rents and bailing them

0:22:300:22:31

lots more people defaulting on the rents and bailing them out,

0:22:310:22:31

lots more people defaulting on the rents and bailing them out, that

0:22:310:22:31

rents and bailing them out, that will

0:22:310:22:32

rents and bailing them out, that will be

0:22:320:22:32

rents and bailing them out, that will be the

0:22:320:22:32

rents and bailing them out, that will be the long-term

0:22:320:22:32

rents and bailing them out, that will be the long-term pattern?.

0:22:320:22:33

will be the long-term pattern?. That

0:22:330:22:33

will be the long-term pattern?. That is

0:22:330:22:33

will be the long-term pattern?. That is not

0:22:330:22:33

will be the long-term pattern?. That is not the

0:22:330:22:34

will be the long-term pattern?. That is not the purpose

0:22:340:22:35

will be the long-term pattern?. That is not the purpose of

0:22:350:22:35

will be the long-term pattern?. That is not the purpose of this

0:22:350:22:35

That is not the purpose of this policy.

0:22:350:22:36

That is not the purpose of this policy. It

0:22:360:22:36

That is not the purpose of this policy. It is

0:22:360:22:37

That is not the purpose of this policy. It is not

0:22:370:22:37

That is not the purpose of this policy. It is not to

0:22:370:22:37

That is not the purpose of this policy. It is not to make

0:22:370:22:37

That is not the purpose of this policy. It is not to make people,

0:22:370:22:38

policy. It is not to make people, for

0:22:380:22:38

policy. It is not to make people, for example,

0:22:380:22:39

policy. It is not to make people, for example, if

0:22:390:22:39

policy. It is not to make people, for example, if they

0:22:390:22:39

policy. It is not to make people, for example, if they find

0:22:390:22:40

for example, if they find themselves

0:22:400:22:40

for example, if they find themselves homeless,

0:22:400:22:40

for example, if they find themselves homeless, they

0:22:400:22:40

for example, if they find themselves homeless, they will

0:22:400:22:41

for example, if they find themselves homeless, they will not

0:22:410:22:41

themselves homeless, they will not be

0:22:410:22:42

themselves homeless, they will not be classed

0:22:420:22:42

themselves homeless, they will not be classed as

0:22:420:22:43

themselves homeless, they will not be classed as intentionly

0:22:430:22:43

themselves homeless, they will not be classed as intentionly homeless

0:22:430:22:43

be classed as intentionly homeless by

0:22:430:22:44

be classed as intentionly homeless by this

0:22:440:22:44

be classed as intentionly homeless by this policy.

0:22:440:22:44

be classed as intentionly homeless by this policy. This

0:22:440:22:45

be classed as intentionly homeless by this policy. This has

0:22:450:22:45

be classed as intentionly homeless by this policy. This has been

0:22:450:22:45

be classed as intentionly homeless by this policy. This has been put

0:22:450:22:46

by this policy. This has been put on

0:22:460:22:46

by this policy. This has been put on record

0:22:460:22:47

by this policy. This has been put on record by

0:22:470:22:48

by this policy. This has been put on record by Government

0:22:480:22:48

by this policy. This has been put on record by Government ministers

0:22:480:22:48

on record by Government ministers in

0:22:480:22:49

on record by Government ministers in the

0:22:490:22:49

on record by Government ministers in the House

0:22:490:22:49

on record by Government ministers in the House of

0:22:490:22:49

on record by Government ministers in the House of Commons.

0:22:490:22:50

on record by Government ministers in the House of Commons. This

0:22:500:22:51

on record by Government ministers in the House of Commons. This isn't

0:22:510:22:52

in the House of Commons. This isn't about

0:22:520:22:52

in the House of Commons. This isn't about making

0:22:520:22:52

in the House of Commons. This isn't about making life

0:22:520:22:53

in the House of Commons. This isn't about making life difficult

0:22:530:22:53

in the House of Commons. This isn't about making life difficult for

0:22:530:22:53

about making life difficult for people,

0:22:530:22:54

about making life difficult for people, it

0:22:540:22:54

about making life difficult for people, it is

0:22:540:22:54

about making life difficult for people, it is about

0:22:540:22:54

about making life difficult for people, it is about living

0:22:540:22:55

about making life difficult for people, it is about living within

0:22:550:22:55

people, it is about living within our

0:22:550:22:55

people, it is about living within our means,

0:22:550:22:56

people, it is about living within our means, making

0:22:560:22:56

people, it is about living within our means, making sure

0:22:560:22:57

people, it is about living within our means, making sure that

0:22:570:22:57

people, it is about living within our means, making sure that we

0:22:570:22:57

people, it is about living within our means, making sure that we have

0:22:570:22:58

our means, making sure that we have a

0:22:580:22:58

our means, making sure that we have a level

0:22:580:22:59

our means, making sure that we have a level playing

0:22:590:22:59

our means, making sure that we have a level playing field

0:22:590:23:00

our means, making sure that we have a level playing field between

0:23:000:23:00

our means, making sure that we have a level playing field between the

0:23:000:23:01

a level playing field between the private

0:23:010:23:01

a level playing field between the private rented

0:23:010:23:02

a level playing field between the private rented sector

0:23:020:23:02

a level playing field between the private rented sector and

0:23:020:23:02

a level playing field between the private rented sector and the

0:23:020:23:03

private rented sector and the housing

0:23:030:23:03

private rented sector and the housing sector,

0:23:030:23:03

private rented sector and the housing sector, it

0:23:030:23:03

private rented sector and the housing sector, it is

0:23:030:23:03

private rented sector and the housing sector, it is an

0:23:030:23:04

private rented sector and the housing sector, it is an important

0:23:040:23:04

housing sector, it is an important change

0:23:040:23:04

housing sector, it is an important change to

0:23:040:23:05

housing sector, it is an important change to have

0:23:050:23:05

housing sector, it is an important change to have made.

0:23:050:23:07

change to have made. In

0:23:070:23:07

change to have made. In a

0:23:070:23:07

change to have made. In a moment:

0:23:070:23:14

In a moment: We

0:23:140:23:14

In a moment: We report

0:23:140:23:14

In a moment: We report on

0:23:140:23:15

In a moment: We report on Germany's

0:23:150:23:15

In a moment: We report on Germany's reluctant

0:23:150:23:15

We report on Germany's reluctant leadership

0:23:150:23:16

We report on Germany's reluctant leadership in

0:23:160:23:16

We report on Germany's reluctant leadership in Europe.

0:23:160:23:21

leadership in Europe. Violent

0:23:210:23:21

leadership in Europe. Violent scenes

0:23:210:23:21

leadership in Europe. Violent scenes in

0:23:210:23:21

leadership in Europe. Violent scenes in Greece

0:23:210:23:22

leadership in Europe. Violent scenes in Greece tonight

0:23:220:23:22

Violent scenes in Greece tonight following

0:23:220:23:23

Violent scenes in Greece tonight following the

0:23:230:23:23

Violent scenes in Greece tonight following the murder

0:23:230:23:24

Violent scenes in Greece tonight following the murder of

0:23:240:23:24

Violent scenes in Greece tonight following the murder of a

0:23:240:23:25

Violent scenes in Greece tonight following the murder of a rapper

0:23:250:23:25

following the murder of a rapper and

0:23:250:23:27

following the murder of a rapper and anti-

0:23:270:23:29

following the murder of a rapper and anti- figuresist

0:23:290:23:29

following the murder of a rapper and anti- figuresist protestor,

0:23:290:23:29

following the murder of a rapper and anti- figuresist protestor, by

0:23:290:23:30

and anti- figuresist protestor, by a

0:23:300:23:30

and anti- figuresist protestor, by a member

0:23:300:23:32

and anti- figuresist protestor, by a member of

0:23:320:23:32

and anti- figuresist protestor, by a member of the

0:23:320:23:32

and anti- figuresist protestor, by a member of the Neo-Nazi

0:23:320:23:33

and anti- figuresist protestor, by a member of the Neo-Nazi Golden

0:23:330:23:33

a member of the Neo-Nazi Golden Dawn

0:23:330:23:34

a member of the Neo-Nazi Golden Dawn Party.

0:23:340:23:35

Dawn Party. A

0:23:350:23:35

Dawn Party. A bank

0:23:350:23:36

Dawn Party. A bank and

0:23:360:23:36

Dawn Party. A bank and a

0:23:360:23:36

Dawn Party. A bank and a police

0:23:360:23:36

Dawn Party. A bank and a police station

0:23:360:23:37

Dawn Party. A bank and a police station have

0:23:370:23:38

A bank and a police station have been

0:23:380:23:38

A bank and a police station have been attacked.

0:23:380:23:38

A bank and a police station have been attacked. This

0:23:380:23:38

A bank and a police station have been attacked. This report

0:23:380:23:39

A bank and a police station have been attacked. This report contains

0:23:390:23:39

been attacked. This report contains flash

0:23:390:23:39

been attacked. This report contains flash photography.

0:23:390:23:44

flash photography. As

0:23:440:23:44

flash photography. As darkness

0:23:440:23:44

flash photography. As darkness fell

0:23:440:23:45

flash photography. As darkness fell the

0:23:450:23:46

flash photography. As darkness fell the violence

0:23:460:23:46

flash photography. As darkness fell the violence began.

0:23:460:23:46

As darkness fell the violence began. Riot

0:23:460:23:47

As darkness fell the violence began. Riot police

0:23:470:23:47

As darkness fell the violence began. Riot police used

0:23:470:23:48

As darkness fell the violence began. Riot police used teargas

0:23:480:23:48

As darkness fell the violence began. Riot police used teargas and

0:23:480:23:48

As darkness fell the violence began. Riot police used teargas and stun

0:23:480:23:49

Riot police used teargas and stun grenades

0:23:490:23:49

Riot police used teargas and stun grenades to

0:23:490:23:49

Riot police used teargas and stun grenades to push

0:23:490:23:49

Riot police used teargas and stun grenades to push back

0:23:490:23:50

Riot police used teargas and stun grenades to push back protestors

0:23:500:23:50

grenades to push back protestors from

0:23:500:23:51

grenades to push back protestors from the

0:23:510:23:51

grenades to push back protestors from the streets

0:23:510:23:52

grenades to push back protestors from the streets of

0:23:520:23:52

grenades to push back protestors from the streets of Athens.

0:23:520:23:53

grenades to push back protestors from the streets of Athens. There

0:23:530:23:53

from the streets of Athens. There is

0:23:530:23:53

from the streets of Athens. There is fury

0:23:530:23:53

from the streets of Athens. There is fury at

0:23:530:23:53

from the streets of Athens. There is fury at the

0:23:530:23:54

from the streets of Athens. There is fury at the stabbing

0:23:540:23:54

from the streets of Athens. There is fury at the stabbing last

0:23:540:23:54

from the streets of Athens. There is fury at the stabbing last night

0:23:540:23:55

is fury at the stabbing last night of

0:23:550:23:55

is fury at the stabbing last night of a

0:23:550:23:57

is fury at the stabbing last night of a man described as

0:23:570:23:58

is fury at the stabbing last night of a man described as an

0:23:580:23:58

is fury at the stabbing last night of a man described as an anti-

0:23:580:23:59

of a man described as an anti- fascist

0:23:590:23:59

of a man described as an anti- fascist musician,

0:23:590:23:59

of a man described as an anti- fascist musician, in

0:23:590:23:59

of a man described as an anti- fascist musician, in a

0:23:590:24:00

of a man described as an anti- fascist musician, in a suburb

0:24:000:24:00

of a man described as an anti- fascist musician, in a suburb west

0:24:000:24:00

fascist musician, in a suburb west of

0:24:000:24:00

fascist musician, in a suburb west of the

0:24:000:24:01

fascist musician, in a suburb west of the capital.

0:24:010:24:03

fascist musician, in a suburb west of the capital. The

0:24:030:24:04

fascist musician, in a suburb west of the capital. The hip

0:24:040:24:05

fascist musician, in a suburb west of the capital. The hip top

0:24:050:24:05

fascist musician, in a suburb west of the capital. The hip top artist,

0:24:050:24:06

of the capital. The hip top artist, Pavlos

0:24:060:24:06

of the capital. The hip top artist, Pavlos Fyssas

0:24:060:24:07

of the capital. The hip top artist, Pavlos Fyssas was

0:24:070:24:07

of the capital. The hip top artist, Pavlos Fyssas was killed

0:24:070:24:07

of the capital. The hip top artist, Pavlos Fyssas was killed in

0:24:070:24:09

of the capital. The hip top artist, Pavlos Fyssas was killed in what

0:24:090:24:09

Pavlos Fyssas was killed in what Greek

0:24:090:24:09

Pavlos Fyssas was killed in what Greek media

0:24:090:24:09

Pavlos Fyssas was killed in what Greek media say

0:24:090:24:10

Pavlos Fyssas was killed in what Greek media say was

0:24:100:24:10

Pavlos Fyssas was killed in what Greek media say was a

0:24:100:24:10

Pavlos Fyssas was killed in what Greek media say was a large

0:24:100:24:10

Pavlos Fyssas was killed in what Greek media say was a large group

0:24:100:24:11

Greek media say was a large group as

0:24:110:24:11

Greek media say was a large group as he

0:24:110:24:11

Greek media say was a large group as he left

0:24:110:24:12

Greek media say was a large group as he left a

0:24:120:24:12

Greek media say was a large group as he left a cafe.

0:24:120:24:13

Greek media say was a large group as he left a cafe. A

0:24:130:24:13

Greek media say was a large group as he left a cafe. A 45-year-old

0:24:130:24:13

as he left a cafe. A 45-year-old man

0:24:130:24:14

as he left a cafe. A 45-year-old man who

0:24:140:24:14

as he left a cafe. A 45-year-old man who identified

0:24:140:24:14

as he left a cafe. A 45-year-old man who identified himself

0:24:140:24:14

as he left a cafe. A 45-year-old man who identified himself as

0:24:140:24:15

as he left a cafe. A 45-year-old man who identified himself as a

0:24:150:24:15

as he left a cafe. A 45-year-old member of

0:24:150:24:15

as he left a cafe. A 45-year-old member of the

0:24:150:24:16

as he left a cafe. A 45-year-old member of the far

0:24:160:24:16

as he left a cafe. A 45-year-old member of the far right

0:24:160:24:17

as he left a cafe. A 45-year-old member of the far right Golden

0:24:170:24:17

as he left a cafe. A 45-year-old member of the far right Golden Dawn

0:24:170:24:17

member of the far right Golden Dawn Party

0:24:170:24:18

member of the far right Golden Dawn Party was

0:24:180:24:18

member of the far right Golden Dawn Party was arrested

0:24:180:24:18

member of the far right Golden Dawn Party was arrested and

0:24:180:24:19

member of the far right Golden Dawn Party was arrested and has

0:24:190:24:19

member of the far right Golden Dawn Party was arrested and has confess

0:24:190:24:19

Party was arrested and has confess today

0:24:190:24:20

Party was arrested and has confess today the

0:24:200:24:20

Party was arrested and has confess today the attack.

0:24:200:24:21

Party was arrested and has confess today the attack. The

0:24:210:24:21

Party was arrested and has confess today the attack. The party's

0:24:210:24:22

Party was arrested and has confess today the attack. The party's lead

0:24:220:24:22

today the attack. The party's lead --

0:24:220:24:22

today the attack. The party's lead -- confessed

0:24:220:24:22

today the attack. The party's lead -- confessed to

0:24:220:24:23

today the attack. The party's lead -- confessed to the

0:24:230:24:23

today the attack. The party's lead -- confessed to the attack.

0:24:230:24:23

today the attack. The party's lead -- confessed to the attack. The

0:24:230:24:24

-- confessed to the attack. The party's

0:24:240:24:24

-- confessed to the attack. The party's leader

0:24:240:24:25

-- confessed to the attack. The party's leader has

0:24:250:24:25

-- confessed to the attack. The party's leader has denied

0:24:250:24:25

-- confessed to the attack. The party's leader has denied any link

0:24:250:24:26

party's leader has denied any link with

0:24:260:24:26

party's leader has denied any link with the

0:24:260:24:26

party's leader has denied any link with the murder.

0:24:260:24:27

party's leader has denied any link with the murder. Golden

0:24:270:24:27

party's leader has denied any link with the murder. Golden Dawn

0:24:270:24:28

party's leader has denied any link with the murder. Golden Dawn is

0:24:280:24:28

with the murder. Golden Dawn is regularly

0:24:280:24:28

with the murder. Golden Dawn is regularly accused

0:24:280:24:29

with the murder. Golden Dawn is regularly accused of

0:24:290:24:29

with the murder. Golden Dawn is regularly accused of vigilante

0:24:290:24:30

regularly accused of vigilante attacks

0:24:300:24:30

regularly accused of vigilante attacks on

0:24:300:24:30

regularly accused of vigilante attacks on immigrants

0:24:300:24:31

regularly accused of vigilante attacks on immigrants and

0:24:310:24:32

regularly accused of vigilante attacks on immigrants and political

0:24:320:24:32

attacks on immigrants and political opponents.

0:24:320:24:32

attacks on immigrants and political opponents. The

0:24:320:24:33

attacks on immigrants and political opponents. The party's

0:24:330:24:34

attacks on immigrants and political opponents. The party's popularity

0:24:340:24:34

opponents. The party's popularity has

0:24:340:24:34

opponents. The party's popularity has grown

0:24:340:24:34

opponents. The party's popularity has grown since

0:24:340:24:34

opponents. The party's popularity has grown since the

0:24:340:24:35

opponents. The party's popularity has grown since the financial

0:24:350:24:35

has grown since the financial crisis,

0:24:350:24:35

has grown since the financial crisis, it

0:24:350:24:36

has grown since the financial crisis, it now

0:24:360:24:36

has grown since the financial crisis, it now controls

0:24:360:24:36

has grown since the financial crisis, it now controls 18

0:24:360:24:37

has grown since the financial crisis, it now controls 18 seats

0:24:370:24:38

has grown since the financial crisis, it now controls 18 seats in

0:24:380:24:38

crisis, it now controls 18 seats in parliament.

0:24:380:24:38

crisis, it now controls 18 seats in parliament. Speaking

0:24:380:24:38

crisis, it now controls 18 seats in parliament. Speaking to

0:24:380:24:38

crisis, it now controls 18 seats in parliament. Speaking to Newsnight

0:24:380:24:39

parliament. Speaking to Newsnight last

0:24:390:24:39

parliament. Speaking to Newsnight last year,

0:24:390:24:40

parliament. Speaking to Newsnight last year, one

0:24:400:24:40

parliament. Speaking to Newsnight last year, one of

0:24:400:24:40

parliament. Speaking to Newsnight last year, one of its

0:24:400:24:40

parliament. Speaking to Newsnight last year, one of its elected

0:24:400:24:41

parliament. Speaking to Newsnight last year, one of its elected MPs

0:24:410:24:41

last year, one of its elected MPs said

0:24:410:24:41

last year, one of its elected MPs said there

0:24:410:24:42

last year, one of its elected MPs said there would

0:24:420:24:42

last year, one of its elected MPs said there would be

0:24:420:24:42

last year, one of its elected MPs said there would be a

0:24:420:24:43

last year, one of its elected MPs said there would be a revolution

0:24:430:24:43

last year, one of its elected MPs said there would be a revolution in

0:24:430:24:43

said there would be a revolution in Greece

0:24:430:24:43

said there would be a revolution in Greece before

0:24:430:24:44

said there would be a revolution in Greece before the

0:24:440:24:44

said there would be a revolution in Greece before the end

0:24:440:24:44

said there would be a revolution in Greece before the end of

0:24:440:24:44

said there would be a revolution in Greece before the end of the

0:24:440:24:44

said there would be a revolution in Greece before the end of the decade.

0:24:440:24:46

Greece before the end of the decade. Greek

0:24:460:24:48

Greece before the end of the decade. Greek society

0:24:480:24:48

Greece before the end of the decade. Greek society is

0:24:480:24:48

Greece before the end of the decade. Greek society is ready

0:24:480:24:48

Greece before the end of the decade. Greek society is ready to

0:24:480:24:48

Greece before the end of the decade. Greek society is ready to have

0:24:480:24:49

Greece before the end of the decade. Greek society is ready to have a

0:24:490:24:50

Greek society is ready to have a fight.

0:24:500:24:50

Greek society is ready to have a fight. A

0:24:500:24:51

Greek society is ready to have a fight. A new

0:24:510:24:51

Greek society is ready to have a fight. A new type

0:24:510:24:51

Greek society is ready to have a fight. A new type of

0:24:510:24:53

Greek society is ready to have a fight. A new type of civil

0:24:530:24:55

Greek society is ready to have a fight. A new type of civil war.

0:24:550:24:55

Greek society is ready to have a fight. A new type of civil war. On

0:24:550:24:55

fight. A new type of civil war. On the

0:24:550:24:56

fight. A new type of civil war. On the one

0:24:560:24:56

fight. A new type of civil war. On the one side

0:24:560:24:56

fight. A new type of civil war. On the one side this

0:24:560:24:56

fight. A new type of civil war. On the one side this will

0:24:560:24:57

fight. A new type of civil war. On the one side this will be

0:24:570:24:57

the one side this will be nationalists

0:24:570:24:57

the one side this will be nationalists like

0:24:570:24:57

the one side this will be nationalists like us,

0:24:570:24:58

the one side this will be nationalists like us, and

0:24:580:24:58

the one side this will be nationalists like us, and Greeks

0:24:580:24:59

nationalists like us, and Greeks who

0:24:590:25:00

nationalists like us, and Greeks who want

0:25:000:25:00

nationalists like us, and Greeks who want our

0:25:000:25:00

nationalists like us, and Greeks who want our country

0:25:000:25:01

nationalists like us, and Greeks who want our country to

0:25:010:25:01

nationalists like us, and Greeks who want our country to be

0:25:010:25:01

nationalists like us, and Greeks who want our country to be as

0:25:010:25:01

nationalists like us, and Greeks who want our country to be as it

0:25:010:25:02

who want our country to be as it used

0:25:020:25:02

who want our country to be as it used to

0:25:020:25:02

who want our country to be as it used to be,

0:25:020:25:02

who want our country to be as it used to be, and

0:25:020:25:02

who want our country to be as it used to be, and on

0:25:020:25:02

who want our country to be as it used to be, and on the

0:25:020:25:03

who want our country to be as it used to be, and on the other

0:25:030:25:03

who want our country to be as it used to be, and on the other side

0:25:030:25:03

used to be, and on the other side there

0:25:030:25:04

used to be, and on the other side there will

0:25:040:25:04

used to be, and on the other side there will be

0:25:040:25:05

used to be, and on the other side there will be illegal

0:25:050:25:05

used to be, and on the other side there will be illegal immigrants

0:25:050:25:07

there will be illegal immigrants and

0:25:070:25:07

there will be illegal immigrants and anarchists

0:25:070:25:07

there will be illegal immigrants and anarchists and

0:25:070:25:08

there will be illegal immigrants and anarchists and all

0:25:080:25:08

there will be illegal immigrants and anarchists and all those

0:25:080:25:08

there will be illegal immigrants and anarchists and all those who

0:25:080:25:09

and anarchists and all those who have

0:25:090:25:09

and anarchists and all those who have destroyed

0:25:090:25:09

and anarchists and all those who have destroyed Athens

0:25:090:25:10

and anarchists and all those who have destroyed Athens several

0:25:100:25:10

and anarchists and all those who have destroyed Athens several times

0:25:100:25:10

have destroyed Athens several times and

0:25:100:25:10

have destroyed Athens several times and Greece.

0:25:100:25:11

have destroyed Athens several times and Greece. Both

0:25:110:25:11

have destroyed Athens several times and Greece. Both the

0:25:110:25:11

have destroyed Athens several times and Greece. Both the Government

0:25:110:25:12

have destroyed Athens several times and Greece. Both the Government and

0:25:120:25:12

and Greece. Both the Government and the

0:25:120:25:13

and Greece. Both the Government and the opposition

0:25:130:25:13

and Greece. Both the Government and the opposition have

0:25:130:25:14

and Greece. Both the Government and the opposition have condemned

0:25:140:25:14

and Greece. Both the Government and the opposition have condemned the

0:25:140:25:14

the opposition have condemned the murder.

