Why Are Brits Poorer Than They Should Be | Andrew Craig on TrailBlazers - Part 1

Britain used to be 10% of the world's stock market. Now it's under 3% and it's cost the country an estimated £20 trillion in lost wealth over 30 years.In this episode, Johnny sits down with Andrew Craig, founder of Plain English Finance, author and a nearly 30-year veteran stockbroker. Together they unpack how bad policy, the rise of passive investing and a financially illiterate political class quietly gutted UK capital markets. They cover the "death" of the London IPO, why pension funds abandoned British companies, the "inelastic markets hypothesis" and why Britain's world-class science and IP rarely turns into British wealth.This is part one of a two-part conversation. Part two is coming soon, subscribe so you don't miss it!🔗 Get in touch with Johnny: https://www.linkedin.com/in/johnny-isaacs/🔗 Learn more from Andrew Craig: Plain English Finance (YouTube & plainenglishfinance.com)🔗 Find us at: explosivebrands.com Chapters:00:00 Intro00:54 Andrew's background & books02:04 What a Stockbroker Actually Does