0:25:140:25:15

the opposition have condemned the murder. The

0:25:150:25:15

the opposition have condemned the murder. The public

0:25:150:25:16

the opposition have condemned the murder. The public order

0:25:160:25:17

the opposition have condemned the murder. The public order minister

0:25:170:25:17

murder. The public order minister has

0:25:170:25:17

murder. The public order minister has cancelled

0:25:170:25:18

murder. The public order minister has cancelled a

0:25:180:25:18

murder. The public order minister has cancelled a trip

0:25:180:25:19

murder. The public order minister has cancelled a trip to

0:25:190:25:19

murder. The public order minister has cancelled a trip to Rome,

0:25:190:25:19

murder. The public order minister has cancelled a trip to Rome, amid

0:25:190:25:20

has cancelled a trip to Rome, amid calls

0:25:200:25:20

has cancelled a trip to Rome, amid calls from

0:25:200:25:21

has cancelled a trip to Rome, amid calls from senior

0:25:210:25:21

has cancelled a trip to Rome, amid calls from senior politicians

0:25:210:25:22

has cancelled a trip to Rome, amid calls from senior politicians for

0:25:220:25:22

calls from senior politicians for Golden

0:25:220:25:22

calls from senior politicians for Golden Dawn

0:25:220:25:22

calls from senior politicians for Golden Dawn to

0:25:220:25:23

calls from senior politicians for Golden Dawn to be

0:25:230:25:23

calls from senior politicians for Golden Dawn to be banned.

0:25:230:25:24

calls from senior politicians for Golden Dawn to be banned. This

0:25:240:25:24

Golden Dawn to be banned. This high-profile

0:25:240:25:25

Golden Dawn to be banned. This high-profile murder

0:25:250:25:25

Golden Dawn to be banned. This high-profile murder of

0:25:250:25:25

Golden Dawn to be banned. This high-profile murder of a

0:25:250:25:26

Golden Dawn to be banned. This high-profile murder of a left-wing

0:25:260:25:26

high-profile murder of a left-wing activist

0:25:260:25:27

high-profile murder of a left-wing activist will

0:25:270:25:28

high-profile murder of a left-wing activist will undoubted

0:25:280:25:28

high-profile murder of a left-wing activist will undoubted low

0:25:280:25:28

activist will undoubted low increase

0:25:280:25:28

activist will undoubted low increase the

0:25:280:25:29

activist will undoubted low increase the pressure

0:25:290:25:29

activist will undoubted low increase the pressure to

0:25:290:25:29

activist will undoubted low increase the pressure to clamp

0:25:290:25:29

activist will undoubted low increase the pressure to clamp down

0:25:290:25:31

increase the pressure to clamp down --

0:25:310:25:31

increase the pressure to clamp down -- undoubtedly

0:25:310:25:32

increase the pressure to clamp down -- undoubtedly increase

0:25:320:25:33

increase the pressure to clamp down -- undoubtedly increase the

0:25:330:25:33

-- undoubtedly increase the pressure

0:25:330:25:33

-- undoubtedly increase the pressure to

0:25:330:25:33

-- undoubtedly increase the pressure to clamp

0:25:330:25:34

-- undoubtedly increase the pressure to clamp down

0:25:340:25:34

-- undoubtedly increase the pressure to clamp down hard on

0:25:340:25:35

-- undoubtedly increase the pressure to clamp down hard on the

0:25:350:25:35

pressure to clamp down hard on the party.

0:25:350:25:35

pressure to clamp down hard on the party. My

0:25:350:25:35

pressure to clamp down hard on the party. My guest

0:25:350:25:36

pressure to clamp down hard on the party. My guest is

0:25:360:25:36

pressure to clamp down hard on the party. My guest is with

0:25:360:25:36

pressure to clamp down hard on the party. My guest is with me

0:25:360:25:37

pressure to clamp down hard on the party. My guest is with me a

0:25:370:25:37

pressure to clamp down hard on the party. My guest is with me a Greek

0:25:370:25:37

party. My guest is with me a Greek journalist

0:25:370:25:38

party. My guest is with me a Greek journalist following

0:25:380:25:38

party. My guest is with me a Greek journalist following Golden

0:25:380:25:38

party. My guest is with me a Greek journalist following Golden Dawn

0:25:380:25:38

journalist following Golden Dawn for

0:25:380:25:38

journalist following Golden Dawn for a

0:25:380:25:39

journalist following Golden Dawn for a number

0:25:390:25:39

journalist following Golden Dawn for a number of

0:25:390:25:39

journalist following Golden Dawn for a number of years.

0:25:390:25:39

journalist following Golden Dawn for a number of years. The

0:25:390:25:40

for a number of years. The Government

0:25:400:25:40

for a number of years. The Government hinted tonight

0:25:400:25:41

for a number of years. The Government hinted tonight it

0:25:410:25:41

for a number of years. The Government hinted tonight it will

0:25:410:25:41

Government hinted tonight it will seek

0:25:410:25:41

Government hinted tonight it will seek to

0:25:410:25:41

Government hinted tonight it will seek to ban

0:25:410:25:42

Government hinted tonight it will seek to ban The

0:25:420:25:43

Government hinted tonight it will seek to ban The Golden

0:25:430:25:43

Government hinted tonight it will seek to ban The Golden Calf

0:25:430:25:44

Government hinted tonight it will seek to ban The Golden Calf Party,

0:25:440:25:44

seek to ban The Golden Calf Party, can

0:25:440:25:44

seek to ban The Golden Calf Party, can --

0:25:440:25:45

seek to ban The Golden Calf Party, can -- the

0:25:450:25:47

seek to ban The Golden Calf Party, can -- the Golden

0:25:470:25:49

seek to ban The Golden Calf Party, can -- the Golden Dawn

0:25:490:25:49

seek to ban The Golden Calf Party, can -- the Golden Dawn Party,

0:25:490:25:50

seek to ban The Golden Calf Party, can -- the Golden Dawn Party, can

0:25:500:25:50

can -- the Golden Dawn Party, can they?

0:25:500:25:50

can -- the Golden Dawn Party, can they? They

0:25:500:25:51

can -- the Golden Dawn Party, can they? They are

0:25:510:25:51

can -- the Golden Dawn Party, can they? They are looking

0:25:510:25:52

can -- the Golden Dawn Party, can they? They are looking into

0:25:520:25:53

can -- the Golden Dawn Party, can they? They are looking into a

0:25:530:25:53

can -- the Golden Dawn Party, can they? They are looking into a law

0:25:530:25:54

they? They are looking into a law constitutionally

0:25:540:25:54

they? They are looking into a law constitutionally to

0:25:540:25:54

they? They are looking into a law constitutionally to look

0:25:540:25:55

they? They are looking into a law constitutionally to look at

0:25:550:25:55

they? They are looking into a law constitutionally to look at that.

0:25:550:25:55

they? They are looking into a law constitutionally to look at that. I

0:25:550:25:55

constitutionally to look at that. I don't

0:25:550:25:55

constitutionally to look at that. I don't think

0:25:550:25:56

constitutionally to look at that. I don't think they

0:25:560:25:56

constitutionally to look at that. I don't think they will

0:25:560:25:57

constitutionally to look at that. I don't think they will ban

0:25:570:25:58

constitutionally to look at that. I don't think they will ban them,

0:25:580:25:58

don't think they will ban them, Golden

0:25:580:25:58

don't think they will ban them, Golden Dawn

0:25:580:25:58

don't think they will ban them, Golden Dawn has

0:25:580:25:59

don't think they will ban them, Golden Dawn has 18

0:25:590:26:00

don't think they will ban them, Golden Dawn has 18 seats

0:26:000:26:00

don't think they will ban them, Golden Dawn has 18 seats in

0:26:000:26:00

Golden Dawn has 18 seats in parliament.

0:26:000:26:01

Golden Dawn has 18 seats in parliament. The

0:26:010:26:01

Golden Dawn has 18 seats in parliament. The ruling

0:26:010:26:01

Golden Dawn has 18 seats in parliament. The ruling coalition

0:26:010:26:02

parliament. The ruling coalition has

0:26:020:26:02

parliament. The ruling coalition has a

0:26:020:26:02

parliament. The ruling coalition has a tiny

0:26:020:26:02

parliament. The ruling coalition has a tiny majority

0:26:020:26:03

parliament. The ruling coalition has a tiny majority and

0:26:030:26:03

parliament. The ruling coalition has a tiny majority and has

0:26:030:26:04

parliament. The ruling coalition has a tiny majority and has to

0:26:040:26:04

parliament. The ruling coalition has a tiny majority and has to push

0:26:040:26:04

has a tiny majority and has to push through

0:26:040:26:05

has a tiny majority and has to push through the

0:26:050:26:05

has a tiny majority and has to push through the Troika

0:26:050:26:06

has a tiny majority and has to push through the Troika plans

0:26:060:26:06

has a tiny majority and has to push through the Troika plans to

0:26:060:26:06

has a tiny majority and has to push through the Troika plans to get

0:26:060:26:06

has a tiny majority and has to push through the Troika plans to get the

0:26:060:26:07

through the Troika plans to get the next

0:26:070:26:07

through the Troika plans to get the next tranche

0:26:070:26:08

through the Troika plans to get the next tranche of

0:26:080:26:08

through the Troika plans to get the next tranche of aid.

0:26:080:26:09

through the Troika plans to get the next tranche of aid. All

0:26:090:26:09

through the Troika plans to get the next tranche of aid. All of

0:26:090:26:09

through the Troika plans to get the next tranche of aid. All of that

0:26:090:26:09

through the Troika plans to get the next tranche of aid. All of that is

0:26:090:26:10

next tranche of aid. All of that is put

0:26:100:26:10

next tranche of aid. All of that is put at

0:26:100:26:10

next tranche of aid. All of that is put at risk

0:26:100:26:11

next tranche of aid. All of that is put at risk with

0:26:110:26:11

next tranche of aid. All of that is put at risk with a

0:26:110:26:12

next tranche of aid. All of that is put at risk with a by-election.

0:26:120:26:12

put at risk with a by-election. Golden

0:26:120:26:12

put at risk with a by-election. Golden Dawn

0:26:120:26:12

put at risk with a by-election. Golden Dawn is

0:26:120:26:12

put at risk with a by-election. Golden Dawn is beginning

0:26:120:26:13

put at risk with a by-election. Golden Dawn is beginning to

0:26:130:26:13

put at risk with a by-election. Golden Dawn is beginning to pull

0:26:130:26:13

Golden Dawn is beginning to pull apart.

0:26:130:26:14

Golden Dawn is beginning to pull apart. There

0:26:140:26:14

Golden Dawn is beginning to pull apart. There is

0:26:140:26:14

Golden Dawn is beginning to pull apart. There is a

0:26:140:26:14

Golden Dawn is beginning to pull apart. There is a branch

0:26:140:26:14

Golden Dawn is beginning to pull apart. There is a branch of

0:26:140:26:15

Golden Dawn is beginning to pull apart. There is a branch of the

0:26:150:26:15

apart. There is a branch of the movement

0:26:150:26:15

apart. There is a branch of the movement or

0:26:150:26:15

apart. There is a branch of the movement or party

0:26:150:26:16

apart. There is a branch of the movement or party that

0:26:160:26:16

apart. There is a branch of the movement or party that wants

0:26:160:26:16

apart. There is a branch of the movement or party that wants to

0:26:160:26:17

movement or party that wants to become

0:26:170:26:18

movement or party that wants to become more

0:26:180:26:18

movement or party that wants to become more mainstream,

0:26:180:26:19

movement or party that wants to become more mainstream, more

0:26:190:26:19

become more mainstream, more "respectable".

0:26:190:26:19

become more mainstream, more "respectable". We

0:26:190:26:20

become more mainstream, more "respectable". We will

0:26:200:26:20

become more mainstream, more "respectable". We will see

0:26:200:26:20

become more mainstream, more "respectable". We will see a

0:26:200:26:20

become more mainstream, more "respectable". We will see a kind

0:26:200:26:21

"respectable". We will see a kind of

0:26:210:26:21

"respectable". We will see a kind of spliting

0:26:210:26:22

"respectable". We will see a kind of spliting of

0:26:220:26:22

"respectable". We will see a kind of spliting of that

0:26:220:26:23

"respectable". We will see a kind of spliting of that party.

0:26:230:26:23

"respectable". We will see a kind of spliting of that party. And

0:26:230:26:23

of spliting of that party. And there

0:26:230:26:23

of spliting of that party. And there have

0:26:230:26:25

of spliting of that party. And there have been

0:26:250:26:26

of spliting of that party. And there have been balloons

0:26:260:26:26

of spliting of that party. And there have been balloons floated

0:26:260:26:27

of spliting of that party. And there have been balloons floated in

0:26:270:26:27

there have been balloons floated in the

0:26:270:26:28

there have been balloons floated in the Greek

0:26:280:26:28

there have been balloons floated in the Greek media

0:26:280:26:29

there have been balloons floated in the Greek media this

0:26:290:26:29

there have been balloons floated in the Greek media this week

0:26:290:26:30

there have been balloons floated in the Greek media this week about

0:26:300:26:30

the Greek media this week about what

0:26:300:26:30

the Greek media this week about what if

0:26:300:26:31

the Greek media this week about what if a

0:26:310:26:31

the Greek media this week about what if a new

0:26:310:26:31

the Greek media this week about what if a new democracy

0:26:310:26:31

the Greek media this week about what if a new democracy were

0:26:310:26:32

the Greek media this week about what if a new democracy were able

0:26:320:26:32

what if a new democracy were able to

0:26:320:26:32

what if a new democracy were able to form

0:26:320:26:33

what if a new democracy were able to form a

0:26:330:26:33

what if a new democracy were able to form a coalition

0:26:330:26:33

what if a new democracy were able to form a coalition with

0:26:330:26:34

what if a new democracy were able to form a coalition with a

0:26:340:26:34

what if a new democracy were able to form a coalition with a more

0:26:340:26:34

to form a coalition with a more serious

0:26:340:26:34

to form a coalition with a more serious Golden

0:26:340:26:35

to form a coalition with a more serious Golden Dawn.

0:26:350:26:35

to form a coalition with a more serious Golden Dawn. What

0:26:350:26:35

to form a coalition with a more serious Golden Dawn. What happens

0:26:350:26:35

serious Golden Dawn. What happens if

0:26:350:26:35

serious Golden Dawn. What happens if the

0:26:350:26:36

serious Golden Dawn. What happens if the split

0:26:360:26:36

serious Golden Dawn. What happens if the split comes

0:26:360:26:36

serious Golden Dawn. What happens if the split comes about.

0:26:360:26:36

serious Golden Dawn. What happens if the split comes about. Can

0:26:360:26:37

serious Golden Dawn. What happens if the split comes about. Can the

0:26:370:26:37

if the split comes about. Can the one

0:26:370:26:37

if the split comes about. Can the one side

0:26:370:26:37

if the split comes about. Can the one side control

0:26:370:26:38

if the split comes about. Can the one side control the

0:26:380:26:38

if the split comes about. Can the one side control the other?

0:26:380:26:38

if the split comes about. Can the one side control the other? I

0:26:380:26:39

if the split comes about. Can the one side control the other? I have

0:26:390:26:39

one side control the other? I have no

0:26:390:26:40

one side control the other? I have no idea.

0:26:400:26:40

one side control the other? I have no idea. They

0:26:400:26:40

one side control the other? I have no idea. They are

0:26:400:26:40

one side control the other? I have no idea. They are really

0:26:400:26:41

one side control the other? I have no idea. They are really very

0:26:410:26:41

no idea. They are really very dangerous

0:26:410:26:41

no idea. They are really very dangerous people,

0:26:410:26:42

no idea. They are really very dangerous people, very

0:26:420:26:43

no idea. They are really very dangerous people, very extreme,

0:26:430:26:43

dangerous people, very extreme, they

0:26:430:26:44

dangerous people, very extreme, they are

0:26:440:26:45

dangerous people, very extreme, they are real

0:26:450:26:45

dangerous people, very extreme, they are real neo-Nazis,

0:26:450:26:46

dangerous people, very extreme, they are real neo-Nazis, almost

0:26:460:26:46

they are real neo-Nazis, almost anything

0:26:460:26:46

they are real neo-Nazis, almost anything could

0:26:460:26:46

they are real neo-Nazis, almost anything could happen

0:26:460:26:47

they are real neo-Nazis, almost anything could happen with

0:26:470:26:47

they are real neo-Nazis, almost anything could happen with them.

0:26:470:26:48

they are real neo-Nazis, almost anything could happen with them. Do

0:26:480:26:48

anything could happen with them. Do you

0:26:480:26:48

anything could happen with them. Do you think

0:26:480:26:49

anything could happen with them. Do you think this

0:26:490:26:50

anything could happen with them. Do you think this will

0:26:500:26:50

anything could happen with them. Do you think this will weaken

0:26:500:26:50

anything could happen with them. Do you think this will weaken their

0:26:500:26:51

you think this will weaken their political

0:26:510:26:51

you think this will weaken their political power?

0:26:510:26:51

you think this will weaken their political power? I

0:26:510:26:52

you think this will weaken their political power? I think

0:26:520:26:52

you think this will weaken their political power? I think it

0:26:520:26:52

you think this will weaken their political power? I think it is

0:26:520:26:52

you think this will weaken their political power? I think it is a

0:26:520:26:53

political power? I think it is a real

0:26:530:26:53

political power? I think it is a real wake-up

0:26:530:26:53

political power? I think it is a real wake-up call,

0:26:530:26:54

political power? I think it is a real wake-up call, both

0:26:540:26:54

political power? I think it is a real wake-up call, both for

0:26:540:26:54

political power? I think it is a real wake-up call, both for Greece

0:26:540:26:55

real wake-up call, both for Greece and

0:26:550:26:55

real wake-up call, both for Greece and Europe.

0:26:550:26:55

real wake-up call, both for Greece and Europe. Because

0:26:550:26:55

real wake-up call, both for Greece and Europe. Because this

0:26:550:26:56

real wake-up call, both for Greece and Europe. Because this is

0:26:560:26:56

real wake-up call, both for Greece and Europe. Because this is the

0:26:560:26:56

and Europe. Because this is the first

0:26:560:26:56

and Europe. Because this is the first time

0:26:560:26:57

and Europe. Because this is the first time they

0:26:570:26:58

and Europe. Because this is the first time they have

0:26:580:26:58

and Europe. Because this is the first time they have killed

0:26:580:26:58

and Europe. Because this is the first time they have killed a

0:26:580:26:59

and Europe. Because this is the first time they have killed a white

0:26:590:26:59

first time they have killed a white Greek

0:26:590:27:00

first time they have killed a white Greek citizen,

0:27:000:27:00

first time they have killed a white Greek citizen, it

0:27:000:27:01

first time they have killed a white Greek citizen, it was

0:27:010:27:01

first time they have killed a white Greek citizen, it was a

0:27:010:27:01

first time they have killed a white Greek citizen, it was a political

0:27:010:27:02

Greek citizen, it was a political assassination.

0:27:020:27:02

Greek citizen, it was a political assassination. In

0:27:020:27:03

Greek citizen, it was a political assassination. In the

0:27:030:27:03

Greek citizen, it was a political assassination. In the past

0:27:030:27:03

Greek citizen, it was a political assassination. In the past they

0:27:030:27:03

assassination. In the past they have

0:27:030:27:04

assassination. In the past they have killed

0:27:040:27:04

assassination. In the past they have killed immigrants

0:27:040:27:05

assassination. In the past they have killed immigrants and

0:27:050:27:06

assassination. In the past they have killed immigrants and been

0:27:060:27:06

have killed immigrants and been violent

0:27:060:27:06

have killed immigrants and been violent in

0:27:060:27:07

have killed immigrants and been violent in many

0:27:070:27:07

have killed immigrants and been violent in many context,

0:27:070:27:07

have killed immigrants and been violent in many context, but

0:27:070:27:08

have killed immigrants and been violent in many context, but this

0:27:080:27:08

violent in many context, but this was

0:27:080:27:08

violent in many context, but this was something

0:27:080:27:09

violent in many context, but this was something that

0:27:090:27:10

violent in many context, but this was something that has

0:27:100:27:10

violent in many context, but this was something that has got

0:27:100:27:11

violent in many context, but this was something that has got people

0:27:110:27:11

was something that has got people inside

0:27:110:27:11

was something that has got people inside and

0:27:110:27:12

was something that has got people inside and outside

0:27:120:27:13

was something that has got people inside and outside Greece

0:27:130:27:13

was something that has got people inside and outside Greece talking.

0:27:130:27:13

inside and outside Greece talking. The

0:27:130:27:13

inside and outside Greece talking. The European

0:27:130:27:14

inside and outside Greece talking. The European Parliament

0:27:140:27:14

inside and outside Greece talking. The European Parliament said

0:27:140:27:14

inside and outside Greece talking. The European Parliament said this

0:27:140:27:15

The European Parliament said this calls

0:27:150:27:15

The European Parliament said this calls into

0:27:150:27:15

The European Parliament said this calls into question

0:27:150:27:16

The European Parliament said this calls into question Greece's

0:27:160:27:16

calls into question Greece's presidency

0:27:160:27:16

calls into question Greece's presidency of

0:27:160:27:16

calls into question Greece's presidency of the

0:27:160:27:16

calls into question Greece's presidency of the EU

0:27:160:27:17

calls into question Greece's presidency of the EU next

0:27:170:27:17

calls into question Greece's presidency of the EU next year,

0:27:170:27:18

presidency of the EU next year, unless

0:27:180:27:18

presidency of the EU next year, unless something

0:27:180:27:18

presidency of the EU next year, unless something is

0:27:180:27:18

presidency of the EU next year, unless something is done

0:27:180:27:18

presidency of the EU next year, unless something is done by

0:27:180:27:19

presidency of the EU next year, unless something is done by Golden

0:27:190:27:19

unless something is done by Golden Dawn.

0:27:190:27:20

unless something is done by Golden Dawn. A

0:27:200:27:20

unless something is done by Golden Dawn. A large

0:27:200:27:20

unless something is done by Golden Dawn. A large part

0:27:200:27:20

unless something is done by Golden Dawn. A large part of

0:27:200:27:21

unless something is done by Golden Dawn. A large part of their

0:27:210:27:21

Dawn. A large part of their electoral

0:27:210:27:21

Dawn. A large part of their electoral support

0:27:210:27:21

Dawn. A large part of their electoral support comes

0:27:210:27:22

Dawn. A large part of their electoral support comes from

0:27:220:27:22

Dawn. A large part of their electoral support comes from the

0:27:220:27:22

electoral support comes from the police

0:27:220:27:22

electoral support comes from the police themselves,

0:27:220:27:24

electoral support comes from the police themselves, doesn't

0:27:240:27:24

electoral support comes from the police themselves, doesn't it?

0:27:240:27:25

electoral support comes from the police themselves, doesn't it? Yes,

0:27:250:27:25

police themselves, doesn't it? Yes, they

0:27:250:27:25

police themselves, doesn't it? Yes, they have

0:27:250:27:25

police themselves, doesn't it? Yes, they have clearly

0:27:250:27:26

police themselves, doesn't it? Yes, they have clearly infiltrated

0:27:260:27:26

police themselves, doesn't it? Yes, they have clearly infiltrated the

0:27:260:27:26

they have clearly infiltrated the police.

0:27:260:27:27

they have clearly infiltrated the police. There

0:27:270:27:27

they have clearly infiltrated the police. There are

0:27:270:27:27

they have clearly infiltrated the police. There are questions

0:27:270:27:27

they have clearly infiltrated the police. There are questions also

0:27:270:27:28

police. There are questions also about

0:27:280:27:28

police. There are questions also about the

0:27:280:27:29

police. There are questions also about the judiciary.

0:27:290:27:29

police. There are questions also about the judiciary. The

0:27:290:27:29

police. There are questions also about the judiciary. The Government

0:27:290:27:30

about the judiciary. The Government has

0:27:300:27:30

about the judiciary. The Government has tolerated

0:27:300:27:30

about the judiciary. The Government has tolerated this.

0:27:300:27:31

about the judiciary. The Government has tolerated this. It

0:27:310:27:31

about the judiciary. The Government has tolerated this. It has

0:27:310:27:32

about the judiciary. The Government has tolerated this. It has had

0:27:320:27:32

about the judiciary. The Government has tolerated this. It has had a

0:27:320:27:32

has tolerated this. It has had a policy,

0:27:320:27:33

has tolerated this. It has had a policy, New

0:27:330:27:34

has tolerated this. It has had a policy, New Democracy

0:27:340:27:35

has tolerated this. It has had a policy, New Democracy in

0:27:350:27:35

has tolerated this. It has had a policy, New Democracy in particular

0:27:350:27:35

policy, New Democracy in particular of

0:27:350:27:36

policy, New Democracy in particular of trying

0:27:360:27:36

policy, New Democracy in particular of trying to

0:27:360:27:36

policy, New Democracy in particular of trying to win

0:27:360:27:37

policy, New Democracy in particular of trying to win back support

0:27:370:27:37

policy, New Democracy in particular of trying to win back support from

0:27:370:27:37

of trying to win back support from Golden

0:27:370:27:37

of trying to win back support from Golden Dawn

0:27:370:27:38

of trying to win back support from Golden Dawn by

0:27:380:27:38

of trying to win back support from Golden Dawn by adopting

0:27:380:27:38

of trying to win back support from Golden Dawn by adopting some

0:27:380:27:39

of trying to win back support from Golden Dawn by adopting some of

0:27:390:27:39

Golden Dawn by adopting some of their

0:27:390:27:39

Golden Dawn by adopting some of their rhetoric

0:27:390:27:40

Golden Dawn by adopting some of their rhetoric and

0:27:400:27:40

Golden Dawn by adopting some of their rhetoric and views,

0:27:400:27:41

Golden Dawn by adopting some of their rhetoric and views, while

0:27:410:27:41

Golden Dawn by adopting some of their rhetoric and views, while at

0:27:410:27:41

their rhetoric and views, while at the

0:27:410:27:42

their rhetoric and views, while at the same

0:27:420:27:42

their rhetoric and views, while at the same time

0:27:420:27:42

their rhetoric and views, while at the same time allowing

0:27:420:27:43

their rhetoric and views, while at the same time allowing them

0:27:430:27:43

their rhetoric and views, while at the same time allowing them to

0:27:430:27:44

the same time allowing them to operate

0:27:440:27:45

the same time allowing them to operate as

0:27:450:27:45

the same time allowing them to operate as a

0:27:450:27:45

the same time allowing them to operate as a vigilante

0:27:450:27:45

the same time allowing them to operate as a vigilante group

0:27:450:27:46

operate as a vigilante group against

0:27:460:27:46

operate as a vigilante group against immigrants,

0:27:460:27:48

operate as a vigilante group against immigrants, the

0:27:480:27:48

operate as a vigilante group against immigrants, the left

0:27:480:27:48

operate as a vigilante group against immigrants, the left and

0:27:480:27:48

against immigrants, the left and police.

0:27:480:27:50

against immigrants, the left and police. On

0:27:500:27:51

against immigrants, the left and police. On reflection,

0:27:510:27:51

against immigrants, the left and police. On reflection, it

0:27:510:27:51

against immigrants, the left and police. On reflection, it was

0:27:510:27:51

against immigrants, the left and police. On reflection, it was quite

0:27:510:27:51

police. On reflection, it was quite an

0:27:510:27:52

police. On reflection, it was quite an odd

0:27:520:27:52

police. On reflection, it was quite an odd thing

0:27:520:27:52

police. On reflection, it was quite an odd thing for

0:27:520:27:52

police. On reflection, it was quite an odd thing for a

0:27:520:27:53

police. On reflection, it was quite an odd thing for a party

0:27:530:27:53

police. On reflection, it was quite an odd thing for a party leader

0:27:530:27:53

police. On reflection, it was quite an odd thing for a party leader to

0:27:530:27:53

an odd thing for a party leader to say

0:27:530:27:54

an odd thing for a party leader to say not

0:27:540:27:54

an odd thing for a party leader to say not "vote

0:27:540:27:55

an odd thing for a party leader to say not "vote for

0:27:550:27:55

an odd thing for a party leader to say not "vote for us"

0:27:550:27:56

an odd thing for a party leader to say not "vote for us" but

0:27:560:27:56

an odd thing for a party leader to say not "vote for us" but vote

0:27:560:27:57

an odd thing for a party leader to say not "vote for us" but vote for

0:27:570:27:57

say not "vote for us" but vote for a

0:27:570:27:58

say not "vote for us" but vote for a hung

0:27:580:27:59

say not "vote for us" but vote for a hung parliament,

0:27:590:27:59

say not "vote for us" but vote for a hung parliament, Nick

0:27:590:27:59

say not "vote for us" but vote for a hung parliament, Nick Clegg

0:27:590:27:59

a hung parliament, Nick Clegg closed

0:27:590:27:59

a hung parliament, Nick Clegg closed his

0:27:590:28:00

a hung parliament, Nick Clegg closed his party

0:28:000:28:00

a hung parliament, Nick Clegg closed his party conference

0:28:000:28:00

a hung parliament, Nick Clegg closed his party conference with

0:28:000:28:00

a hung parliament, Nick Clegg closed his party conference with a

0:28:000:28:01

closed his party conference with a rallying

0:28:010:28:01

closed his party conference with a rallying call

0:28:010:28:01

closed his party conference with a rallying call to

0:28:010:28:01

closed his party conference with a rallying call to be

0:28:010:28:02

closed his party conference with a rallying call to be allowed

0:28:020:28:02

closed his party conference with a rallying call to be allowed to

0:28:020:28:02

closed his party conference with a rallying call to be allowed to stay

0:28:020:28:02

rallying call to be allowed to stay in

0:28:020:28:02

rallying call to be allowed to stay in power,

0:28:020:28:03

rallying call to be allowed to stay in power, know

0:28:030:28:03

rallying call to be allowed to stay in power, know matter

0:28:030:28:04

rallying call to be allowed to stay in power, know matter who

0:28:040:28:04

rallying call to be allowed to stay in power, know matter who with.

0:28:040:28:04

rallying call to be allowed to stay in power, know matter who with. He

0:28:040:28:04

in power, know matter who with. He appealed

0:28:040:28:05

in power, know matter who with. He appealed to

0:28:050:28:05

in power, know matter who with. He appealed to the

0:28:050:28:05

in power, know matter who with. He appealed to the British

0:28:050:28:05

in power, know matter who with. He appealed to the British public

0:28:050:28:06

appealed to the British public to get

0:28:060:28:06

appealed to the British public to get used

0:28:060:28:06

appealed to the British public to get used to

0:28:060:28:07

appealed to the British public to get used to coalition

0:28:070:28:07

appealed to the British public to get used to coalition as

0:28:070:28:08

appealed to the British public to get used to coalition as a

0:28:080:28:08

get used to coalition as a tempering

0:28:080:28:09

get used to coalition as a tempering form

0:28:090:28:09

get used to coalition as a tempering form of

0:28:090:28:09

get used to coalition as a tempering form of Government,

0:28:090:28:11

get used to coalition as a tempering form of Government, he

0:28:110:28:11

tempering form of Government, he sold

0:28:110:28:11

tempering form of Government, he sold himself

0:28:110:28:11

tempering form of Government, he sold himself as

0:28:110:28:12

tempering form of Government, he sold himself as a

0:28:120:28:12

tempering form of Government, he sold himself as a ying

0:28:120:28:12

tempering form of Government, he sold himself as a ying to

0:28:120:28:12

tempering form of Government, he sold himself as a ying to their

0:28:120:28:13

sold himself as a ying to their yang,

0:28:130:28:13

sold himself as a ying to their yang, if

0:28:130:28:13

sold himself as a ying to their yang, if that

0:28:130:28:14

sold himself as a ying to their yang, if that is

0:28:140:28:14

sold himself as a ying to their yang, if that is not

0:28:140:28:14

sold himself as a ying to their yang, if that is not going

0:28:140:28:14

sold himself as a ying to their yang, if that is not going over

0:28:140:28:15

sold himself as a ying to their yang, if that is not going over the

0:28:150:28:15

yang, if that is not going over the top.

0:28:150:28:15

yang, if that is not going over the top. If

0:28:150:28:16

yang, if that is not going over the top. If it

0:28:160:28:16

yang, if that is not going over the top. If it is,

0:28:160:28:16

yang, if that is not going over the top. If it is, here

0:28:160:28:17

yang, if that is not going over the top. If it is, here is

0:28:170:28:17

yang, if that is not going over the top. If it is, here is our

0:28:170:28:18

top. If it is, here is our political

0:28:180:28:18

top. If it is, here is our political editor.

0:28:180:28:19

political editor. If

0:28:190:28:20

political editor. If Britain's

0:28:200:28:20

political editor. If Britain's voters

0:28:200:28:21

political editor. If Britain's voters consisted

0:28:210:28:21

political editor. If Britain's voters consisted of

0:28:210:28:21

If Britain's voters consisted of only

0:28:210:28:21

If Britain's voters consisted of only students

0:28:210:28:22

If Britain's voters consisted of only students like

0:28:220:28:23

If Britain's voters consisted of only students like these,

0:28:230:28:23

If Britain's voters consisted of only students like these, OK

0:28:230:28:23

If Britain's voters consisted of only students like these, OK it

0:28:230:28:23

If Britain's voters consisted of only students like these, OK it is

0:28:230:28:24

only students like these, OK it is a

0:28:240:28:24

only students like these, OK it is a mad

0:28:240:28:25

only students like these, OK it is a mad "if",

0:28:250:28:25

only students like these, OK it is a mad "if", but

0:28:250:28:26

only students like these, OK it is a mad "if", but if

0:28:260:28:26

only students like these, OK it is a mad "if", but if only

0:28:260:28:27

only students like these, OK it is a mad "if", but if only under

0:28:270:28:27

only students like these, OK it is a mad "if", but if only under 24-

0:28:270:28:27

a mad "if", but if only under 24- year-olds

0:28:270:28:27

a mad "if", but if only under 24- year-olds had

0:28:270:28:28

a mad "if", but if only under 24- year-olds had voted

0:28:280:28:28

a mad "if", but if only under 24- year-olds had voted in

0:28:280:28:29

a mad "if", but if only under 24- year-olds had voted in 2010

0:28:290:28:29

a mad "if", but if only under 24- year-olds had voted in 2010 their

0:28:290:28:29

year-olds had voted in 2010 their vote

0:28:290:28:29

year-olds had voted in 2010 their vote would

0:28:290:28:30

year-olds had voted in 2010 their vote would have

0:28:300:28:30

year-olds had voted in 2010 their vote would have made

0:28:300:28:30

year-olds had voted in 2010 their vote would have made a

0:28:300:28:30

year-olds had voted in 2010 their vote would have made a king

0:28:300:28:30

year-olds had voted in 2010 their vote would have made a king of

0:28:300:28:31

year-olds had voted in 2010 their vote would have made a king of Nick

0:28:310:28:31

vote would have made a king of Nick Clegg.

0:28:310:28:31

vote would have made a king of Nick Clegg. Students

0:28:310:28:32

vote would have made a king of Nick Clegg. Students would

0:28:320:28:33

vote would have made a king of Nick Clegg. Students would have

0:28:330:28:33

vote would have made a king of Nick Clegg. Students would have given

0:28:330:28:33

Clegg. Students would have given the

0:28:330:28:34

Clegg. Students would have given the Lib

0:28:340:28:34

Clegg. Students would have given the Lib Dems

0:28:340:28:35

Clegg. Students would have given the Lib Dems 250

0:28:350:28:35

Clegg. Students would have given the Lib Dems 250 seats

0:28:350:28:35

Clegg. Students would have given the Lib Dems 250 seats in

0:28:350:28:35

Clegg. Students would have given the Lib Dems 250 seats in that

0:28:350:28:36

the Lib Dems 250 seats in that general

0:28:360:28:36

the Lib Dems 250 seats in that general election.

0:28:360:28:37

the Lib Dems 250 seats in that general election. Making

0:28:370:28:37

the Lib Dems 250 seats in that general election. Making them

0:28:370:28:38

the Lib Dems 250 seats in that general election. Making them the

0:28:380:28:38

general election. Making them the largest

0:28:380:28:38

general election. Making them the largest party.

0:28:380:28:41

general election. Making them the largest party. In

0:28:410:28:41

general election. Making them the largest party. In opposition

0:28:410:28:42

general election. Making them the largest party. In opposition Lib

0:28:420:28:43

largest party. In opposition Lib Dems

0:28:430:28:43

largest party. In opposition Lib Dems promised

0:28:430:28:43

largest party. In opposition Lib Dems promised this

0:28:430:28:44

largest party. In opposition Lib Dems promised this block

0:28:440:28:44

largest party. In opposition Lib Dems promised this block vote

0:28:440:28:44

largest party. In opposition Lib Dems promised this block vote no

0:28:440:28:44

Dems promised this block vote no rise

0:28:440:28:45

Dems promised this block vote no rise in

0:28:450:28:45

Dems promised this block vote no rise in tuition

0:28:450:28:45

Dems promised this block vote no rise in tuition fees,

0:28:450:28:46

Dems promised this block vote no rise in tuition fees, then

0:28:460:28:46

Dems promised this block vote no rise in tuition fees, then they

0:28:460:28:47

rise in tuition fees, then they trippedled

0:28:470:28:47

rise in tuition fees, then they trippedled them.

0:28:470:28:47

rise in tuition fees, then they trippedled them. Now

0:28:470:28:48

rise in tuition fees, then they trippedled them. Now three

0:28:480:28:48

rise in tuition fees, then they trippedled them. Now three years

0:28:480:28:49

rise in tuition fees, then they trippedled them. Now three years on,

0:28:490:28:49

trippedled them. Now three years on, Newsnight

0:28:490:28:50

trippedled them. Now three years on, Newsnight uns

0:28:500:28:50

trippedled them. Now three years on, Newsnight uns that

0:28:500:28:51

trippedled them. Now three years on, Newsnight uns that the

0:28:510:28:51

trippedled them. Now three years on, Newsnight uns that the --

0:28:510:28:52

Newsnight uns that the -- understands

0:28:520:28:52

Newsnight uns that the -- understands that

0:28:520:28:52

Newsnight uns that the -- understands that the

0:28:520:28:52

Newsnight uns that the -- understands that the Lib

0:28:520:28:53

Newsnight uns that the -- understands that the Lib Dem

0:28:530:28:53

Newsnight uns that the -- understands that the Lib Dem leader

0:28:530:28:54

understands that the Lib Dem leader thinks

0:28:540:28:54

understands that the Lib Dem leader thinks that

0:28:540:28:54

understands that the Lib Dem leader thinks that by

0:28:540:28:55

understands that the Lib Dem leader thinks that by 2015

0:28:550:28:56

thinks that by 2015 angered students

0:28:560:28:56

thinks that by 2015 angered students may

0:28:560:28:56

thinks that by 2015 angered students may not

0:28:560:28:56

thinks that by 2015 angered students may not be

0:28:560:28:57

thinks that by 2015 angered students may not be as

0:28:570:28:57

thinks that by 2015 angered students may not be as angry.

0:28:570:28:57

thinks that by 2015 angered students may not be as angry. The

0:28:570:28:58

students may not be as angry. The numbers

0:28:580:28:59

students may not be as angry. The numbers of

0:28:590:28:59

students may not be as angry. The numbers of students

0:28:590:28:59

students may not be as angry. The numbers of students going

0:28:590:28:59

students may not be as angry. The numbers of students going to

0:28:590:29:00

students may not be as angry. The university has kept

0:29:000:29:00

students may not be as angry. The university has kept up.

0:29:000:29:00

students may not be as angry. The university has kept up. In

0:29:000:29:00

students may not be as angry. The university has kept up. In fact

0:29:000:29:01

students may not be as angry. The university has kept up. In fact the

0:29:010:29:01

university has kept up. In fact the number

0:29:010:29:02

university has kept up. In fact the number of

0:29:020:29:02

university has kept up. In fact the number of disadvantaged

0:29:020:29:03

university has kept up. In fact the number of disadvantaged students

0:29:030:29:03

number of disadvantaged students also

0:29:030:29:04

number of disadvantaged students also looks

0:29:040:29:04

number of disadvantaged students also looks to

0:29:040:29:04

number of disadvantaged students also looks to be

0:29:040:29:04

number of disadvantaged students also looks to be quite

0:29:040:29:04

number of disadvantaged students also looks to be quite healthy.

0:29:040:29:05

also looks to be quite healthy. This

0:29:050:29:05

also looks to be quite healthy. This isn't

0:29:050:29:06

also looks to be quite healthy. This isn't just

0:29:060:29:06

also looks to be quite healthy. This isn't just a

0:29:060:29:07

also looks to be quite healthy. This isn't just a tuition

0:29:070:29:07

also looks to be quite healthy. This isn't just a tuition fees

0:29:070:29:08

This isn't just a tuition fees problem,

0:29:080:29:08

This isn't just a tuition fees problem, this

0:29:080:29:08

This isn't just a tuition fees problem, this is

0:29:080:29:08

This isn't just a tuition fees problem, this is a

0:29:080:29:08

This isn't just a tuition fees problem, this is a broken

0:29:080:29:09

This isn't just a tuition fees problem, this is a broken promises

0:29:090:29:09

problem, this is a broken promises problem.

0:29:090:29:09

problem, this is a broken promises problem. What

0:29:090:29:10

problem, this is a broken promises problem. What does

0:29:100:29:10

problem, this is a broken promises problem. What does this

0:29:100:29:10

problem, this is a broken promises problem. What does this bunch

0:29:100:29:10

problem, this is a broken promises problem. What does this bunch of

0:29:100:29:11

problem. What does this bunch of students

0:29:110:29:11

problem. What does this bunch of students think

0:29:110:29:15

problem. What does this bunch of students think about

0:29:150:29:15

problem. What does this bunch of students think about it.

0:29:150:29:16

problem. What does this bunch of students think about it. Newsnight

0:29:160:29:16

students think about it. Newsnight didn't

0:29:160:29:16

students think about it. Newsnight didn't watch

0:29:160:29:16

students think about it. Newsnight didn't watch Nick

0:29:160:29:17

students think about it. Newsnight didn't watch Nick Clegg's

0:29:170:29:17

students think about it. Newsnight didn't watch Nick Clegg's speech

0:29:170:29:17

students think about it. Newsnight didn't watch Nick Clegg's speech in

0:29:170:29:17

didn't watch Nick Clegg's speech in the

0:29:170:29:18

didn't watch Nick Clegg's speech in the Glasgow

0:29:180:29:19

didn't watch Nick Clegg's speech in the Glasgow conference

0:29:190:29:19

didn't watch Nick Clegg's speech in the Glasgow conference hall,

0:29:190:29:19

didn't watch Nick Clegg's speech in the Glasgow conference hall, but

0:29:190:29:20

didn't watch Nick Clegg's speech in the Glasgow conference hall, but in

0:29:200:29:20

the Glasgow conference hall, but in his

0:29:200:29:20

the Glasgow conference hall, but in his constituency

0:29:200:29:21

the Glasgow conference hall, but in his constituency of

0:29:210:29:21

the Glasgow conference hall, but in his constituency of Sheffield

0:29:210:29:21

the Glasgow conference hall, but in his constituency of Sheffield Halam,

0:29:210:29:22

his constituency of Sheffield Halam, where

0:29:220:29:23

his constituency of Sheffield Halam, where thousands

0:29:230:29:23

his constituency of Sheffield Halam, where thousands of

0:29:230:29:23

his constituency of Sheffield Halam, where thousands of students

0:29:230:29:23

his constituency of Sheffield Halam, where thousands of students live

0:29:230:29:24

where thousands of students live and

0:29:240:29:24

where thousands of students live and vote.

0:29:240:29:24

where thousands of students live and vote. Six

0:29:240:29:25

where thousands of students live and vote. Six of them

0:29:250:29:25

where thousands of students live and vote. Six of them joined

0:29:250:29:26

where thousands of students live and vote. Six of them joined me.

0:29:260:29:26

and vote. Six of them joined me. The

0:29:260:29:26

and vote. Six of them joined me. The Liberal

0:29:260:29:27

and vote. Six of them joined me. The Liberal Democrats

0:29:270:29:27

and vote. Six of them joined me. The Liberal Democrats proving

0:29:270:29:27

and vote. Six of them joined me. The Liberal Democrats proving that

0:29:270:29:27

The Liberal Democrats proving that we

0:29:270:29:28

The Liberal Democrats proving that we can

0:29:280:29:29

The Liberal Democrats proving that we can be

0:29:290:29:29

The Liberal Democrats proving that we can be trusted

0:29:290:29:31

The Liberal Democrats proving that we can be trusted with

0:29:310:29:31

The Liberal Democrats proving that we can be trusted with the

0:29:310:29:32

The Liberal Democrats proving that we can be trusted with the biggest

0:29:320:29:32

we can be trusted with the biggest responsibility

0:29:320:29:32

we can be trusted with the biggest responsibility of

0:29:320:29:33

we can be trusted with the biggest responsibility of all,

0:29:330:29:33

we can be trusted with the biggest responsibility of all, fixing

0:29:330:29:34

we can be trusted with the biggest responsibility of all, fixing the

0:29:340:29:34

responsibility of all, fixing the economy.

0:29:340:29:37

economy. APPLAUSE

0:29:370:29:46

APPLAUSE But

0:29:460:29:47

APPLAUSE But I

0:29:470:29:47

APPLAUSE But I know,

0:29:470:29:48

APPLAUSE But I know, I

0:29:480:29:48

APPLAUSE But I know, I know

0:29:480:29:49

APPLAUSE But I know, I know how

0:29:490:29:50

APPLAUSE But I know, I know how hard

0:29:500:29:50

APPLAUSE But I know, I know how hard it

0:29:500:29:50

APPLAUSE But I know, I know how hard it has

0:29:500:29:51

But I know, I know how hard it has been

0:29:510:29:51

But I know, I know how hard it has been getting

0:29:510:29:51

But I know, I know how hard it has been getting here,

0:29:510:29:53

But I know, I know how hard it has been getting here, facing

0:29:530:29:53

But I know, I know how hard it has been getting here, facing down

0:29:530:29:53

But I know, I know how hard it has been getting here, facing down all

0:29:530:29:55

been getting here, facing down all that

0:29:550:29:55

been getting here, facing down all that nasty

0:29:550:29:55

been getting here, facing down all that nasty vitriol

0:29:550:29:56

been getting here, facing down all that nasty vitriol from

0:29:560:29:57

been getting here, facing down all that nasty vitriol from our

0:29:570:29:57

that nasty vitriol from our opponents.

0:29:570:29:57

that nasty vitriol from our opponents. Vitriol

0:29:570:29:58

that nasty vitriol from our opponents. Vitriol partly

0:29:580:29:58

that nasty vitriol from our opponents. Vitriol partly from

0:29:580:29:59

opponents. Vitriol partly from tuition

0:29:590:29:59

opponents. Vitriol partly from tuition fees.

0:29:590:30:00

opponents. Vitriol partly from tuition fees. A

0:30:000:30:00

opponents. Vitriol partly from tuition fees. A lot

0:30:000:30:00

opponents. Vitriol partly from tuition fees. A lot more

0:30:000:30:00

opponents. Vitriol partly from tuition fees. A lot more young

0:30:000:30:01

tuition fees. A lot more young people

0:30:010:30:01

tuition fees. A lot more young people realise

0:30:010:30:01

tuition fees. A lot more young people realise it

0:30:010:30:01

tuition fees. A lot more young people realise it was

0:30:010:30:02

tuition fees. A lot more young people realise it was not

0:30:020:30:02

tuition fees. A lot more young people realise it was not as

0:30:020:30:02

tuition fees. A lot more young people realise it was not as bad as

0:30:020:30:02

people realise it was not as bad as it

0:30:020:30:03

people realise it was not as bad as it was

0:30:030:30:03

people realise it was not as bad as it was originally

0:30:030:30:04

people realise it was not as bad as it was originally labelled,

0:30:040:30:05

people realise it was not as bad as it was originally labelled, they

0:30:050:30:05

it was originally labelled, they can

0:30:050:30:05

it was originally labelled, they can pay

0:30:050:30:05

it was originally labelled, they can pay it

0:30:050:30:05

it was originally labelled, they can pay it back

0:30:050:30:06

it was originally labelled, they can pay it back after

0:30:060:30:06

it was originally labelled, they can pay it back after earning

0:30:060:30:06

it was originally labelled, they can pay it back after earning a

0:30:060:30:07

can pay it back after earning a certain

0:30:070:30:07

can pay it back after earning a certain amount,

0:30:070:30:07

can pay it back after earning a certain amount, it

0:30:070:30:07

can pay it back after earning a certain amount, it is

0:30:070:30:08

can pay it back after earning a certain amount, it is not

0:30:080:30:08

can pay it back after earning a certain amount, it is not doom

0:30:080:30:08

can pay it back after earning a certain amount, it is not doom and

0:30:080:30:08

certain amount, it is not doom and gloom,

0:30:080:30:09

certain amount, it is not doom and gloom, it

0:30:090:30:09

certain amount, it is not doom and gloom, it was

0:30:090:30:09

certain amount, it is not doom and gloom, it was the

0:30:090:30:09

certain amount, it is not doom and gloom, it was the principle,

0:30:090:30:09

certain amount, it is not doom and gloom, it was the principle, he

0:30:090:30:10

certain amount, it is not doom and said he

0:30:100:30:10

certain amount, it is not doom and said he wouldn't

0:30:100:30:10

certain amount, it is not doom and said he wouldn't do

0:30:100:30:10

certain amount, it is not doom and said he wouldn't do it

0:30:100:30:11

certain amount, it is not doom and said he wouldn't do it and

0:30:110:30:11

certain amount, it is not doom and said he wouldn't do it and he

0:30:110:30:12

certain amount, it is not doom and said he wouldn't do it and he did

0:30:120:30:12

said he wouldn't do it and he did it.

0:30:120:30:12

said he wouldn't do it and he did it. A

0:30:120:30:12

said he wouldn't do it and he did it. A lot

0:30:120:30:15

said he wouldn't do it and he did it. A lot of

0:30:150:30:15

said he wouldn't do it and he did it. A lot of young

0:30:150:30:15

said he wouldn't do it and he did it. A lot of young people

0:30:150:30:15

said he wouldn't do it and he did it. A lot of young people that

0:30:150:30:16

said he wouldn't do it and he did it. A lot of young people that was

0:30:160:30:16

it. A lot of young people that was the

0:30:160:30:16

it. A lot of young people that was the first

0:30:160:30:16

it. A lot of young people that was the first time

0:30:160:30:17

it. A lot of young people that was the first time they

0:30:170:30:17

it. A lot of young people that was the first time they engaged

0:30:170:30:17

it. A lot of young people that was the first time they engaged with

0:30:170:30:17

the first time they engaged with politics

0:30:170:30:17

the first time they engaged with politics and

0:30:170:30:18

the first time they engaged with politics and the

0:30:180:30:18

the first time they engaged with politics and the first

0:30:180:30:18

the first time they engaged with politics and the first thing

0:30:180:30:18

the first time they engaged with politics and the first thing they

0:30:180:30:19

the first time they engaged with cared about

0:30:190:30:19

the first time they engaged with cared about and

0:30:190:30:19

the first time they engaged with cared about and it

0:30:190:30:19

the first time they engaged with cared about and it was

0:30:190:30:20

the first time they engaged with cared about and it was a

0:30:200:30:20

the first time they engaged with cared about and it was a lie.

0:30:200:30:20

the first time they engaged with cared about and it was a lie. You

0:30:200:30:20

cared about and it was a lie. You have

0:30:200:30:21

cared about and it was a lie. You have to

0:30:210:30:21

cared about and it was a lie. You have to remember

0:30:210:30:21

cared about and it was a lie. You have to remember he's

0:30:210:30:22

cared about and it was a lie. You have to remember he's not

0:30:220:30:22

cared about and it was a lie. You have to remember he's not the

0:30:220:30:22

have to remember he's not the majority

0:30:220:30:23

have to remember he's not the majority party

0:30:230:30:23

have to remember he's not the majority party in

0:30:230:30:23

have to remember he's not the majority party in Government,

0:30:230:30:23

have to remember he's not the majority party in Government, there

0:30:230:30:24

majority party in Government, there is

0:30:240:30:24

majority party in Government, there is obviously

0:30:240:30:24

majority party in Government, there is obviously things

0:30:240:30:25

majority party in Government, there is obviously things in

0:30:250:30:25

majority party in Government, there is obviously things in both

0:30:250:30:26

is obviously things in both manifestos

0:30:260:30:26

is obviously things in both manifestos that

0:30:260:30:26

is obviously things in both manifestos that they

0:30:260:30:26

is obviously things in both manifestos that they have

0:30:260:30:27

is obviously things in both manifestos that they have both

0:30:270:30:27

manifestos that they have both promised,

0:30:270:30:28

manifestos that they have both promised, but

0:30:280:30:28

manifestos that they have both promised, but everybody

0:30:280:30:28

manifestos that they have both promised, but everybody has

0:30:280:30:28

manifestos that they have both promised, but everybody has had

0:30:280:30:30

manifestos that they have both promised, but everybody has had to

0:30:300:30:30

promised, but everybody has had to negotiate.

0:30:300:30:31

promised, but everybody has had to negotiate. I

0:30:310:30:32

promised, but everybody has had to negotiate. I think

0:30:320:30:32

promised, but everybody has had to negotiate. I think it

0:30:320:30:32

promised, but everybody has had to negotiate. I think it is

0:30:320:30:33

negotiate. I think it is unrealistic

0:30:330:30:33

negotiate. I think it is unrealistic to

0:30:330:30:34

negotiate. I think it is unrealistic to expect

0:30:340:30:34

negotiate. I think it is unrealistic to expect every

0:30:340:30:34

negotiate. I think it is unrealistic to expect every part

0:30:340:30:34

negotiate. I think it is unrealistic to expect every part of

0:30:340:30:35

unrealistic to expect every part of the

0:30:350:30:35

unrealistic to expect every part of the Lib

0:30:350:30:35

unrealistic to expect every part of the Lib Dem

0:30:350:30:35

unrealistic to expect every part of the Lib Dem manifesto

0:30:350:30:36

unrealistic to expect every part of the Lib Dem manifesto to

0:30:360:30:36

unrealistic to expect every part of the Lib Dem manifesto to have

0:30:360:30:36

unrealistic to expect every part of the Lib Dem manifesto to have been

0:30:360:30:36

the Lib Dem manifesto to have been put

0:30:360:30:37

the Lib Dem manifesto to have been put into

0:30:370:30:37

the Lib Dem manifesto to have been put into law.

0:30:370:30:37

the Lib Dem manifesto to have been put into law. Miriam's

0:30:370:30:38

the Lib Dem manifesto to have been put into law. Miriam's father

0:30:380:30:38

the Lib Dem manifesto to have been put into law. Miriam's father was

0:30:380:30:39

put into law. Miriam's father was the

0:30:390:30:40

put into law. Miriam's father was the first

0:30:400:30:40

put into law. Miriam's father was the first democratically

0:30:400:30:40

put into law. Miriam's father was the first democratically elected

0:30:400:30:41

the first democratically elected mayor

0:30:410:30:42

the first democratically elected mayor in

0:30:420:30:42

the first democratically elected mayor in a

0:30:420:30:42

the first democratically elected mayor in a small

0:30:420:30:43

the first democratically elected mayor in a small agricultural

0:30:430:30:43

the first democratically elected mayor in a small agricultural town

0:30:430:30:44

mayor in a small agricultural town in

0:30:440:30:44

mayor in a small agricultural town in the

0:30:440:30:44

mayor in a small agricultural town in the middle

0:30:440:30:44

mayor in a small agricultural town in the middle of

0:30:440:30:45

mayor in a small agricultural town in the middle of the

0:30:450:30:45

mayor in a small agricultural town in the middle of the Spanish

0:30:450:30:45

in the middle of the Spanish countryside.

0:30:450:30:45

in the middle of the Spanish countryside. He

0:30:450:30:46

in the middle of the Spanish countryside. He sadly

0:30:460:30:46

in the middle of the Spanish countryside. He sadly died

0:30:460:30:46

in the middle of the Spanish countryside. He sadly died some

0:30:460:30:47

countryside. He sadly died some years

0:30:470:30:47

countryside. He sadly died some years ago.

0:30:470:30:47

countryside. He sadly died some years ago. There

0:30:470:30:47

countryside. He sadly died some years ago. There is

0:30:470:30:48

countryside. He sadly died some years ago. There is a

0:30:480:30:48

countryside. He sadly died some years ago. There is a small

0:30:480:30:48

countryside. He sadly died some years ago. There is a small statue

0:30:480:30:48

years ago. There is a small statue of

0:30:480:30:49

years ago. There is a small statue of him

0:30:490:30:49

years ago. There is a small statue of him today

0:30:490:30:49

years ago. There is a small statue of him today outside

0:30:490:30:50

years ago. There is a small statue of him today outside the

0:30:500:30:51

years ago. There is a small statue of him today outside the church

0:30:510:30:51

years ago. There is a small statue of him today outside the church in

0:30:510:30:51

of him today outside the church in Miriam's

0:30:510:30:51

of him today outside the church in Miriam's village.

0:30:510:30:54

of him today outside the church in Miriam's village. Our

0:30:540:30:54

of him today outside the church in Miriam's village. Our three

0:30:540:30:54

of him today outside the church in Miriam's village. Our three little

0:30:540:30:55

Miriam's village. Our three little boys

0:30:550:30:55

Miriam's village. Our three little boys see

0:30:550:30:56

Miriam's village. Our three little boys see that

0:30:560:30:56

Miriam's village. Our three little boys see that statue

0:30:560:30:56

Miriam's village. Our three little boys see that statue every

0:30:560:30:56

Miriam's village. Our three little boys see that statue every holiday

0:30:560:30:57

boys see that statue every holiday and

0:30:570:30:58

boys see that statue every holiday and Miriam

0:30:580:30:58

boys see that statue every holiday and Miriam tells

0:30:580:30:58

boys see that statue every holiday and Miriam tells them

0:30:580:30:59

boys see that statue every holiday and Miriam tells them of

0:30:590:30:59

boys see that statue every holiday and Miriam tells them of the

0:30:590:30:59

and Miriam tells them of the bonderful

0:30:590:30:59

and Miriam tells them of the bonderful things

0:30:590:31:00

and Miriam tells them of the bonderful things he

0:31:000:31:00

and Miriam tells them of the bonderful things he did.

0:31:000:31:00

and Miriam tells them of the bonderful things he did. You

0:31:000:31:01

and Miriam tells them of the bonderful things he did. You asked

0:31:010:31:01

bonderful things he did. You asked us

0:31:010:31:01

bonderful things he did. You asked us whether

0:31:010:31:02

bonderful things he did. You asked us whether we

0:31:020:31:02

bonderful things he did. You asked us whether we like

0:31:020:31:02

bonderful things he did. You asked us whether we like his

0:31:020:31:02

bonderful things he did. You asked us whether we like his personality

0:31:020:31:03

us whether we like his personality from

0:31:030:31:03

us whether we like his personality from this

0:31:030:31:03

us whether we like his personality from this speech.

0:31:030:31:04

us whether we like his personality from this speech. I

0:31:040:31:04

us whether we like his personality from this speech. I felt

0:31:040:31:04

us whether we like his personality from this speech. I felt his

0:31:040:31:04

from this speech. I felt his personality

0:31:040:31:05

from this speech. I felt his personality came

0:31:050:31:05

from this speech. I felt his personality came through

0:31:050:31:05

from this speech. I felt his personality came through when

0:31:050:31:05

from this speech. I felt his personality came through when he

0:31:050:31:06

personality came through when he was

0:31:060:31:06

personality came through when he was doing

0:31:060:31:06

personality came through when he was doing the

0:31:060:31:07

personality came through when he was doing the TV

0:31:070:31:07

personality came through when he was doing the TV debate.

0:31:070:31:07

personality came through when he was doing the TV debate. It

0:31:070:31:08

personality came through when he was doing the TV debate. It was

0:31:080:31:09

personality came through when he was doing the TV debate. It was the

0:31:090:31:10

was doing the TV debate. It was the electorate

0:31:100:31:10

was doing the TV debate. It was the electorate asking

0:31:100:31:10

was doing the TV debate. It was the electorate asking questions

0:31:100:31:10

was doing the TV debate. It was the electorate asking questions they

0:31:100:31:11

electorate asking questions they felt

0:31:110:31:11

electorate asking questions they felt passionate

0:31:110:31:11

electorate asking questions they felt passionate about,

0:31:110:31:11

electorate asking questions they felt passionate about, they

0:31:110:31:12

electorate asking questions they felt passionate about, they were

0:31:120:31:12

felt passionate about, they were asking

0:31:120:31:12

felt passionate about, they were asking him

0:31:120:31:12

felt passionate about, they were asking him what

0:31:120:31:12

felt passionate about, they were asking him what he

0:31:120:31:13

felt passionate about, they were asking him what he would

0:31:130:31:13

felt passionate about, they were asking him what he would do

0:31:130:31:13

felt passionate about, they were asking him what he would do and

0:31:130:31:13

felt passionate about, they were asking him what he would do and how

0:31:130:31:14

asking him what he would do and how he

0:31:140:31:14

asking him what he would do and how he would

0:31:140:31:14

asking him what he would do and how he would respond

0:31:140:31:14

asking him what he would do and how he would respond and

0:31:140:31:14

asking him what he would do and how he would respond and he

0:31:140:31:15

asking him what he would do and how he would respond and he would

0:31:150:31:15

asking him what he would do and how he would respond and he would give

0:31:150:31:16

he would respond and he would give them

0:31:160:31:16

he would respond and he would give them straight

0:31:160:31:16

he would respond and he would give them straight forward,

0:31:160:31:17

he would respond and he would give them straight forward, upfront

0:31:170:31:18

them straight forward, upfront answers.

0:31:180:31:18

them straight forward, upfront answers. He's

0:31:180:31:18

them straight forward, upfront answers. He's being

0:31:180:31:19

them straight forward, upfront answers. He's being straight

0:31:190:31:19

answers. He's being straight forward

0:31:190:31:19

answers. He's being straight forward here?

0:31:190:31:19

answers. He's being straight forward here? It

0:31:190:31:20

answers. He's being straight forward here? It feels

0:31:200:31:21

answers. He's being straight forward here? It feels like

0:31:210:31:21

answers. He's being straight forward here? It feels like he's

0:31:210:31:21

forward here? It feels like he's not

0:31:210:31:22

forward here? It feels like he's not being

0:31:220:31:22

forward here? It feels like he's not being honest.

0:31:220:31:23

forward here? It feels like he's not being honest. I

0:31:230:31:23

forward here? It feels like he's not being honest. I don't

0:31:230:31:23

forward here? It feels like he's not being honest. I don't look

0:31:230:31:23

forward here? It feels like he's not being honest. I don't look at

0:31:230:31:24

not being honest. I don't look at Ed

0:31:240:31:24

not being honest. I don't look at Ed Miliband

0:31:240:31:24

not being honest. I don't look at Ed Miliband and

0:31:240:31:24

not being honest. I don't look at Ed Miliband and David

0:31:240:31:24

not being honest. I don't look at Ed Miliband and David Cameron

0:31:240:31:25

not being honest. I don't look at Ed Miliband and David Cameron and

0:31:250:31:25

Ed Miliband and David Cameron and ask

0:31:250:31:26

Ed Miliband and David Cameron and ask myself

0:31:260:31:26

Ed Miliband and David Cameron and ask myself who

0:31:260:31:26

Ed Miliband and David Cameron and ask myself who I

0:31:260:31:26

Ed Miliband and David Cameron and ask myself who I would

0:31:260:31:27

Ed Miliband and David Cameron and ask myself who I would be

0:31:270:31:27

Ed Miliband and David Cameron and ask myself who I would be most

0:31:270:31:27

ask myself who I would be most comfortable

0:31:270:31:27

ask myself who I would be most comfortable with, as

0:31:270:31:28

ask myself who I would be most comfortable with, as if

0:31:280:31:28

ask myself who I would be most comfortable with, as if I

0:31:280:31:28

ask myself who I would be most comfortable with, as if I was

0:31:280:31:28

comfortable with, as if I was buying

0:31:280:31:29

comfortable with, as if I was buying a

0:31:290:31:30

comfortable with, as if I was buying a new

0:31:300:31:30

comfortable with, as if I was buying a new sofa.

0:31:300:31:30

comfortable with, as if I was buying a new sofa. As

0:31:300:31:31

comfortable with, as if I was buying a new sofa. As someone

0:31:310:31:31

comfortable with, as if I was buying a new sofa. As someone who

0:31:310:31:32

comfortable with, as if I was would have voted for

0:31:320:31:32

comfortable with, as if I was would have voted for them

0:31:320:31:32

comfortable with, as if I was would have voted for them in

0:31:320:31:32

comfortable with, as if I was would have voted for them in the

0:31:320:31:33

would have voted for them in the 2010

0:31:330:31:33

would have voted for them in the 2010 general

0:31:330:31:33

would have voted for them in the 2010 general elections,

0:31:330:31:33

would have voted for them in the 2010 general elections, I

0:31:330:31:34

would have voted for them in the 2010 general elections, I feel

0:31:340:31:34

would have voted for them in the 2010 general elections, I feel like

0:31:340:31:34

2010 general elections, I feel like they

0:31:340:31:34

2010 general elections, I feel like they could

0:31:340:31:35

2010 general elections, I feel like they could have

0:31:350:31:35

2010 general elections, I feel like they could have done

0:31:350:31:35

2010 general elections, I feel like they could have done a

0:31:350:31:36

2010 general elections, I feel like they could have done a lot

0:31:360:31:36

2010 general elections, I feel like they could have done a lot more.

0:31:360:31:36

2010 general elections, I feel like they could have done a lot more. I

0:31:360:31:37

they could have done a lot more. I was

0:31:370:31:37

they could have done a lot more. I was quite

0:31:370:31:37

they could have done a lot more. I was quite optimistic

0:31:370:31:38

they could have done a lot more. I was quite optimistic about

0:31:380:31:39

they could have done a lot more. I was quite optimistic about the

0:31:390:31:39

was quite optimistic about the coalition

0:31:390:31:40

was quite optimistic about the coalition in

0:31:400:31:41

was quite optimistic about the coalition in that

0:31:410:31:41

was quite optimistic about the coalition in that way.

0:31:410:31:41

was quite optimistic about the coalition in that way. I

0:31:410:31:41

was quite optimistic about the coalition in that way. I was

0:31:410:31:41

was quite optimistic about the coalition in that way. I was quite

0:31:410:31:42

coalition in that way. I was quite glad

0:31:420:31:42

coalition in that way. I was quite glad it

0:31:420:31:42

coalition in that way. I was quite glad it wasn't

0:31:420:31:42

coalition in that way. I was quite glad it wasn't a

0:31:420:31:42

coalition in that way. I was quite glad it wasn't a full

0:31:420:31:43

coalition in that way. I was quite glad it wasn't a full story

0:31:430:31:43

glad it wasn't a full story Government.

0:31:430:31:43

glad it wasn't a full story Government. I

0:31:430:31:44

glad it wasn't a full story Government. I thought

0:31:440:31:44

glad it wasn't a full story Government. I thought they

0:31:440:31:44

glad it wasn't a full story Government. I thought they would

0:31:440:31:44

Government. I thought they would use

0:31:440:31:45

Government. I thought they would use their

0:31:450:31:45

Government. I thought they would use their power

0:31:450:31:46

Government. I thought they would use their power a

0:31:460:31:48

Government. I thought they would use their power a lot

0:31:480:31:48

Government. I thought they would use their power a lot more.

0:31:480:31:50

Government. I thought they would use their power a lot more. Making

0:31:500:31:50

use their power a lot more. Making this

0:31:500:31:50

use their power a lot more. Making this big

0:31:500:31:50

use their power a lot more. Making this big deal

0:31:500:31:51

use their power a lot more. Making this big deal about

0:31:510:31:52

use their power a lot more. Making this big deal about curbing

0:31:520:31:52

use their power a lot more. Making this big deal about curbing them,

0:31:520:31:53

this big deal about curbing them, David

0:31:530:31:53

this big deal about curbing them, David Cameron

0:31:530:31:53

this big deal about curbing them, David Cameron is

0:31:530:31:53

this big deal about curbing them, David Cameron is more

0:31:530:31:54

this big deal about curbing them, David Cameron is more centre

0:31:540:31:54

this big deal about curbing them, David Cameron is more centre than

0:31:540:31:54

this big deal about curbing them, most Tories

0:31:540:31:55

this big deal about curbing them, most Tories would

0:31:550:31:55

this big deal about curbing them, most Tories would like,

0:31:550:31:56

this big deal about curbing them, most Tories would like, he's

0:31:560:31:56

this big deal about curbing them, most Tories would like, he's trying

0:31:560:31:57

most Tories would like, he's trying to

0:31:570:31:57

most Tories would like, he's trying to claim

0:31:570:31:57

most Tories would like, he's trying to claim for

0:31:570:31:57

most Tories would like, he's trying to claim for something

0:31:570:31:57

most Tories would like, he's trying to claim for something that

0:31:570:31:58

most Tories would like, he's trying to claim for something that is

0:31:580:31:58

most Tories would like, he's trying to claim for something that is not

0:31:580:31:58

to claim for something that is not necessarily

0:31:580:31:58

to claim for something that is not necessarily down

0:31:580:31:59

to claim for something that is not necessarily down to

0:31:590:31:59

to claim for something that is not necessarily down to him.

0:31:590:31:59

to claim for something that is not necessarily down to him. Not

0:31:590:31:59

to claim for something that is not necessarily down to him. Not all

0:31:590:32:00

to claim for something that is not necessarily down to him. Not all of

0:32:000:32:00

necessarily down to him. Not all of our

0:32:000:32:00

necessarily down to him. Not all of our students

0:32:000:32:01

necessarily down to him. Not all of our students were

0:32:010:32:01

necessarily down to him. Not all of our students were impressed,

0:32:010:32:02

necessarily down to him. Not all of our students were impressed, the

0:32:020:32:02

our students were impressed, the only

0:32:020:32:03

our students were impressed, the only one

0:32:030:32:03

our students were impressed, the only one that

0:32:030:32:04

our students were impressed, the only one that mattered

0:32:040:32:04

our students were impressed, the only one that mattered was

0:32:040:32:04

our students were impressed, the only one that mattered was the

0:32:040:32:06

only one that mattered was the wavering

0:32:060:32:06

only one that mattered was the wavering voter.

0:32:060:32:07

only one that mattered was the wavering voter. Nick

0:32:070:32:07

only one that mattered was the wavering voter. Nick Clegg's

0:32:070:32:07

only one that mattered was the wavering voter. Nick Clegg's team

0:32:070:32:07

wavering voter. Nick Clegg's team think

0:32:070:32:08

wavering voter. Nick Clegg's team think the

0:32:080:32:09

wavering voter. Nick Clegg's team think the he

0:32:090:32:09

wavering voter. Nick Clegg's team think the he key

0:32:090:32:09

wavering voter. Nick Clegg's team think the he key to

0:32:090:32:10

wavering voter. Nick Clegg's team think the he key to a

0:32:100:32:10

wavering voter. Nick Clegg's team think the he key to a healthy

0:32:100:32:11

think the he key to a healthy result

0:32:110:32:11

think the he key to a healthy result to

0:32:110:32:11

think the he key to a healthy result to 2015

0:32:110:32:11

think the he key to a healthy result to 2015 is

0:32:110:32:12

think the he key to a healthy result to 2015 is persuading

0:32:120:32:12

think the he key to a healthy result to 2015 is persuading them

0:32:120:32:12

result to 2015 is persuading them to

0:32:120:32:12

result to 2015 is persuading them to come

0:32:120:32:12

result to 2015 is persuading them to come out

0:32:120:32:13

result to 2015 is persuading them to come out for

0:32:130:32:13

result to 2015 is persuading them to come out for Nick Clegg.

0:32:130:32:13

result to 2015 is persuading them to come out for Nick Clegg. They

0:32:130:32:14

to come out for Nick Clegg. They think

0:32:140:32:14

to come out for Nick Clegg. They think that

0:32:140:32:15

to come out for Nick Clegg. They think that will

0:32:150:32:15

to come out for Nick Clegg. They think that will depend

0:32:150:32:15

to come out for Nick Clegg. They think that will depend on

0:32:150:32:15

to come out for Nick Clegg. They think that will depend on Nick

0:32:150:32:16

think that will depend on Nick Clegg's

0:32:160:32:16

think that will depend on Nick Clegg's personality

0:32:160:32:17

think that will depend on Nick Clegg's personality coming

0:32:170:32:17

think that will depend on Nick Clegg's personality coming across,

0:32:170:32:18

Clegg's personality coming across, and

0:32:180:32:18

Clegg's personality coming across, and more

0:32:180:32:19

Clegg's personality coming across, and more populist

0:32:190:32:19

Clegg's personality coming across, and more populist policies,

0:32:190:32:19

Clegg's personality coming across, and more populist policies, like

0:32:190:32:20

and more populist policies, like school

0:32:200:32:20

and more populist policies, like school uniforms,

0:32:200:32:20

and more populist policies, like school uniforms, school

0:32:200:32:21

and more populist policies, like school uniforms, school meals

0:32:210:32:21

and more populist policies, like school uniforms, school meals and

0:32:210:32:21

school uniforms, school meals and even

0:32:210:32:21

school uniforms, school meals and even the

0:32:210:32:22

school uniforms, school meals and even the plastic

0:32:220:32:22

school uniforms, school meals and even the plastic bags.

0:32:220:32:22

school uniforms, school meals and even the plastic bags. With

0:32:220:32:22

school uniforms, school meals and even the plastic bags. With our

0:32:220:32:23

even the plastic bags. With our group

0:32:230:32:24

even the plastic bags. With our group of

0:32:240:32:24

even the plastic bags. With our group of students,

0:32:240:32:24

even the plastic bags. With our group of students, even

0:32:240:32:25

even the plastic bags. With our group of students, even the

0:32:250:32:25

group of students, even the wavering

0:32:250:32:25

group of students, even the wavering voter

0:32:250:32:28

group of students, even the wavering voter wasn't

0:32:280:32:28

group of students, even the wavering voter wasn't impressed.

0:32:280:32:28

wavering voter wasn't impressed. Lib

0:32:280:32:28

wavering voter wasn't impressed. Lib Dems

0:32:280:32:29

wavering voter wasn't impressed. Lib Dems may

0:32:290:32:29

wavering voter wasn't impressed. Lib Dems may have

0:32:290:32:29

wavering voter wasn't impressed. Lib Dems may have lost the

0:32:290:32:30

wavering voter wasn't impressed. Lib Dems may have lost the block

0:32:300:32:30

Lib Dems may have lost the block vote,

0:32:300:32:30

Lib Dems may have lost the block vote, but

0:32:300:32:31

Lib Dems may have lost the block vote, but not

0:32:310:32:31

Lib Dems may have lost the block vote, but not all

0:32:310:32:32

Lib Dems may have lost the block vote, but not all student

0:32:320:32:32

Lib Dems may have lost the block vote, but not all student seats.

0:32:320:32:33

vote, but not all student seats. Somewhere

0:32:330:32:33

vote, but not all student seats. Somewhere like

0:32:330:32:34

vote, but not all student seats. Somewhere like Sheffield

0:32:340:32:35

vote, but not all student seats. Somewhere like Sheffield Halam

0:32:350:32:35

vote, but not all student seats. Somewhere like Sheffield Halam Tory

0:32:350:32:36

Somewhere like Sheffield Halam Tory voters

0:32:360:32:36

Somewhere like Sheffield Halam Tory voters might

0:32:360:32:36

Somewhere like Sheffield Halam Tory voters might switch

0:32:360:32:36

Somewhere like Sheffield Halam Tory voters might switch to

0:32:360:32:37

Somewhere like Sheffield Halam Tory voters might switch to mask

0:32:370:32:37

Somewhere like Sheffield Halam Tory voters might switch to mask lost

0:32:370:32:38

voters might switch to mask lost students.

0:32:380:32:38

voters might switch to mask lost students. Nick

0:32:380:32:38

voters might switch to mask lost students. Nick Clegg

0:32:380:32:39

voters might switch to mask lost students. Nick Clegg may

0:32:390:32:39

voters might switch to mask lost students. Nick Clegg may also,

0:32:390:32:40

voters might switch to mask lost students. Nick Clegg may also, by

0:32:400:32:40

students. Nick Clegg may also, by 2015,

0:32:400:32:40

students. Nick Clegg may also, by 2015, find

0:32:400:32:41

students. Nick Clegg may also, by 2015, find that

0:32:410:32:41

students. Nick Clegg may also, by 2015, find that some

0:32:410:32:41

students. Nick Clegg may also, by 2015, find that some students

0:32:410:32:42

students. Nick Clegg may also, by 2015, find that some students do

0:32:420:32:42

2015, find that some students do stay

0:32:420:32:42

2015, find that some students do stay firm

0:32:420:32:43

2015, find that some students do stay firm too.

0:32:430:32:44

stay firm too. Now

0:32:440:32:44

stay firm too. Now if

0:32:440:32:45

stay firm too. Now if you

0:32:450:32:45

stay firm too. Now if you had

0:32:450:32:45

stay firm too. Now if you had forgotten

0:32:450:32:46

stay firm too. Now if you had forgotten the

0:32:460:32:46

stay firm too. Now if you had forgotten the German

0:32:460:32:46

Now if you had forgotten the German elections

0:32:460:32:47

Now if you had forgotten the German elections were

0:32:470:32:47

Now if you had forgotten the German elections were happening

0:32:470:32:48

Now if you had forgotten the German elections were happening this

0:32:480:32:48

elections were happening this weekend,

0:32:480:32:48

elections were happening this weekend, you

0:32:480:32:48

elections were happening this weekend, you will

0:32:480:32:49

elections were happening this weekend, you will find

0:32:490:32:49

elections were happening this weekend, you will find yourself

0:32:490:32:49

elections were happening this weekend, you will find yourself in

0:32:490:32:49

weekend, you will find yourself in pretty

0:32:490:32:50

weekend, you will find yourself in pretty good

0:32:500:32:50

weekend, you will find yourself in pretty good company,

0:32:500:32:50

weekend, you will find yourself in pretty good company, possibly

0:32:500:32:50

weekend, you will find yourself in pretty good company, possibly with

0:32:500:32:50

pretty good company, possibly with a

0:32:500:32:51

pretty good company, possibly with a large

0:32:510:32:52

pretty good company, possibly with a large number

0:32:520:32:52

pretty good company, possibly with a large number of

0:32:520:32:52

pretty good company, possibly with a large number of Germans.

0:32:520:32:52

pretty good company, possibly with a large number of Germans. Is

0:32:520:32:53

a large number of Germans. Is Angela

0:32:530:32:54

a large number of Germans. Is Angela Merkel

0:32:540:32:54

a large number of Germans. Is Angela Merkel too

0:32:540:32:54

a large number of Germans. Is Angela Merkel too boring

0:32:540:32:54

a large number of Germans. Is Angela Merkel too boring for

0:32:540:32:56

Angela Merkel too boring for Germany

0:32:560:32:56

Angela Merkel too boring for Germany skreeped

0:32:560:32:57

Angela Merkel too boring for Germany skreeped the New

0:32:570:32:57

Angela Merkel too boring for Germany skreeped the New York

0:32:570:32:57

Angela Merkel too boring for Germany skreeped the New York Times,

0:32:570:32:58

Germany skreeped the New York Times, some

0:32:580:32:59

Germany skreeped the New York Times, some of it

0:32:590:32:59

Germany skreeped the New York Times, some of it have

0:32:590:32:59

Germany skreeped the New York Times, some of it have been

0:32:590:32:59

Germany skreeped the New York Times, some of it have been less

0:32:590:33:00

Germany skreeped the New York Times, some of it have been less personal

0:33:000:33:00

some of it have been less personal calling

0:33:000:33:01

some of it have been less personal calling it

0:33:010:33:01

some of it have been less personal calling it the

0:33:010:33:01

some of it have been less personal calling it the dullest

0:33:010:33:02

some of it have been less personal calling it the dullest election

0:33:020:33:02

some of it have been less personal calling it the dullest election in

0:33:020:33:02

calling it the dullest election in half

0:33:020:33:02

calling it the dullest election in half a

0:33:020:33:02

calling it the dullest election in half a sent

0:33:020:33:03

calling it the dullest election in half a sent treatment

0:33:030:33:03

calling it the dullest election in half a sent treatment there

0:33:030:33:03

calling it the dullest election in half a sent treatment there is

0:33:030:33:03

calling it the dullest election in half a sent treatment there is a

0:33:030:33:03

half a sent treatment there is a reason

0:33:030:33:04

half a sent treatment there is a reason for

0:33:040:33:04

half a sent treatment there is a reason for this,

0:33:040:33:04

half a sent treatment there is a reason for this, one

0:33:040:33:04

half a sent treatment there is a reason for this, one of

0:33:040:33:05

half a sent treatment there is a reason for this, one of the

0:33:050:33:05

half a sent treatment there is a reason for this, one of the keenest

0:33:050:33:05

reason for this, one of the keenest challenges

0:33:050:33:06

reason for this, one of the keenest challenges facing

0:33:060:33:06

reason for this, one of the keenest challenges facing the

0:33:060:33:06

reason for this, one of the keenest challenges facing the country,

0:33:060:33:07

reason for this, one of the keenest challenges facing the country, the

0:33:070:33:07

challenges facing the country, the euro

0:33:070:33:07

challenges facing the country, the euro and

0:33:070:33:08

challenges facing the country, the euro and the

0:33:080:33:08

challenges facing the country, the euro and the EU,

0:33:080:33:08

challenges facing the country, the euro and the EU, has

0:33:080:33:09

challenges facing the country, the euro and the EU, has been

0:33:090:33:09

euro and the EU, has been ironed out

0:33:090:33:09

euro and the EU, has been ironed out of

0:33:090:33:10

euro and the EU, has been ironed out of the

0:33:100:33:10

euro and the EU, has been ironed out of the campaign.

0:33:100:33:11

euro and the EU, has been ironed out of the campaign. Germany

0:33:110:33:11

euro and the EU, has been ironed out of the campaign. Germany is

0:33:110:33:11

out of the campaign. Germany is reluctant

0:33:110:33:11

out of the campaign. Germany is reluctant to

0:33:110:33:11

out of the campaign. Germany is reluctant to leave

0:33:110:33:12

out of the campaign. Germany is reluctant to leave Europe,

0:33:120:33:12

out of the campaign. Germany is reluctant to leave Europe, it

0:33:120:33:12

reluctant to leave Europe, it doesn't

0:33:120:33:13

reluctant to leave Europe, it doesn't take

0:33:130:33:13

reluctant to leave Europe, it doesn't take a genius

0:33:130:33:13

reluctant to leave Europe, it doesn't take a genius to

0:33:130:33:14

reluctant to leave Europe, it doesn't take a genius to work

0:33:140:33:14

reluctant to leave Europe, it doesn't take a genius to work out

0:33:140:33:14

doesn't take a genius to work out why.

0:33:140:33:15

doesn't take a genius to work out why. We

0:33:150:33:15

doesn't take a genius to work out why. We went

0:33:150:33:16

doesn't take a genius to work out why. We went to

0:33:160:33:16

doesn't take a genius to work out why. We went to Berlin

0:33:160:33:17

doesn't take a genius to work out why. We went to Berlin to

0:33:170:33:18

doesn't take a genius to work out why. We went to Berlin to examine

0:33:180:33:19

why. We went to Berlin to examine the

0:33:190:33:19

why. We went to Berlin to examine the countries's

0:33:190:33:20

why. We went to Berlin to examine the countries's --

0:33:200:33:20

why. We went to Berlin to examine the countries's -- country's

0:33:200:33:20

the countries's -- country's relationship

0:33:200:33:20

the countries's -- country's relationship with

0:33:200:33:21

the countries's -- country's relationship with its

0:33:210:33:21

the countries's -- country's relationship with its past.

0:33:210:33:39

relationship with its past. Everything

0:33:390:33:39

relationship with its past. Everything good,

0:33:390:33:40

relationship with its past. Everything good, everything

0:33:400:33:40

relationship with its past. Everything good, everything is

0:33:400:33:40

relationship with its past. Everything good, everything is fine.

0:33:400:33:44

Everything good, everything is fine. I'm

0:33:440:33:44

Everything good, everything is fine. I'm a

0:33:440:33:44

Everything good, everything is fine. I'm a German

0:33:440:33:45

Everything good, everything is fine. I'm a German comedian.

0:33:450:33:45

Everything good, everything is fine. I'm a German comedian. Work

0:33:450:33:45

Everything good, everything is fine. I'm a German comedian. Work as

0:33:450:33:46

Everything good, everything is fine. I'm a German comedian. Work as a

0:33:460:33:46

I'm a German comedian. Work as a tour

0:33:460:33:47

I'm a German comedian. Work as a tour guide

0:33:470:33:47

I'm a German comedian. Work as a tour guide in

0:33:470:33:48

I'm a German comedian. Work as a tour guide in Berlin,

0:33:480:33:49

I'm a German comedian. Work as a tour guide in Berlin, in

0:33:490:33:49

I'm a German comedian. Work as a tour guide in Berlin, in German

0:33:490:33:50

tour guide in Berlin, in German German

0:33:500:33:50

tour guide in Berlin, in German German you

0:33:500:33:51

tour guide in Berlin, in German German you can

0:33:510:33:51

tour guide in Berlin, in German German you can say

0:33:510:33:54

tour guide in Berlin, in German German you can say tour

0:33:540:33:55

tour guide in Berlin, in German German you can say tour guide

0:33:550:33:55

tour guide in Berlin, in German German you can say tour guide or

0:33:550:33:55

German you can say tour guide or fuhre,

0:33:550:33:55

German you can say tour guide or fuhre, don't

0:33:550:33:55

German you can say tour guide or fuhre, don't just

0:33:550:33:56

German you can say tour guide or fuhre, don't just said

0:33:560:33:56

German you can say tour guide or fuhre, don't just said that.

0:33:560:33:59

fuhre, don't just said that. There is

0:33:590:33:59

fuhre, don't just said that. There is a

0:33:590:33:59

fuhre, don't just said that. There is a thriving

0:33:590:34:00

fuhre, don't just said that. There is a thriving seen,

0:34:000:34:00

fuhre, don't just said that. There is a thriving seen, you

0:34:000:34:00

fuhre, don't just said that. There is a thriving seen, you can

0:34:000:34:00

fuhre, don't just said that. There is a thriving seen, you can do

0:34:000:34:01

fuhre, don't just said that. There is a thriving seen, you can do the

0:34:010:34:01

is a thriving seen, you can do the same

0:34:010:34:01

is a thriving seen, you can do the same punch

0:34:010:34:01

is a thriving seen, you can do the same punch lines

0:34:010:34:01

is a thriving seen, you can do the same punch lines but

0:34:010:34:02

is a thriving seen, you can do the same punch lines but it

0:34:020:34:02

is a thriving seen, you can do the same punch lines but it falls

0:34:020:34:03

is a thriving seen, you can do the same punch lines but it falls flat,

0:34:030:34:03

same punch lines but it falls flat, in

0:34:030:34:04

same punch lines but it falls flat, in a

0:34:040:34:04

same punch lines but it falls flat, in a language

0:34:040:34:04

same punch lines but it falls flat, in a language where

0:34:040:34:05

same punch lines but it falls flat, in a language where the

0:34:050:34:05

same punch lines but it falls flat, in a language where the verb

0:34:050:34:06

same punch lines but it falls flat, at the

0:34:060:34:06

same punch lines but it falls flat, at the end

0:34:060:34:06

same punch lines but it falls flat, at the end of

0:34:060:34:06

same punch lines but it falls flat, at the end of a

0:34:060:34:06

same punch lines but it falls flat, at the end of a very

0:34:060:34:07

same punch lines but it falls flat, at the end of a very long

0:34:070:34:08

same punch lines but it falls flat, at the end of a very long sentence.

0:34:080:34:09

at the end of a very long sentence. Even

0:34:090:34:09

at the end of a very long sentence. Even here,

0:34:090:34:11

at the end of a very long sentence. Even here, alongside

0:34:110:34:12

at the end of a very long sentence. Even here, alongside the

0:34:120:34:12

at the end of a very long sentence. Even here, alongside the mirth

0:34:120:34:13

at the end of a very long sentence. Even here, alongside the mirth and

0:34:130:34:14

Even here, alongside the mirth and light-heartedness,

0:34:140:34:14

Even here, alongside the mirth and light-heartedness, Germany's

0:34:140:34:14

light-heartedness, Germany's history

0:34:140:34:15

light-heartedness, Germany's history comes

0:34:150:34:15

light-heartedness, Germany's history comes in.

0:34:150:34:15

light-heartedness, Germany's history comes in. There

0:34:150:34:16

light-heartedness, Germany's history comes in. There were

0:34:160:34:16

light-heartedness, Germany's history comes in. There were two

0:34:160:34:17

history comes in. There were two attempts

0:34:170:34:17

history comes in. There were two attempts to

0:34:170:34:18

history comes in. There were two attempts to rule

0:34:180:34:18

history comes in. There were two attempts to rule Europe,

0:34:180:34:18

history comes in. There were two attempts to rule Europe, and

0:34:180:34:18

history comes in. There were two attempts to rule Europe, and they

0:34:180:34:19

attempts to rule Europe, and they are

0:34:190:34:19

attempts to rule Europe, and they are like

0:34:190:34:20

attempts to rule Europe, and they are like coming

0:34:200:34:20

attempts to rule Europe, and they are like coming to

0:34:200:34:20

attempts to rule Europe, and they are like coming to Angela

0:34:200:34:20

attempts to rule Europe, and they are like coming to Angela Merkel

0:34:200:34:21

are like coming to Angela Merkel and

0:34:210:34:21

are like coming to Angela Merkel and saying

0:34:210:34:21

are like coming to Angela Merkel and saying rule

0:34:210:34:22

are like coming to Angela Merkel and saying rule us,

0:34:220:34:22

are like coming to Angela Merkel and saying rule us, and

0:34:220:34:23

are like coming to Angela Merkel and saying rule us, and she

0:34:230:34:23

are like coming to Angela Merkel and saying rule us, and she said

0:34:230:34:23

are like coming to Angela Merkel and saying rule us, and she said no,

0:34:230:34:24

and saying rule us, and she said no, we

0:34:240:34:24

and saying rule us, and she said no, we tried

0:34:240:34:25

and saying rule us, and she said no, we tried twice

0:34:250:34:26

and saying rule us, and she said no, we tried twice and

0:34:260:34:26

and saying rule us, and she said no, we tried twice and everyone

0:34:260:34:27

and saying rule us, and she said no, we tried twice and everyone became

0:34:270:34:27

we tried twice and everyone became bitchy!

0:34:270:34:28

we tried twice and everyone became bitchy! The

0:34:280:34:28

we tried twice and everyone became bitchy! The problem

0:34:280:34:28

we tried twice and everyone became bitchy! The problem is

0:34:280:34:29

we tried twice and everyone became bitchy! The problem is that

0:34:290:34:29

we tried twice and everyone became bitchy! The problem is that because

0:34:290:34:29

bitchy! The problem is that because we

0:34:290:34:29

bitchy! The problem is that because we are

0:34:290:34:29

bitchy! The problem is that because we are in

0:34:290:34:30

bitchy! The problem is that because we are in the

0:34:300:34:31

bitchy! The problem is that because we are in the leading

0:34:310:34:31

bitchy! The problem is that because we are in the leading role

0:34:310:34:31

bitchy! The problem is that because we are in the leading role again,

0:34:310:34:34

we are in the leading role again, is

0:34:340:34:34

we are in the leading role again, is that

0:34:340:34:35

we are in the leading role again, is that in

0:34:350:34:35

we are in the leading role again, is that in Germany

0:34:350:34:35

we are in the leading role again, is that in Germany when

0:34:350:34:36

we are in the leading role again, is that in Germany when they

0:34:360:34:36

we are in the leading role again, is that in Germany when they say

0:34:360:34:37

is that in Germany when they say let's

0:34:370:34:37

is that in Germany when they say let's do

0:34:370:34:37

is that in Germany when they say let's do this

0:34:370:34:37

is that in Germany when they say let's do this way

0:34:370:34:37

is that in Germany when they say let's do this way or

0:34:370:34:38

is that in Germany when they say let's do this way or that

0:34:380:34:38

is that in Germany when they say let's do this way or that way,

0:34:380:34:39

let's do this way or that way, again

0:34:390:34:39

let's do this way or that way, again there

0:34:390:34:39

let's do this way or that way, again there is

0:34:390:34:39

let's do this way or that way, again there is the

0:34:390:34:39

let's do this way or that way, again there is the connection

0:34:390:34:40

let's do this way or that way, again there is the connection with

0:34:400:34:40

again there is the connection with the

0:34:400:34:40

again there is the connection with the history.

0:34:400:34:41

again there is the connection with the history. You

0:34:410:34:42

again there is the connection with the history. You are

0:34:420:34:42

again there is the connection with the history. You are telling

0:34:420:34:43

again there is the connection with the history. You are telling us

0:34:430:34:43

the history. You are telling us what

0:34:430:34:43

the history. You are telling us what to.

0:34:430:34:43

the history. You are telling us what to. Do

0:34:430:34:43

the history. You are telling us what to. Do but

0:34:430:34:44

the history. You are telling us what to. Do but we

0:34:440:34:44

the history. You are telling us what to. Do but we say

0:34:440:34:44

the history. You are telling us what to. Do but we say we

0:34:440:34:44

the history. You are telling us what to. Do but we say we don't

0:34:440:34:45

what to. Do but we say we don't want

0:34:450:34:45

what to. Do but we say we don't want it.

0:34:450:34:46

what to. Do but we say we don't want it. But

0:34:460:34:46

what to. Do but we say we don't want it. But you

0:34:460:34:47

what to. Do but we say we don't want it. But you do

0:34:470:34:47

what to. Do but we say we don't want it. But you do Hitler

0:34:470:34:47

what to. Do but we say we don't want it. But you do Hitler jokes?

0:34:470:34:48

want it. But you do Hitler jokes? Hitler

0:34:480:34:48

want it. But you do Hitler jokes? Hitler jokes

0:34:480:34:48

want it. But you do Hitler jokes? Hitler jokes are

0:34:480:34:49

want it. But you do Hitler jokes? Hitler jokes are fine.

0:34:490:34:49

want it. But you do Hitler jokes? Hitler jokes are fine. Everybody

0:34:490:34:49

Hitler jokes are fine. Everybody can

0:34:490:34:50

Hitler jokes are fine. Everybody can laugh

0:34:500:34:50

Hitler jokes are fine. Everybody can laugh about

0:34:500:34:50

Hitler jokes are fine. Everybody can laugh about Hitler,

0:34:500:34:51

Hitler jokes are fine. Everybody can laugh about Hitler, he's

0:34:510:34:51

Hitler jokes are fine. Everybody can laugh about Hitler, he's like

0:34:510:34:51

can laugh about Hitler, he's like kind

0:34:510:34:52

can laugh about Hitler, he's like kind of

0:34:520:34:52

can laugh about Hitler, he's like kind of a

0:34:520:34:53

can laugh about Hitler, he's like kind of a comic

0:34:530:34:54

can laugh about Hitler, he's like kind of a comic character

0:34:540:34:54

can laugh about Hitler, he's like kind of a comic character already.

0:34:540:34:54

kind of a comic character already. But

0:34:540:34:55

kind of a comic character already. But to

0:34:550:34:56

kind of a comic character already. But to make

0:34:560:34:56

kind of a comic character already. But to make dark

0:34:560:34:57

kind of a comic character already. But to make dark jokes

0:34:570:34:57

kind of a comic character already. But to make dark jokes about

0:34:570:34:58

kind of a comic character already. But to make dark jokes about the

0:34:580:34:58

But to make dark jokes about the Third

0:34:580:34:58

But to make dark jokes about the Third Reich

0:34:580:34:59

But to make dark jokes about the Third Reich or

0:34:590:34:59

But to make dark jokes about the Third Reich or the

0:34:590:35:00

But to make dark jokes about the Third Reich or the Holocaust,

0:35:000:35:01

Third Reich or the Holocaust, that's

0:35:010:35:03

Third Reich or the Holocaust, that's a

0:35:030:35:03

Third Reich or the Holocaust, that's a bit,

0:35:030:35:07

Third Reich or the Holocaust, that's a bit, still...Still

0:35:070:35:08

Third Reich or the Holocaust, that's a bit, still...Still Too

0:35:080:35:08

that's a bit, still...Still Too soon?

0:35:080:35:08

that's a bit, still...Still Too soon? I

0:35:080:35:08

that's a bit, still...Still Too soon? I don't

0:35:080:35:09

that's a bit, still...Still Too soon? I don't know,

0:35:090:35:09

that's a bit, still...Still Too soon? I don't know, maybe

0:35:090:35:09

that's a bit, still...Still Too soon? I don't know, maybe still

0:35:090:35:11

that's a bit, still...Still Too soon? I don't know, maybe still too

0:35:110:35:11

soon? I don't know, maybe still too soon.

0:35:110:35:12

soon? I don't know, maybe still too soon. Historys

0:35:120:35:13

soon? I don't know, maybe still too soon. Historys hand-in-hand

0:35:130:35:13

soon? I don't know, maybe still too soon. Historys hand-in-hand with

0:35:130:35:14

soon. Historys hand-in-hand with German

0:35:140:35:14

soon. Historys hand-in-hand with German Chancellors,

0:35:140:35:14

soon. Historys hand-in-hand with German Chancellors, last

0:35:140:35:14

soon. Historys hand-in-hand with German Chancellors, last month

0:35:140:35:15

soon. Historys hand-in-hand with German Chancellors, last month in

0:35:150:35:16

soon. Historys hand-in-hand with the middle

0:35:160:35:16

soon. Historys hand-in-hand with the middle of

0:35:160:35:16

soon. Historys hand-in-hand with the middle of the

0:35:160:35:17

soon. Historys hand-in-hand with the middle of the election

0:35:170:35:17

soon. Historys hand-in-hand with the middle of the election campaign,

0:35:170:35:18

the middle of the election campaign, Angela

0:35:180:35:19

the middle of the election campaign, Angela Merkel

0:35:190:35:19

the middle of the election campaign, Angela Merkel went

0:35:190:35:20

the middle of the election campaign, Angela Merkel went to

0:35:200:35:20

the middle of the election campaign, Angela Merkel went to the

0:35:200:35:21

the middle of the election campaign, Angela Merkel went to the first

0:35:210:35:21

Angela Merkel went to the first concentration

0:35:210:35:22

Angela Merkel went to the first concentration camp

0:35:220:35:22

Angela Merkel went to the first concentration camp for

0:35:220:35:22

Angela Merkel went to the first concentration camp for Nazi

0:35:220:35:23

Angela Merkel went to the first concentration camp for Nazi Germany,

0:35:230:35:23

concentration camp for Nazi Germany, now

0:35:230:35:23

concentration camp for Nazi Germany, now a

0:35:230:35:24

concentration camp for Nazi Germany, now a memorial

0:35:240:35:24

concentration camp for Nazi Germany, now a memorial site.

0:35:240:35:24

concentration camp for Nazi Germany, now a memorial site. It

0:35:240:35:25

concentration camp for Nazi Germany, now a memorial site. It filled

0:35:250:35:25

concentration camp for Nazi Germany, now a memorial site. It filled her,

0:35:250:35:26

now a memorial site. It filled her, she

0:35:260:35:26

now a memorial site. It filled her, she said,

0:35:260:35:26

now a memorial site. It filled her, she said, with

0:35:260:35:26

now a memorial site. It filled her, she said, with deep

0:35:260:35:27

now a memorial site. It filled her, she said, with deep sadness

0:35:270:35:27

now a memorial site. It filled her, she said, with deep sadness and

0:35:270:35:27

she said, with deep sadness and shame.

0:35:270:35:29

she said, with deep sadness and shame. When

0:35:290:35:29

she said, with deep sadness and shame. When a

0:35:290:35:30

she said, with deep sadness and shame. When a German

0:35:300:35:31

she said, with deep sadness and shame. When a German Chancellor

0:35:310:35:31

shame. When a German Chancellor bows

0:35:310:35:33

shame. When a German Chancellor bows her

0:35:330:35:33

shame. When a German Chancellor bows her head

0:35:330:35:33

shame. When a German Chancellor bows her head at

0:35:330:35:33

shame. When a German Chancellor bows her head at the

0:35:330:35:34

shame. When a German Chancellor bows her head at the camp

0:35:340:35:34

shame. When a German Chancellor bows her head at the camp it

0:35:340:35:34

shame. When a German Chancellor bows her head at the camp it is

0:35:340:35:34

bows her head at the camp it is more

0:35:340:35:35

bows her head at the camp it is more than

0:35:350:35:35

bows her head at the camp it is more than an act

0:35:350:35:35

bows her head at the camp it is more than an act of

0:35:350:35:35

bows her head at the camp it is more than an act of contrition,

0:35:350:35:36

bows her head at the camp it is more than an act of contrition, it

0:35:360:35:36

more than an act of contrition, it is

0:35:360:35:37

more than an act of contrition, it is a

0:35:370:35:37

more than an act of contrition, it is a warning,

0:35:370:35:37

more than an act of contrition, it is a warning, it

0:35:370:35:37

more than an act of contrition, it is a warning, it says

0:35:370:35:38

more than an act of contrition, it is a warning, it says don't

0:35:380:35:38

more than an act of contrition, it is a warning, it says don't forget

0:35:380:35:38

is a warning, it says don't forget where

0:35:380:35:38

is a warning, it says don't forget where we

0:35:380:35:39

is a warning, it says don't forget where we came

0:35:390:35:39

is a warning, it says don't forget where we came from

0:35:390:35:39

is a warning, it says don't forget where we came from and

0:35:390:35:40

is a warning, it says don't forget where we came from and don't

0:35:400:35:40

is a warning, it says don't forget where we came from and don't take

0:35:400:35:40

where we came from and don't take the

0:35:400:35:41

where we came from and don't take the miraculous

0:35:410:35:41

where we came from and don't take the miraculous transformation

0:35:410:35:41

where we came from and don't take the miraculous transformation of

0:35:410:35:42

the miraculous transformation of Germany

0:35:420:35:42

the miraculous transformation of Germany for

0:35:420:35:42

the miraculous transformation of Germany for granted.

0:35:420:35:43

the miraculous transformation of Germany for granted. Remember

0:35:430:35:43

the miraculous transformation of Germany for granted. Remember it

0:35:430:35:43

Germany for granted. Remember it was

0:35:430:35:43

Germany for granted. Remember it was only

0:35:430:35:44

Germany for granted. Remember it was only made

0:35:440:35:44

Germany for granted. Remember it was only made possible

0:35:440:35:44

Germany for granted. Remember it was only made possible because

0:35:440:35:44

Germany for granted. Remember it was only made possible because in

0:35:440:35:45

was only made possible because in the

0:35:450:35:45

was only made possible because in the decades

0:35:450:35:46

was only made possible because in the decades after

0:35:460:35:46

was only made possible because in the decades after the

0:35:460:35:46

was only made possible because in the decades after the war,

0:35:460:35:47

was only made possible because in the decades after the war, Germany

0:35:470:35:47

was only made possible because in was drawn

0:35:470:35:48

was only made possible because in was drawn by

0:35:480:35:48

was only made possible because in was drawn by its

0:35:480:35:49

was only made possible because in was drawn by its neighbours

0:35:490:35:49

was only made possible because in was drawn by its neighbours into

0:35:490:35:49

was drawn by its neighbours into the

0:35:490:35:49

was drawn by its neighbours into the European

0:35:490:35:50

was drawn by its neighbours into the European mainstream.

0:35:500:35:52

was drawn by its neighbours into the European mainstream. The

0:35:520:35:52

the European mainstream. The process

0:35:520:35:53

the European mainstream. The process of

0:35:530:35:53

the European mainstream. The process of European

0:35:530:35:54

the European mainstream. The process of European integration

0:35:540:35:54

process of European integration helped

0:35:540:35:54

process of European integration helped deliver

0:35:540:35:55

process of European integration helped deliver Germany

0:35:550:35:55

process of European integration helped deliver Germany from

0:35:550:35:56

process of European integration helped deliver Germany from the

0:35:560:35:56

helped deliver Germany from the nightmare,

0:35:560:35:57

helped deliver Germany from the nightmare, it

0:35:570:35:57

helped deliver Germany from the nightmare, it helped

0:35:570:35:57

helped deliver Germany from the nightmare, it helped make

0:35:570:35:58

helped deliver Germany from the nightmare, it helped make Germany

0:35:580:35:59

helped deliver Germany from the nightmare, it helped make Germany a

0:35:590:35:59

nightmare, it helped make Germany a normal

0:35:590:36:00

nightmare, it helped make Germany a normal European

0:36:000:36:00

nightmare, it helped make Germany a normal European democracy.

0:36:000:36:01

nightmare, it helped make Germany a normal European democracy. It

0:36:010:36:01

normal European democracy. It Europeanised

0:36:010:36:02

normal European democracy. It Europeanised Germany,

0:36:020:36:02

normal European democracy. It Europeanised Germany, that

0:36:020:36:02

normal European democracy. It Europeanised Germany, that was

0:36:020:36:03

normal European democracy. It Europeanised Germany, that was the

0:36:030:36:03

Europeanised Germany, that was the whole

0:36:030:36:03

Europeanised Germany, that was the whole point.

0:36:030:36:07

Europeanised Germany, that was the whole point. It

0:36:070:36:07

Europeanised Germany, that was the whole point. It is

0:36:070:36:07

Europeanised Germany, that was the whole point. It is strike

0:36:070:36:08

Europeanised Germany, that was the whole point. It is strike anything

0:36:080:36:08

whole point. It is strike anything this

0:36:080:36:08

whole point. It is strike anything this lacklustre

0:36:080:36:09

whole point. It is strike anything this lacklustre election

0:36:090:36:09

whole point. It is strike anything this lacklustre election campaign,

0:36:090:36:10

this lacklustre election campaign, the

0:36:100:36:10

this lacklustre election campaign, the question

0:36:100:36:11

this lacklustre election campaign, the question of

0:36:110:36:11

this lacklustre election campaign, the question of Germany's

0:36:110:36:12

this lacklustre election campaign, the question of Germany's reluctant

0:36:120:36:12

the question of Germany's reluctant leadership

0:36:120:36:12

the question of Germany's reluctant leadership in

0:36:120:36:12

the question of Germany's reluctant leadership in Europe

0:36:120:36:13

the question of Germany's reluctant leadership in Europe has

0:36:130:36:13

the question of Germany's reluctant leadership in Europe has scarcely

0:36:130:36:13

leadership in Europe has scarcely figured.

0:36:130:36:14

leadership in Europe has scarcely figured. It

0:36:140:36:14

leadership in Europe has scarcely figured. It is

0:36:140:36:14

leadership in Europe has scarcely figured. It is partly

0:36:140:36:14

leadership in Europe has scarcely figured. It is partly because

0:36:140:36:15

leadership in Europe has scarcely figured. It is partly because there

0:36:150:36:15

figured. It is partly because there is

0:36:150:36:15

figured. It is partly because there is no

0:36:150:36:15

figured. It is partly because there is no disagreement

0:36:150:36:15

figured. It is partly because there is no disagreement between

0:36:150:36:16

figured. It is partly because there is no disagreement between the

0:36:160:36:16

is no disagreement between the parties.

0:36:160:36:16

is no disagreement between the parties. But

0:36:160:36:17

is no disagreement between the parties. But it

0:36:170:36:17

is no disagreement between the parties. But it is

0:36:170:36:17

is no disagreement between the parties. But it is also

0:36:170:36:18

is no disagreement between the parties. But it is also a

0:36:180:36:18

is no disagreement between the parties. But it is also a measure

0:36:180:36:18

parties. But it is also a measure of

0:36:180:36:19

parties. But it is also a measure of how

0:36:190:36:19

parties. But it is also a measure of how uncomfortable

0:36:190:36:19

parties. But it is also a measure of how uncomfortable Germans

0:36:190:36:20

parties. But it is also a measure of how uncomfortable Germans are

0:36:200:36:20

of how uncomfortable Germans are with

0:36:200:36:20

of how uncomfortable Germans are with the

0:36:200:36:20

of how uncomfortable Germans are with the very

0:36:200:36:21

of how uncomfortable Germans are with the very thought

0:36:210:36:21

of how uncomfortable Germans are with the very thought of

0:36:210:36:21

of how uncomfortable Germans are with the very thought of it.

0:36:210:36:21

of how uncomfortable Germans are with the very thought of it. That

0:36:210:36:21

with the very thought of it. That there

0:36:210:36:22

with the very thought of it. That there is

0:36:220:36:22

with the very thought of it. That there is so

0:36:220:36:22

with the very thought of it. That there is so little

0:36:220:36:23

with the very thought of it. That there is so little public

0:36:230:36:23

there is so little public discussion

0:36:230:36:23

there is so little public discussion of

0:36:230:36:23

there is so little public discussion of it.

0:36:230:36:28

there is so little public discussion of it. In

0:36:280:36:28

there is so little public discussion of it. In Germany

0:36:280:36:29

there is so little public discussion of it. In Germany the

0:36:290:36:29

discussion of it. In Germany the past

0:36:290:36:29

discussion of it. In Germany the past still shapes the

0:36:290:36:30

discussion of it. In Germany the past still shapes the present,

0:36:300:36:30

past still shapes the present, history

0:36:300:36:30

past still shapes the present, history is

0:36:300:36:31

past still shapes the present, history is the

0:36:310:36:31

past still shapes the present, history is the unseen

0:36:310:36:32

past still shapes the present, history is the unseen guest

0:36:320:36:32

past still shapes the present, history is the unseen guest at

0:36:320:36:32

history is the unseen guest at every

0:36:320:36:34

history is the unseen guest at every conference

0:36:340:36:34

history is the unseen guest at every conference table.

0:36:340:36:35

history is the unseen guest at every conference table. Germany's

0:36:350:36:35

every conference table. Germany's northern

0:36:350:36:35

every conference table. Germany's northern European

0:36:350:36:36

every conference table. Germany's northern European neighbours

0:36:360:36:36

every conference table. Germany's northern European neighbours want

0:36:360:36:36

northern European neighbours want Germany

0:36:360:36:37

northern European neighbours want Germany to

0:36:370:36:37

northern European neighbours want Germany to lead

0:36:370:36:37

northern European neighbours want Germany to lead Europe

0:36:370:36:37

northern European neighbours want Germany to lead Europe out

0:36:370:36:37

northern European neighbours want Germany to lead Europe out of

0:36:370:36:38

northern European neighbours want Germany to lead Europe out of the

0:36:380:36:38

Germany to lead Europe out of the current

0:36:380:36:38

Germany to lead Europe out of the current crisis

0:36:380:36:38

Germany to lead Europe out of the current crisis S

0:36:380:36:39

Germany to lead Europe out of the current crisis S but

0:36:390:36:39

Germany to lead Europe out of the current crisis S but Germany,

0:36:390:36:40

Germany to lead Europe out of the current crisis S but Germany, for

0:36:400:36:40

current crisis S but Germany, for reasons

0:36:400:36:40

current crisis S but Germany, for reasons of

0:36:400:36:41

current crisis S but Germany, for reasons of history

0:36:410:36:41

current crisis S but Germany, for reasons of history is

0:36:410:36:41

current crisis S but Germany, for reasons of history is nervous

0:36:410:36:41

current crisis S but Germany, for reasons of history is nervous about

0:36:410:36:41

reasons of history is nervous about leading.

0:36:410:36:44

leading. The

0:36:440:36:45

leading. The Germans

0:36:450:36:45

leading. The Germans had

0:36:450:36:46

leading. The Germans had always

0:36:460:36:46

leading. The Germans had always been

0:36:460:36:47

leading. The Germans had always been told

0:36:470:36:48

The Germans had always been told after

0:36:480:36:48

The Germans had always been told after World

0:36:480:36:48

The Germans had always been told after World War

0:36:480:36:48

The Germans had always been told after World War II,

0:36:480:36:48

The Germans had always been told after World War II, please

0:36:480:36:50

The Germans had always been told after World War II, please be

0:36:500:36:51

after World War II, please be reticent,

0:36:510:36:52

after World War II, please be reticent, be

0:36:520:36:52

after World War II, please be reticent, be modest.

0:36:520:36:53

after World War II, please be reticent, be modest. Which

0:36:530:36:54

after World War II, please be reticent, be modest. Which means

0:36:540:36:54

reticent, be modest. Which means for

0:36:540:36:54

reticent, be modest. Which means for the

0:36:540:36:54

reticent, be modest. Which means for the Germans

0:36:540:36:54

reticent, be modest. Which means for the Germans did

0:36:540:36:54

reticent, be modest. Which means for the Germans did not

0:36:540:36:55

reticent, be modest. Which means for the Germans did not learn

0:36:550:36:56

reticent, be modest. Which means for the Germans did not learn to

0:36:560:36:56

for the Germans did not learn to lead.

0:36:560:36:57

for the Germans did not learn to lead. Therefore

0:36:570:36:57

for the Germans did not learn to lead. Therefore you

0:36:570:36:58

for the Germans did not learn to lead. Therefore you see

0:36:580:36:58

for the Germans did not learn to lead. Therefore you see these

0:36:580:36:58

for the Germans did not learn to lead. Therefore you see these two

0:36:580:36:59

lead. Therefore you see these two extremes

0:36:590:37:00

lead. Therefore you see these two extremes somewhere

0:37:000:37:00

lead. Therefore you see these two extremes somewhere on

0:37:000:37:00

lead. Therefore you see these two extremes somewhere on the

0:37:000:37:00

lead. Therefore you see these two extremes somewhere on the one

0:37:000:37:03

lead. Therefore you see these two extremes somewhere on the one hand

0:37:030:37:03

extremes somewhere on the one hand they

0:37:030:37:03

extremes somewhere on the one hand they show

0:37:030:37:03

extremes somewhere on the one hand they show to

0:37:030:37:04

extremes somewhere on the one hand they show to the

0:37:040:37:04

extremes somewhere on the one hand they show to the others

0:37:040:37:04

extremes somewhere on the one hand they show to the others what

0:37:040:37:05

extremes somewhere on the one hand they show to the others what they

0:37:050:37:05

they show to the others what they can,

0:37:050:37:05

they show to the others what they can, and

0:37:050:37:06

they show to the others what they can, and on

0:37:060:37:06

they show to the others what they can, and on the

0:37:060:37:07

they show to the others what they can, and on the other

0:37:070:37:07

they show to the others what they can, and on the other hand,

0:37:070:37:08

can, and on the other hand, especially

0:37:080:37:09

can, and on the other hand, especially in

0:37:090:37:09

can, and on the other hand, especially in foreign

0:37:090:37:09

can, and on the other hand, especially in foreign policy

0:37:090:37:10

can, and on the other hand, especially in foreign policy and

0:37:100:37:10

especially in foreign policy and military

0:37:100:37:10

especially in foreign policy and military the

0:37:100:37:11

especially in foreign policy and military the Germans

0:37:110:37:11

especially in foreign policy and military the Germans have

0:37:110:37:12

especially in foreign policy and military the Germans have this

0:37:120:37:12

especially in foreign policy and tendency to

0:37:120:37:12

especially in foreign policy and tendency to be

0:37:120:37:13

especially in foreign policy and tendency to be totally

0:37:130:37:13

especially in foreign policy and tendency to be totally reserved.

0:37:130:37:29

tendency to be totally reserved. A

0:37:290:37:30

tendency to be totally reserved. A driving

0:37:300:37:30

tendency to be totally reserved. A driving economy

0:37:300:37:30

tendency to be totally reserved. A driving economy with

0:37:300:37:31

tendency to be totally reserved. A driving economy with industry at

0:37:310:37:31

A driving economy with industry at its

0:37:310:37:31

A driving economy with industry at its heart

0:37:310:37:32

A driving economy with industry at its heart is

0:37:320:37:32

A driving economy with industry at its heart is the

0:37:320:37:32

A driving economy with industry at its heart is the source

0:37:320:37:32

A driving economy with industry at its heart is the source of

0:37:320:37:33

A driving economy with industry at its heart is the source of the

0:37:330:37:33

its heart is the source of the leadership

0:37:330:37:33

its heart is the source of the leadership role

0:37:330:37:34

its heart is the source of the leadership role thrust

0:37:340:37:34

its heart is the source of the leadership role thrust on

0:37:340:37:35

its heart is the source of the leadership role thrust on Germany

0:37:350:37:35

leadership role thrust on Germany unbiden.

0:37:350:37:39

leadership role thrust on Germany unbiden. This

0:37:390:37:39

leadership role thrust on Germany unbiden. This is Car City

0:37:390:37:39

leadership role thrust on Germany unbiden. This is Car City at

0:37:390:37:39

leadership role thrust on Germany unbiden. This is Car City at the

0:37:390:37:40

unbiden. This is Car City at the Volkswagen

0:37:400:37:40

unbiden. This is Car City at the Volkswagen plant,

0:37:400:37:41

unbiden. This is Car City at the Volkswagen plant, it

0:37:410:37:41

unbiden. This is Car City at the Volkswagen plant, it is

0:37:410:37:41

unbiden. This is Car City at the Volkswagen plant, it is a

0:37:410:37:43

unbiden. This is Car City at the Volkswagen plant, it is a high-tech

0:37:430:37:43

Volkswagen plant, it is a high-tech vending

0:37:430:37:44

Volkswagen plant, it is a high-tech vending machine

0:37:440:37:45

Volkswagen plant, it is a high-tech vending machine that

0:37:450:37:45

Volkswagen plant, it is a high-tech vending machine that spits

0:37:450:37:46

Volkswagen plant, it is a high-tech vending machine that spits out

0:37:460:37:46

Volkswagen plant, it is a high-tech vending machine that spits out cars.

0:37:460:37:47

vending machine that spits out cars. Volkswagen

0:37:470:37:47

vending machine that spits out cars. Volkswagen make

0:37:470:37:48

vending machine that spits out cars. Volkswagen make 4,000

0:37:480:37:48

vending machine that spits out cars. Volkswagen make 4,000 cars

0:37:480:37:49

vending machine that spits out cars. Volkswagen make 4,000 cars a

0:37:490:37:49

vending machine that spits out cars. Volkswagen make 4,000 cars a day

0:37:490:37:49

Volkswagen make 4,000 cars a day here.

0:37:490:37:53

Volkswagen make 4,000 cars a day here. 15

0:37:530:37:53

Volkswagen make 4,000 cars a day here. 15 years

0:37:530:37:54

Volkswagen make 4,000 cars a day here. 15 years ago

0:37:540:37:54

Volkswagen make 4,000 cars a day here. 15 years ago Germany

0:37:540:37:54

Volkswagen make 4,000 cars a day here. 15 years ago Germany was

0:37:540:37:54

Volkswagen make 4,000 cars a day here. 15 years ago Germany was the

0:37:540:37:54

here. 15 years ago Germany was the sick

0:37:540:37:55

here. 15 years ago Germany was the sick man

0:37:550:37:56

here. 15 years ago Germany was the sick man of

0:37:560:37:56

here. 15 years ago Germany was the sick man of Europe,

0:37:560:37:56

here. 15 years ago Germany was the sick man of Europe, but

0:37:560:37:57

here. 15 years ago Germany was the sick man of Europe, but it

0:37:570:37:58

here. 15 years ago Germany was the implemented painful

0:37:580:37:58

here. 15 years ago Germany was the implemented painful and

0:37:580:37:58

here. 15 years ago Germany was the implemented painful and unpopular

0:37:580:37:59

implemented painful and unpopular labour

0:37:590:38:00

implemented painful and unpopular labour market

0:38:000:38:00

implemented painful and unpopular labour market reforms.

0:38:000:38:00

implemented painful and unpopular labour market reforms. Now

0:38:000:38:01

labour market reforms. Now Germany's

0:38:010:38:02

labour market reforms. Now Germany's unemployment

0:38:020:38:02

labour market reforms. Now Germany's unemployment is

0:38:020:38:02

labour market reforms. Now Germany's unemployment is less

0:38:020:38:02

labour market reforms. Now Germany's unemployment is less than

0:38:020:38:03

Germany's unemployment is less than half

0:38:030:38:03

Germany's unemployment is less than half the

0:38:030:38:03

Germany's unemployment is less than half the European

0:38:030:38:04

Germany's unemployment is less than half the European average.

0:38:040:38:05

Germany's unemployment is less than half the European average. Its

0:38:050:38:05

half the European average. Its books

0:38:050:38:05

half the European average. Its books are

0:38:050:38:05

half the European average. Its books are balanced

0:38:050:38:06

half the European average. Its books are balanced and

0:38:060:38:06

half the European average. Its books are balanced and the

0:38:060:38:06

half the European average. Its books are balanced and the national

0:38:060:38:06

books are balanced and the national debt

0:38:060:38:06

books are balanced and the national debt is

0:38:060:38:08

books are balanced and the national debt is actually

0:38:080:38:08

books are balanced and the national debt is actually falling.

0:38:080:38:12

debt is actually falling. All

0:38:120:38:12

debt is actually falling. All this

0:38:120:38:13

debt is actually falling. All this without

0:38:130:38:13

debt is actually falling. All this without quantative

0:38:130:38:13

debt is actually falling. All this without quantative easing.

0:38:130:38:13

All this without quantative easing. Without

0:38:130:38:14

All this without quantative easing. Without printing

0:38:140:38:15

All this without quantative easing. Without printing money

0:38:150:38:15

All this without quantative easing. Without printing money to

0:38:150:38:15

All this without quantative easing. Without printing money to meet

0:38:150:38:17

All this without quantative easing. Without printing money to meet the

0:38:170:38:17

Without printing money to meet the crisis.

0:38:170:38:17

Without printing money to meet the crisis. For

0:38:170:38:17

Without printing money to meet the crisis. For Germans

0:38:170:38:17

Without printing money to meet the crisis. For Germans know

0:38:170:38:18

Without printing money to meet the crisis. For Germans know that

0:38:180:38:18

Without printing money to meet the crisis. For Germans know that this

0:38:180:38:18

crisis. For Germans know that this great

0:38:180:38:19

crisis. For Germans know that this great engine

0:38:190:38:19

crisis. For Germans know that this great engine of

0:38:190:38:19

crisis. For Germans know that this great engine of wealth

0:38:190:38:20

crisis. For Germans know that this great engine of wealth creation

0:38:200:38:20

crisis. For Germans know that this great engine of wealth creation was

0:38:200:38:21

great engine of wealth creation was constructed

0:38:210:38:21

great engine of wealth creation was constructed on

0:38:210:38:21

great engine of wealth creation was constructed on the

0:38:210:38:22

great engine of wealth creation was constructed on the solid

0:38:220:38:22

great engine of wealth creation was constructed on the solid foundation

0:38:220:38:22

constructed on the solid foundation of

0:38:220:38:23

constructed on the solid foundation of a

0:38:230:38:23

constructed on the solid foundation of a strong

0:38:230:38:24

constructed on the solid foundation of a strong and

0:38:240:38:24

constructed on the solid foundation of a strong and stable

0:38:240:38:25

constructed on the solid foundation of a strong and stable currency.

0:38:250:38:26

of a strong and stable currency. The

0:38:260:38:26

of a strong and stable currency. The mighty

0:38:260:38:26

of a strong and stable currency. The mighty Deutschmark.

0:38:260:38:28

of a strong and stable currency. The mighty Deutschmark. Currency

0:38:280:38:29

The mighty Deutschmark. Currency stability

0:38:290:38:29

The mighty Deutschmark. Currency stability is

0:38:290:38:29

The mighty Deutschmark. Currency stability is close

0:38:290:38:29

The mighty Deutschmark. Currency stability is close to

0:38:290:38:30

The mighty Deutschmark. Currency stability is close to a

0:38:300:38:30

The mighty Deutschmark. Currency stability is close to a religion

0:38:300:38:30

stability is close to a religion here.

0:38:300:38:30

stability is close to a religion here. The

0:38:300:38:31

stability is close to a religion here. The Deutschmark,

0:38:310:38:31

stability is close to a religion here. The Deutschmark, more

0:38:310:38:32

stability is close to a religion here. The Deutschmark, more than

0:38:320:38:32

here. The Deutschmark, more than anything,

0:38:320:38:34

here. The Deutschmark, more than anything, was

0:38:340:38:35

here. The Deutschmark, more than anything, was Germany's

0:38:350:38:35

here. The Deutschmark, more than anything, was Germany's redemption

0:38:350:38:35

anything, was Germany's redemption from

0:38:350:38:35

anything, was Germany's redemption from the

0:38:350:38:36

anything, was Germany's redemption from the nightmare

0:38:360:38:36

anything, was Germany's redemption from the nightmare years.

0:38:360:38:37

anything, was Germany's redemption from the nightmare years. For

0:38:370:38:37

from the nightmare years. For Germans,

0:38:370:38:37

from the nightmare years. For Germans, inflating

0:38:370:38:37

from the nightmare years. For Germans, inflating your

0:38:370:38:37

from the nightmare years. For Germans, inflating your way

0:38:370:38:38

from the nightmare years. For Germans, inflating your way out

0:38:380:38:38

from the nightmare years. For Germans, inflating your way out of

0:38:380:38:38

Germans, inflating your way out of a

0:38:380:38:39

Germans, inflating your way out of a crisis

0:38:390:38:39

Germans, inflating your way out of a crisis is

0:38:390:38:40

Germans, inflating your way out of a crisis is not

0:38:400:38:40

Germans, inflating your way out of a crisis is not an

0:38:400:38:40

Germans, inflating your way out of a crisis is not an option.

0:38:400:38:41

Germans, inflating your way out of a crisis is not an option. Why?

0:38:410:38:42

a crisis is not an option. Why? History

0:38:420:38:42

a crisis is not an option. Why? History again.

0:38:420:38:43

a crisis is not an option. Why? History again. Now

0:38:430:38:45

a crisis is not an option. Why? History again. Now we

0:38:450:38:45

a crisis is not an option. Why? History again. Now we are

0:38:450:38:45

a crisis is not an option. Why? History again. Now we are talking

0:38:450:38:46

History again. Now we are talking about

0:38:460:38:46

History again. Now we are talking about the

0:38:460:38:46

History again. Now we are talking about the his

0:38:460:38:46

History again. Now we are talking about the his tro

0:38:460:38:47

History again. Now we are talking about the his tro of

0:38:470:38:48

History again. Now we are talking about the his tro of hyperinflation

0:38:480:38:48

about the his tro of hyperinflation in

0:38:480:38:48

about the his tro of hyperinflation in Germany

0:38:480:38:49

about the his tro of hyperinflation in Germany in

0:38:490:38:49

about the his tro of hyperinflation in Germany in the

0:38:490:38:51

about the his tro of hyperinflation in Germany in the early

0:38:510:38:51

about the his tro of hyperinflation in Germany in the early 1920s.

0:38:510:38:52

about the his tro of hyperinflation in Germany in the early 1920s. That

0:38:520:38:52

in Germany in the early 1920s. That is

0:38:520:38:52

in Germany in the early 1920s. That is still

0:38:520:38:53

in Germany in the early 1920s. That is still very

0:38:530:38:53

in Germany in the early 1920s. That is still very much

0:38:530:38:53

in Germany in the early 1920s. That is still very much in

0:38:530:38:54

in Germany in the early 1920s. That is still very much in the

0:38:540:38:54

in Germany in the early 1920s. That is still very much in the behinds

0:38:540:38:55

is still very much in the behinds of

0:38:550:38:55

is still very much in the behinds of Germans.

0:38:550:38:55

is still very much in the behinds of Germans. This

0:38:550:38:56

is still very much in the behinds of Germans. This is

0:38:560:38:56

is still very much in the behinds of Germans. This is an

0:38:560:38:56

is still very much in the behinds of Germans. This is an angst

0:38:560:38:56

is still very much in the behinds of Germans. This is an angst which

0:38:560:39:04

of Germans. This is an angst which is

0:39:040:39:05

of Germans. This is an angst which is particularly

0:39:050:39:05

of Germans. This is an angst which is particularly German,

0:39:050:39:06

of Germans. This is an angst which is particularly German, it

0:39:060:39:06

of Germans. This is an angst which is particularly German, it is

0:39:060:39:06

is particularly German, it is surprising

0:39:060:39:07

is particularly German, it is surprising after

0:39:070:39:07

is particularly German, it is surprising after 100

0:39:070:39:07

is particularly German, it is surprising after 100 years

0:39:070:39:07

is particularly German, it is surprising after 100 years it

0:39:070:39:07

is particularly German, it is surprising after 100 years it still

0:39:070:39:08

surprising after 100 years it still plays

0:39:080:39:09

surprising after 100 years it still plays a

0:39:090:39:09

surprising after 100 years it still plays a role.

0:39:090:39:10

surprising after 100 years it still plays a role. Not

0:39:100:39:10

surprising after 100 years it still plays a role. Not all

0:39:100:39:10

surprising after 100 years it still plays a role. Not all Germans

0:39:100:39:10

plays a role. Not all Germans believed

0:39:100:39:10

plays a role. Not all Germans believed in

0:39:100:39:11

plays a role. Not all Germans believed in God but

0:39:110:39:12

plays a role. Not all Germans believed in God but we

0:39:120:39:12

plays a role. Not all Germans believed in God but we all

0:39:120:39:12

plays a role. Not all Germans believed in God but we all believed

0:39:120:39:12

believed in God but we all believed in

0:39:120:39:13

believed in God but we all believed in the

0:39:130:39:13

believed in God but we all believed in the Bundesbank.

0:39:130:39:14

believed in God but we all believed in the Bundesbank. So

0:39:140:39:14

believed in God but we all believed in the Bundesbank. So Germany's

0:39:140:39:14

in the Bundesbank. So Germany's wealth

0:39:140:39:14

in the Bundesbank. So Germany's wealth has

0:39:140:39:15

in the Bundesbank. So Germany's wealth has put

0:39:150:39:15

in the Bundesbank. So Germany's wealth has put her

0:39:150:39:16

in the Bundesbank. So Germany's wealth has put her reluctantly

0:39:160:39:17

in the Bundesbank. So Germany's wealth has put her reluctantly in

0:39:170:39:17

in the Bundesbank. So Germany's the European

0:39:170:39:17

in the Bundesbank. So Germany's the European driving

0:39:170:39:17

in the Bundesbank. So Germany's the European driving seat.

0:39:170:39:21

the European driving seat. Volkswagen's

0:39:210:39:21

the European driving seat. Volkswagen's all-terrain

0:39:210:39:22

the European driving seat. Volkswagen's all-terrain vehicle

0:39:220:39:22

Volkswagen's all-terrain vehicle course

0:39:220:39:22

Volkswagen's all-terrain vehicle course is

0:39:220:39:24

Volkswagen's all-terrain vehicle course is a

0:39:240:39:24

Volkswagen's all-terrain vehicle course is a bumpy,

0:39:240:39:27

Volkswagen's all-terrain vehicle course is a bumpy, hazardous

0:39:270:39:27

Volkswagen's all-terrain vehicle course is a bumpy, hazardous road.

0:39:270:39:29

course is a bumpy, hazardous road. And

0:39:290:39:29

course is a bumpy, hazardous road. And an

0:39:290:39:29

course is a bumpy, hazardous road. And an elegant

0:39:290:39:30

course is a bumpy, hazardous road. And an elegant metaphor

0:39:300:39:30

course is a bumpy, hazardous road. And an elegant metaphor to

0:39:300:39:30

course is a bumpy, hazardous road. And an elegant metaphor to the

0:39:300:39:30

course is a bumpy, hazardous road. And an elegant metaphor to the path

0:39:300:39:31

And an elegant metaphor to the path that

0:39:310:39:31

And an elegant metaphor to the path that Germany

0:39:310:39:33

And an elegant metaphor to the path that Germany must

0:39:330:39:33

And an elegant metaphor to the path that Germany must steer

0:39:330:39:33

And an elegant metaphor to the path that Germany must steer to

0:39:330:39:33

And an elegant metaphor to the path that Germany must steer to return

0:39:330:39:34

And an elegant metaphor to the path the eurozone

0:39:340:39:34

And an elegant metaphor to the path the eurozone to

0:39:340:39:35

And an elegant metaphor to the path the eurozone to safety.

0:39:350:39:35

And an elegant metaphor to the path the eurozone to safety. You

0:39:350:39:35

And an elegant metaphor to the path the eurozone to safety. You don't

0:39:350:39:36

the eurozone to safety. You don't learn

0:39:360:39:36

the eurozone to safety. You don't learn this

0:39:360:39:36

the eurozone to safety. You don't learn this overnight,

0:39:360:39:37

the eurozone to safety. You don't learn this overnight, look

0:39:370:39:37

the eurozone to safety. You don't learn this overnight, look Britain,

0:39:370:39:37

learn this overnight, look Britain, how

0:39:370:39:38

learn this overnight, look Britain, how much

0:39:380:39:38

learn this overnight, look Britain, how much time

0:39:380:39:38

learn this overnight, look Britain, how much time it

0:39:380:39:38

learn this overnight, look Britain, how much time it has

0:39:380:39:38

learn this overnight, look Britain, how much time it has needed

0:39:380:39:39

learn this overnight, look Britain, how much time it has needed to

0:39:390:39:39

how much time it has needed to learn

0:39:390:39:40

how much time it has needed to learn this

0:39:400:39:40

how much time it has needed to learn this role.

0:39:400:39:40

how much time it has needed to learn this role. Because

0:39:400:39:41

how much time it has needed to learn this role. Because it

0:39:410:39:41

how much time it has needed to learn this role. Because it has

0:39:410:39:45

learn this role. Because it has lost

0:39:450:39:45

learn this role. Because it has lost it's

0:39:450:39:46

learn this role. Because it has lost it's past

0:39:460:39:46

learn this role. Because it has lost it's past role.

0:39:460:39:47

learn this role. Because it has lost it's past role. Therefore

0:39:470:39:47

learn this role. Because it has lost it's past role. Therefore you

0:39:470:39:47

lost it's past role. Therefore you see

0:39:470:39:48

lost it's past role. Therefore you see a

0:39:480:39:49

lost it's past role. Therefore you see a certain

0:39:490:39:50

lost it's past role. Therefore you see a certain crisis

0:39:500:39:50

lost it's past role. Therefore you see a certain crisis of

0:39:500:39:50

lost it's past role. Therefore you see a certain crisis of identity,

0:39:500:39:50

see a certain crisis of identity, of

0:39:500:39:51

see a certain crisis of identity, of Britain

0:39:510:39:51

see a certain crisis of identity, of Britain today.

0:39:510:39:53

see a certain crisis of identity, of Britain today. The

0:39:530:39:53

see a certain crisis of identity, of Britain today. The Germans

0:39:530:39:54

see a certain crisis of identity, of Britain today. The Germans and

0:39:540:39:54

of Britain today. The Germans and the

0:39:540:39:54

of Britain today. The Germans and the French

0:39:540:39:55

of Britain today. The Germans and the French go

0:39:550:39:56

of Britain today. The Germans and the French go through

0:39:560:39:56

of Britain today. The Germans and the French go through the

0:39:560:39:57

of Britain today. The Germans and the French go through the same

0:39:570:39:57

the French go through the same experience.

0:39:570:39:57

the French go through the same experience. The

0:39:570:39:58

the French go through the same experience. The Germans

0:39:580:39:58

the French go through the same experience. The Germans too.

0:39:580:40:00

the French go through the same experience. The Germans too. This

0:40:000:40:00

experience. The Germans too. This is

0:40:000:40:01

experience. The Germans too. This is one

0:40:010:40:01

experience. The Germans too. This is one of

0:40:010:40:01

experience. The Germans too. This is one of our

0:40:010:40:02

experience. The Germans too. This is one of our problems is

0:40:020:40:02

experience. The Germans too. This is one of our problems is the

0:40:020:40:02

experience. The Germans too. This is one of our problems is the sort

0:40:020:40:02

is one of our problems is the sort of

0:40:020:40:03

is one of our problems is the sort of crisis

0:40:030:40:03

is one of our problems is the sort of crisis of

0:40:030:40:03

is one of our problems is the sort of crisis of identity.

0:40:030:42:39

is one of our problems is the sort of crisis of identity. I look

0:42:390:42:39

is one of our problems is the sort of crisis of identity. I look right

0:42:390:42:40

of crisis of identity. I look right at

0:42:400:42:40

of crisis of identity. I look right at him

0:42:400:42:40

of crisis of identity. I look right at him and

0:42:400:42:40

of crisis of identity. I look right at him and I

0:42:400:42:42

of crisis of identity. I look right at him and I go,

0:42:420:42:42

of crisis of identity. I look right at him and I go, you

0:42:420:42:42

of crisis of identity. I look right at him and I go, you don't

0:42:420:42:42

of crisis of identity. I look right at him and I go, you don't do

0:42:420:42:43

of crisis of identity. I look right at him and I go, you don't do this!

0:42:430:42:45

at him and I go, you don't do this! Are

0:42:450:42:45

at him and I go, you don't do this! Are you

0:42:450:42:45

at him and I go, you don't do this! Are you seeing

0:42:450:42:45

at him and I go, you don't do this! Are you seeing this?

0:42:450:42:52

at him and I go, you don't do this! Are you seeing this? Or

0:42:520:42:52

at him and I go, you don't do this! Are you seeing this? Or like

0:42:520:42:52

at him and I go, you don't do this! Are you seeing this? Or like on

0:42:520:42:52

at him and I go, you don't do this! Are you seeing this? Or like on the

0:42:520:42:53

Are you seeing this? Or like on the bike

0:42:530:42:53

Are you seeing this? Or like on the bike path,

0:42:530:42:53

Are you seeing this? Or like on the bike path, you

0:42:530:42:54

Are you seeing this? Or like on the bike path, you know

0:42:540:42:54

Are you seeing this? Or like on the bike path, you know the

0:42:540:42:54

Are you seeing this? Or like on the bike path, you know the guy

0:42:540:42:54

Are you seeing this? Or like on the bike path, you know the guy on

0:42:540:42:55

Are you seeing this? Or like on the bike path, you know the guy on the

0:42:550:42:55

bike path, you know the guy on the bike

0:42:550:42:55

bike path, you know the guy on the bike path

0:42:550:42:56

bike path, you know the guy on the bike path who

0:42:560:42:56

bike path, you know the guy on the bike path who rings

0:42:560:42:56

bike path, you know the guy on the bike path who rings his

0:42:560:42:56

bike path, you know the guy on the bike path who rings his bell

0:42:560:42:57

bike path, you know the guy on the bike path who rings his bell at

0:42:570:42:57

bike path who rings his bell at every

0:42:570:42:57

bike path who rings his bell at every moment,

0:42:570:42:57

bike path who rings his bell at every moment, you

0:42:570:42:58

bike path who rings his bell at every moment, you know

0:42:580:42:59

bike path who rings his bell at every moment, you know that

0:42:590:43:00

bike path who rings his bell at every moment, you know that guy,

0:43:000:43:00

every moment, you know that guy, that's

0:43:000:43:00

every moment, you know that guy, that's me!

0:43:000:43:03

every moment, you know that guy, that's me! Germans

0:43:030:43:03

every moment, you know that guy, that's me! Germans are

0:43:030:43:03

every moment, you know that guy, that's me! Germans are not

0:43:030:43:04

every moment, you know that guy, that's me! Germans are not allowed

0:43:040:43:04

that's me! Germans are not allowed to

0:43:040:43:04

that's me! Germans are not allowed to say

0:43:040:43:05

that's me! Germans are not allowed to say they

0:43:050:43:06

that's me! Germans are not allowed to say they are

0:43:060:43:06

that's me! Germans are not allowed to say they are proud

0:43:060:43:06

that's me! Germans are not allowed to say they are proud to

0:43:060:43:06

that's me! Germans are not allowed to say they are proud to be

0:43:060:43:07

that's me! Germans are not allowed to say they are proud to be German,

0:43:070:43:07

to say they are proud to be German, Take

0:43:070:43:07

to say they are proud to be German, Take That

0:43:070:43:08

to say they are proud to be German, Take That is

0:43:080:43:08

to say they are proud to be German, Take That is tied

0:43:080:43:09

to say they are proud to be German, Take That is tied to

0:43:090:43:09

to say they are proud to be German, Take That is tied to the

0:43:090:43:10

to say they are proud to be German, Take That is tied to the Nazi

0:43:100:43:10

Take That is tied to the Nazi history.

0:43:100:43:11

Take That is tied to the Nazi history. If

0:43:110:43:11

Take That is tied to the Nazi history. If you

0:43:110:43:11

Take That is tied to the Nazi history. If you went

0:43:110:43:12

Take That is tied to the Nazi history. If you went in

0:43:120:43:12

Take That is tied to the Nazi history. If you went in and

0:43:120:43:12

Take That is tied to the Nazi history. If you went in and said

0:43:120:43:12

history. If you went in and said aren't

0:43:120:43:12

history. If you went in and said aren't you

0:43:120:43:12

history. If you went in and said aren't you proud

0:43:120:43:13

history. If you went in and said aren't you proud of

0:43:130:43:13

history. If you went in and said aren't you proud of being

0:43:130:43:13

history. If you went in and said aren't you proud of being Germans

0:43:130:43:14

history. If you went in and said the room

0:43:140:43:14

history. If you went in and said the room would

0:43:140:43:15

history. If you went in and said the room would fall

0:43:150:43:15

history. If you went in and said the room would fall silent.

0:43:150:43:16

history. If you went in and said the room would fall silent. They

0:43:160:43:16

the room would fall silent. They are

0:43:160:43:16

the room would fall silent. They are glad

0:43:160:43:16

the room would fall silent. They are glad to

0:43:160:43:17

the room would fall silent. They are glad to be

0:43:170:43:17

the room would fall silent. They are glad to be German,

0:43:170:43:17

the room would fall silent. They are glad to be German, I

0:43:170:43:18

the room would fall silent. They are glad to be German, I would

0:43:180:43:18

the room would fall silent. They are glad to be German, I would say.

0:43:180:43:19

are glad to be German, I would say. Is

0:43:190:43:19

are glad to be German, I would say. Is Germany

0:43:190:43:19

are glad to be German, I would say. Is Germany really

0:43:190:43:20

are glad to be German, I would say. Is Germany really finally

0:43:200:43:20

are glad to be German, I would say. Is Germany really finally emerges

0:43:200:43:21

Is Germany really finally emerges from

0:43:210:43:21

Is Germany really finally emerges from the

0:43:210:43:21

Is Germany really finally emerges from the shadow

0:43:210:43:21

Is Germany really finally emerges from the shadow of

0:43:210:43:22

Is Germany really finally emerges from the shadow of the

0:43:220:43:22

Is Germany really finally emerges from the shadow of the 1940s,

0:43:220:43:23

Is Germany really finally emerges from the shadow of the 1940s, is

0:43:230:43:23

Is Germany really finally emerges from the shadow of the 1940s, is it

0:43:230:43:24

from the shadow of the 1940s, is it really

0:43:240:43:24

from the shadow of the 1940s, is it really finally

0:43:240:43:24

from the shadow of the 1940s, is it really finally ready

0:43:240:43:25

from the shadow of the 1940s, is it really finally ready to

0:43:250:43:25

from the shadow of the 1940s, is it really finally ready to leave

0:43:250:43:25

from the shadow of the 1940s, is it really finally ready to leave with

0:43:250:43:26

really finally ready to leave with the

0:43:260:43:26

really finally ready to leave with the vigour

0:43:260:43:26

really finally ready to leave with the vigour its

0:43:260:43:26

really finally ready to leave with the vigour its northern

0:43:260:43:27

really finally ready to leave with the vigour its northern European

0:43:270:43:27

the vigour its northern European neighbours

0:43:270:43:27

the vigour its northern European neighbours want,

0:43:270:43:28

the vigour its northern European neighbours want, ready

0:43:280:43:28

the vigour its northern European neighbours want, ready to

0:43:280:43:28

the vigour its northern European neighbours want, ready to impose

0:43:280:43:29

neighbours want, ready to impose its

0:43:290:43:29

neighbours want, ready to impose its will

0:43:290:43:29

neighbours want, ready to impose its will on

0:43:290:43:29

neighbours want, ready to impose its will on Europe.

0:43:290:43:29

neighbours want, ready to impose its will on Europe. For

0:43:290:43:30

neighbours want, ready to impose its will on Europe. For the

0:43:300:43:30

neighbours want, ready to impose its will on Europe. For the very

0:43:300:43:30

its will on Europe. For the very thought

0:43:300:43:31

its will on Europe. For the very thought of

0:43:310:43:31

its will on Europe. For the very thought of it

0:43:310:43:32

its will on Europe. For the very thought of it still

0:43:320:43:32

its will on Europe. For the very thought of it still wakes

0:43:320:43:32

its will on Europe. For the very thought of it still wakes European

0:43:320:43:32

thought of it still wakes European ghosts.

0:43:320:43:37

thought of it still wakes European ghosts. We

0:43:370:43:38

thought of it still wakes European ghosts. We have

0:43:380:43:38

thought of it still wakes European ghosts. We have a

0:43:380:43:38

thought of it still wakes European ghosts. We have a former

0:43:380:43:38

ghosts. We have a former speechwriter

0:43:380:43:40

ghosts. We have a former speechwriter for

0:43:400:43:40

ghosts. We have a former speechwriter for Chancellor

0:43:400:43:40

ghosts. We have a former speechwriter for Chancellor coal.

0:43:400:43:41

speechwriter for Chancellor coal. Do

0:43:410:43:41

speechwriter for Chancellor coal. Do you

0:43:410:43:43

speechwriter for Chancellor coal. Do you think

0:43:430:43:43

speechwriter for Chancellor coal. Do you think the

0:43:430:43:43

speechwriter for Chancellor coal. Do you think the Germans

0:43:430:43:44

speechwriter for Chancellor coal. Do you think the Germans --

0:43:440:43:47

speechwriter for Chancellor coal. Chancellor Kohol.

0:43:470:43:48

speechwriter for Chancellor coal. Chancellor Kohol. Do

0:43:480:43:48

speechwriter for Chancellor coal. Chancellor Kohol. Do you

0:43:480:43:48

speechwriter for Chancellor coal. Chancellor Kohol. Do you think

0:43:480:43:49

speechwriter for Chancellor coal. Chancellor Kohol. Do you think the

0:43:490:43:49

Chancellor Kohol. Do you think the Germans

0:43:490:43:50

Chancellor Kohol. Do you think the Germans are

0:43:500:43:50

Chancellor Kohol. Do you think the Germans are scared

0:43:500:43:50

Chancellor Kohol. Do you think the Germans are scared to

0:43:500:43:50

Chancellor Kohol. Do you think the Germans are scared to be

0:43:500:43:51

Chancellor Kohol. Do you think the Germans are scared to be leaders

0:43:510:43:51

Germans are scared to be leaders again?

0:43:510:43:52

Germans are scared to be leaders again? When

0:43:520:43:52

Germans are scared to be leaders again? When it

0:43:520:43:52

Germans are scared to be leaders again? When it comes

0:43:520:43:52

Germans are scared to be leaders again? When it comes to

0:43:520:43:52

Germans are scared to be leaders again? When it comes to foreign

0:43:520:43:53

Germans are scared to be leaders again? When it comes to foreign and

0:43:530:43:53

again? When it comes to foreign and security

0:43:530:43:53

again? When it comes to foreign and security policy

0:43:530:43:54

again? When it comes to foreign and security policy the

0:43:540:43:54

again? When it comes to foreign and security policy the Germans

0:43:540:43:54

again? When it comes to foreign and security policy the Germans are

0:43:540:43:55

security policy the Germans are reluctant

0:43:550:43:55

security policy the Germans are reluctant for

0:43:550:43:55

security policy the Germans are reluctant for all

0:43:550:43:55

security policy the Germans are reluctant for all kinds

0:43:550:43:56

security policy the Germans are reluctant for all kinds of

0:43:560:43:56

security policy the Germans are reluctant for all kinds of reasons.

0:43:560:43:56

reluctant for all kinds of reasons. First

0:43:560:43:57

reluctant for all kinds of reasons. First of

0:43:570:43:57

reluctant for all kinds of reasons. First of all

0:43:570:43:57

reluctant for all kinds of reasons. First of all there

0:43:570:43:57

reluctant for all kinds of reasons. First of all there may

0:43:570:43:58

reluctant for all kinds of reasons. First of all there may be

0:43:580:43:58

reluctant for all kinds of reasons. First of all there may be losses,

0:43:580:43:59

First of all there may be losses, there

0:43:590:43:59

First of all there may be losses, there may

0:43:590:44:00

First of all there may be losses, there may be

0:44:000:44:01

First of all there may be losses, there may be body

0:44:010:44:01

First of all there may be losses, there may be body bags,

0:44:010:44:02

First of all there may be losses, there may be body bags, the

0:44:020:44:03

there may be body bags, the political

0:44:030:44:03

there may be body bags, the political class

0:44:030:44:04

there may be body bags, the political class in

0:44:040:44:04

there may be body bags, the political class in Berlin

0:44:040:44:05

there may be body bags, the political class in Berlin is

0:44:050:44:05

there may be body bags, the political class in Berlin is not

0:44:050:44:06

political class in Berlin is not ready

0:44:060:44:06

political class in Berlin is not ready for

0:44:060:44:06

political class in Berlin is not ready for a

0:44:060:44:06

political class in Berlin is not ready for a world

0:44:060:44:06

political class in Berlin is not ready for a world view

0:44:060:44:07

political class in Berlin is not ready for a world view like

0:44:070:44:08

ready for a world view like in Paris

0:44:080:44:08

ready for a world view like in Paris or

0:44:080:44:09

ready for a world view like in Paris or in

0:44:090:44:09

ready for a world view like in Paris or in London.

0:44:090:44:09

ready for a world view like in Paris or in London. But,

0:44:090:44:10

ready for a world view like in Paris or in London. But, but,

0:44:100:44:10

ready for a world view like in Paris or in London. But, but, and

0:44:100:44:10

Paris or in London. But, but, and that's

0:44:100:44:11

Paris or in London. But, but, and that's the

0:44:110:44:11

Paris or in London. But, but, and that's the other

0:44:110:44:11

Paris or in London. But, but, and that's the other side,

0:44:110:44:12

Paris or in London. But, but, and that's the other side, of

0:44:120:44:13

Paris or in London. But, but, and that's the other side, of course

0:44:130:44:13

that's the other side, of course when

0:44:130:44:15

that's the other side, of course when you

0:44:150:44:15

that's the other side, of course when you have

0:44:150:44:18

that's the other side, of course when you have monetary

0:44:180:44:18

that's the other side, of course when you have monetary union,

0:44:180:44:19

that's the other side, of course when you have monetary union, you

0:44:190:44:19

when you have monetary union, you have

0:44:190:44:20

when you have monetary union, you have a

0:44:200:44:20

when you have monetary union, you have a 3D

0:44:200:44:21

when you have monetary union, you have a 3D based

0:44:210:44:22

when you have monetary union, you have a 3D based legal

0:44:220:44:22

when you have monetary union, you have a 3D based legal system,

0:44:220:44:22

when you have monetary union, you have a 3D based legal system, there

0:44:220:44:22

have a 3D based legal system, there the

0:44:220:44:24

have a 3D based legal system, there the Germans

0:44:240:44:24

have a 3D based legal system, there the Germans are

0:44:240:44:24

have a 3D based legal system, there the Germans are rigorous.

0:44:240:44:24

have a 3D based legal system, there the Germans are rigorous. They

0:44:240:44:24

have a 3D based legal system, there the Germans are rigorous. They are

0:44:240:44:25

the Germans are rigorous. They are ready

0:44:250:44:25

the Germans are rigorous. They are ready to

0:44:250:44:26

the Germans are rigorous. They are ready to give

0:44:260:44:26

the Germans are rigorous. They are ready to give credits,

0:44:260:44:26

the Germans are rigorous. They are ready to give credits, to

0:44:260:44:27

the Germans are rigorous. They are ready to give credits, to give

0:44:270:44:27

ready to give credits, to give guarantees,

0:44:270:44:27

ready to give credits, to give guarantees, but

0:44:270:44:27

ready to give credits, to give guarantees, but they

0:44:270:44:28

ready to give credits, to give guarantees, but they want

0:44:280:44:29

ready to give credits, to give guarantees, but they want something

0:44:290:44:29

guarantees, but they want something for

0:44:290:44:29

guarantees, but they want something for it.

0:44:290:44:29

guarantees, but they want something for it. That

0:44:290:44:31

guarantees, but they want something for it. That is

0:44:310:44:32

guarantees, but they want something for it. That is that

0:44:320:44:32

guarantees, but they want something for it. That is that everybody

0:44:320:44:33

guarantees, but they want something for it. That is that everybody who

0:44:330:44:33

for it. That is that everybody who receives

0:44:330:44:34

for it. That is that everybody who receives these

0:44:340:44:34

for it. That is that everybody who receives these been

0:44:340:44:34

for it. That is that everybody who receives these been fit

0:44:340:44:34

for it. That is that everybody who receives these been fit should

0:44:340:44:35

receives these been fit should behave

0:44:350:44:35

receives these been fit should behave like

0:44:350:44:35

receives these been fit should behave like a

0:44:350:44:36

receives these been fit should behave like a good

0:44:360:44:36

receives these been fit should behave like a good member

0:44:360:44:36

receives these been fit should behave like a good member of

0:44:360:44:36

receives these been fit should behave like a good member of the

0:44:360:44:37

behave like a good member of the club.

0:44:370:44:37

behave like a good member of the club. So

0:44:370:44:37

behave like a good member of the club. So there

0:44:370:44:37

behave like a good member of the club. So there is

0:44:370:44:37

behave like a good member of the club. So there is a

0:44:370:44:38

behave like a good member of the club. So there is a kind

0:44:380:44:39

behave like a good member of the club. So there is a kind of

0:44:390:44:39

club. So there is a kind of leadership.

0:44:390:44:39

club. So there is a kind of leadership. In

0:44:390:44:40

club. So there is a kind of leadership. In terms

0:44:400:44:40

club. So there is a kind of leadership. In terms of

0:44:400:44:40

club. So there is a kind of leadership. In terms of the

0:44:400:44:40

club. So there is a kind of leadership. In terms of the economy

0:44:400:44:41

leadership. In terms of the economy now,

0:44:410:44:41

leadership. In terms of the economy now, you

0:44:410:44:42

leadership. In terms of the economy now, you are

0:44:420:44:43

leadership. In terms of the economy now, you are the

0:44:430:44:43

leadership. In terms of the economy now, you are the strongest

0:44:430:44:44

now, you are the strongest financially,

0:44:440:44:44

now, you are the strongest financially, don't

0:44:440:44:44

now, you are the strongest financially, don't you

0:44:440:44:44

now, you are the strongest financially, don't you feel

0:44:440:44:45

now, you are the strongest financially, don't you feel the

0:44:450:44:45

financially, don't you feel the urge

0:44:450:44:45

financially, don't you feel the urge to

0:44:450:44:45

financially, don't you feel the urge to impose

0:44:450:44:46

financially, don't you feel the urge to impose what

0:44:460:44:46

financially, don't you feel the urge to impose what you

0:44:460:44:46

financially, don't you feel the urge to impose what you know

0:44:460:44:47

financially, don't you feel the urge to impose what you know and

0:44:470:44:47

urge to impose what you know and what

0:44:470:44:47

urge to impose what you know and what you

0:44:470:44:48

urge to impose what you know and what you have

0:44:480:44:48

urge to impose what you know and what you have learned

0:44:480:44:49

urge to impose what you know and what you have learned on

0:44:490:44:50

urge to impose what you know and what you have learned on other

0:44:500:44:50

what you have learned on other European

0:44:500:44:50

what you have learned on other European countries?

0:44:500:44:53

what you have learned on other European countries? Why

0:44:530:44:53

what you have learned on other European countries? Why do

0:44:530:44:53

what you have learned on other European countries? Why do you

0:44:530:44:54

what you have learned on other European countries? Why do you say

0:44:540:44:54

European countries? Why do you say "impose",

0:44:540:44:54

European countries? Why do you say "impose", no

0:44:540:44:55

European countries? Why do you say "impose", no that

0:44:550:44:55

European countries? Why do you say "impose", no that was

0:44:550:44:55

European countries? Why do you say "impose", no that was the

0:44:550:44:55

European countries? Why do you say "impose", no that was the deal

0:44:550:44:56

European countries? Why do you say "impose", no that was the deal done

0:44:560:44:56

"impose", no that was the deal done at

0:44:560:44:56

"impose", no that was the deal done at Maastricht,

0:44:560:44:58

"impose", no that was the deal done at Maastricht, more

0:44:580:44:58

"impose", no that was the deal done at Maastricht, more than

0:44:580:44:58

"impose", no that was the deal done at Maastricht, more than 20

0:44:580:44:58

"impose", no that was the deal done at Maastricht, more than 20 years

0:44:580:44:59

at Maastricht, more than 20 years ago

0:44:590:45:00

at Maastricht, more than 20 years ago and

0:45:000:45:00

at Maastricht, more than 20 years ago and the

0:45:000:45:01

at Maastricht, more than 20 years ago and the idea

0:45:010:45:01

at Maastricht, more than 20 years ago and the idea is

0:45:010:45:02

at Maastricht, more than 20 years ago and the idea is now

0:45:020:45:02

at Maastricht, more than 20 years ago and the idea is now that

0:45:020:45:03

at Maastricht, more than 20 years ago and the idea is now that other

0:45:030:45:03

ago and the idea is now that other countries,

0:45:030:45:04

ago and the idea is now that other countries, especially

0:45:040:45:04

ago and the idea is now that other countries, especially countries

0:45:040:45:05

countries, especially countries that

0:45:050:45:05

countries, especially countries that are

0:45:050:45:06

countries, especially countries that are in

0:45:060:45:06

countries, especially countries that are in great

0:45:060:45:06

countries, especially countries that are in great difficulties

0:45:060:45:07

countries, especially countries that are in great difficulties like

0:45:070:45:07

that are in great difficulties like Portugal

0:45:070:45:07

that are in great difficulties like Portugal or

0:45:070:45:08

that are in great difficulties like Portugal or Greece

0:45:080:45:08

that are in great difficulties like Portugal or Greece or

0:45:080:45:08

that are in great difficulties like Portugal or Greece or Cyprus,

0:45:080:45:09

Portugal or Greece or Cyprus, should

0:45:090:45:09

Portugal or Greece or Cyprus, should stick

0:45:090:45:09

Portugal or Greece or Cyprus, should stick to

0:45:090:45:10

Portugal or Greece or Cyprus, should stick to the

0:45:100:45:11

Portugal or Greece or Cyprus, should stick to the rules

0:45:110:45:12

Portugal or Greece or Cyprus, should stick to the rules back

0:45:120:45:12

should stick to the rules back through

0:45:120:45:12

should stick to the rules back through to

0:45:120:45:12

should stick to the rules back through to the

0:45:120:45:13

should stick to the rules back through to the legal

0:45:130:45:13

should stick to the rules back through to the legal professions.

0:45:130:45:13

through to the legal professions. Back

0:45:130:45:14

through to the legal professions. Back to

0:45:140:45:14

through to the legal professions. Back to the

0:45:140:45:16

through to the legal professions. Back to the legal

0:45:160:45:16

through to the legal professions. Back to the legal structures.

0:45:160:45:16

through to the legal professions. Back to the legal structures. I

0:45:160:45:16

Back to the legal structures. I wouldn't

0:45:160:45:17

Back to the legal structures. I wouldn't call

0:45:170:45:18

Back to the legal structures. I wouldn't call that

0:45:180:45:19

Back to the legal structures. I wouldn't call that leadership,

0:45:190:45:19

Back to the legal structures. I wouldn't call that leadership, I

0:45:190:45:19

wouldn't call that leadership, I would

0:45:190:45:19

wouldn't call that leadership, I would call

0:45:190:45:20

wouldn't call that leadership, I would call it

0:45:200:45:23

wouldn't call that leadership, I would call it a

0:45:230:45:24

wouldn't call that leadership, I would call it a sort

0:45:240:45:24

wouldn't call that leadership, I would call it a sort of

0:45:240:45:24

wouldn't call that leadership, I would call it a sort of correction

0:45:240:45:25

would call it a sort of correction of

0:45:250:45:25

would call it a sort of correction of past

0:45:250:45:25

would call it a sort of correction of past sins

0:45:250:45:25

would call it a sort of correction of past sins and

0:45:250:45:26

would call it a sort of correction of past sins and that

0:45:260:45:26

would call it a sort of correction of past sins and that is

0:45:260:45:27

would call it a sort of correction of past sins and that is in

0:45:270:45:27

of past sins and that is in everybody's

0:45:270:45:27

of past sins and that is in everybody's interest.

0:45:270:45:27

of past sins and that is in everybody's interest. Now

0:45:270:45:28

of past sins and that is in everybody's interest. Now there

0:45:280:45:28

of past sins and that is in everybody's interest. Now there is

0:45:280:45:28

everybody's interest. Now there is the

0:45:280:45:28

everybody's interest. Now there is the problem

0:45:280:45:29

everybody's interest. Now there is the problem of

0:45:290:45:29

everybody's interest. Now there is the problem of great

0:45:290:45:30

everybody's interest. Now there is the problem of great hardship

0:45:300:45:30

everybody's interest. Now there is the problem of great hardship and

0:45:300:45:30

the problem of great hardship and everybody

0:45:300:45:31

the problem of great hardship and everybody who

0:45:310:45:31

the problem of great hardship and everybody who can

0:45:310:45:31

the problem of great hardship and everybody who can tries

0:45:310:45:32

the problem of great hardship and everybody who can tries to

0:45:320:45:32

the problem of great hardship and everybody who can tries to wriggle

0:45:320:45:32

everybody who can tries to wriggle out

0:45:320:45:33

everybody who can tries to wriggle out of

0:45:330:45:33

everybody who can tries to wriggle out of that

0:45:330:45:33

everybody who can tries to wriggle out of that discipline,

0:45:330:45:34

everybody who can tries to wriggle out of that discipline, but

0:45:340:45:35

everybody who can tries to wriggle out of that discipline, but it

0:45:350:45:35

everybody who can tries to wriggle out of that discipline, but it is

0:45:350:45:36

everybody who can tries to wriggle out of that discipline, but it is a

0:45:360:45:36

out of that discipline, but it is a rule-based

0:45:360:45:36

out of that discipline, but it is a rule-based system.

0:45:360:45:37

out of that discipline, but it is a rule-based system. If

0:45:370:45:37

out of that discipline, but it is a rule-based system. If it

0:45:370:45:38

out of that discipline, but it is a rule-based system. If it isn't

0:45:380:45:38

out of that discipline, but it is a rule-based system. If it isn't a

0:45:380:45:39

rule-based system. If it isn't a rule-based

0:45:390:45:41

rule-based system. If it isn't a rule-based system

0:45:410:45:41

rule-based system. If it isn't a rule-based system the

0:45:410:45:42

rule-based system. If it isn't a rule-based system the Germans

0:45:420:45:43

rule-based system. If it isn't a rule-based system the Germans on

0:45:430:45:43

rule-based system the Germans on the

0:45:430:45:43

rule-based system the Germans on the whole

0:45:430:45:43

rule-based system the Germans on the whole have

0:45:430:45:44

rule-based system the Germans on the whole have so

0:45:440:45:46

rule-based system the Germans on the whole have so far

0:45:460:45:46

rule-based system the Germans on the whole have so far accepted

0:45:460:45:47

rule-based system the Germans on the whole have so far accepted that

0:45:470:45:47

the whole have so far accepted that other

0:45:470:45:48

the whole have so far accepted that other countries

0:45:480:45:48

the whole have so far accepted that other countries have

0:45:480:45:48

the whole have so far accepted that other countries have enormous

0:45:480:45:48

other countries have enormous difficulties,

0:45:480:45:49

other countries have enormous difficulties, but

0:45:490:45:49

other countries have enormous difficulties, but that

0:45:490:45:50

other countries have enormous difficulties, but that will

0:45:500:45:50

other countries have enormous difficulties, but that will not

0:45:500:45:50

other countries have enormous difficulties, but that will not go

0:45:500:45:51

difficulties, but that will not go on

0:45:510:45:51

difficulties, but that will not go on forever.

0:45:510:45:51

difficulties, but that will not go on forever. Germans

0:45:510:45:51

difficulties, but that will not go on forever. Germans are

0:45:510:45:52

difficulties, but that will not go on forever. Germans are very

0:45:520:45:53

on forever. Germans are very worried.

0:45:530:45:53

on forever. Germans are very worried. Not

0:45:530:45:53

on forever. Germans are very worried. Not so

0:45:530:45:53

on forever. Germans are very worried. Not so much

0:45:530:45:54

on forever. Germans are very worried. Not so much about

0:45:540:45:54

worried. Not so much about inflation,

0:45:540:45:55

worried. Not so much about inflation, Germans

0:45:550:45:55

worried. Not so much about inflation, Germans are

0:45:550:45:55

worried. Not so much about inflation, Germans are very

0:45:550:45:56

worried. Not so much about inflation, Germans are very worried

0:45:560:45:56

inflation, Germans are very worried about

0:45:560:45:57

inflation, Germans are very worried about the

0:45:570:45:57

inflation, Germans are very worried about the huge

0:45:570:45:58

inflation, Germans are very worried about the huge masses

0:45:580:45:58

inflation, Germans are very worried about the huge masses of

0:45:580:45:59

inflation, Germans are very worried about the huge masses of credits

0:45:590:45:59

about the huge masses of credits that

0:45:590:46:00

about the huge masses of credits that have

0:46:000:46:00

about the huge masses of credits that have been

0:46:000:46:00

about the huge masses of credits that have been contracted,

0:46:000:46:01

about the huge masses of credits that have been contracted, or

0:46:010:46:01

about the huge masses of credits that have been contracted, or been

0:46:010:46:01

that have been contracted, or been given

0:46:010:46:01

that have been contracted, or been given in

0:46:010:46:02

that have been contracted, or been given in their

0:46:020:46:02

that have been contracted, or been given in their name.

0:46:020:46:04

that have been contracted, or been given in their name. Thank

0:46:040:46:04

that have been contracted, or been given in their name. Thank you.

0:46:040:46:11

given in their name. Thank you. Just

0:46:110:46:11

given in their name. Thank you. Just a

0:46:110:46:12

given in their name. Thank you. Just a very

0:46:120:46:12

given in their name. Thank you. Just a very quick

0:46:120:46:12

given in their name. Thank you. Just a very quick look

0:46:120:46:12

given in their name. Thank you. Just a very quick look at

0:46:120:46:12

given in their name. Thank you. Just a very quick look at the

0:46:120:46:13

Just a very quick look at the papers

0:46:130:46:13

Just a very quick look at the papers tomorrow.

0:46:130:46:13

Tomorrow

0:46:280:46:29

Tomorrow night

0:46:290:46:29

Tomorrow night we

0:46:290:46:29

Tomorrow night we will

0:46:290:46:29

Tomorrow night we will be

0:46:290:46:30

Tomorrow night we will be introducing

0:46:300:46:30

Tomorrow night we will be introducing you

0:46:300:46:30

Tomorrow night we will be introducing you to

0:46:300:46:31

Tomorrow night we will be introducing you to our

0:46:310:46:31

Tomorrow night we will be introducing you to our latest

0:46:310:46:31

introducing you to our latest member

0:46:310:46:32

introducing you to our latest member of

0:46:320:46:32

introducing you to our latest member of the

0:46:320:46:33

introducing you to our latest member of the presenting

0:46:330:46:33

introducing you to our latest member of the presenting team...

0:46:330:46:41

introducing you to our latest member of the presenting team... We

0:46:410:46:41

member of the presenting team... We might

0:46:410:46:42

member of the presenting team... We might even

0:46:420:46:42

member of the presenting team... We might even try

0:46:420:46:42

member of the presenting team... We might even try to

0:46:420:46:42

member of the presenting team... We might even try to explain

0:46:420:46:42

member of the presenting team... We might even try to explain that

0:46:420:46:43

member of the presenting team... We might even try to explain that a

0:46:430:46:43

might even try to explain that a little

0:46:430:46:43

might even try to explain that a little further

0:46:430:46:43

might even try to explain that a little further tomorrow.

0:46:430:46:44

might even try to explain that a little further tomorrow. That is

0:46:440:46:44

little further tomorrow. That is all

0:46:440:46:44

little further tomorrow. That is all from

0:46:440:46:45

little further tomorrow. That is all from us

0:46:450:46:45

little further tomorrow. That is all from us tonight.

0:46:450:46:46

little further tomorrow. That is all from us tonight. I

0:46:460:46:47

little further tomorrow. That is all from us tonight. I will

0:46:470:46:47

little further tomorrow. That is all from us tonight. I will be

0:46:470:46:47

little further tomorrow. That is all from us tonight. I will be back

0:46:470:46:47

all from us tonight. I will be back tomorrow

0:46:470:46:47

all from us tonight. I will be back tomorrow good

0:46:470:46:48

all from us tonight. I will be back tomorrow good night.

0:46:480:46:48

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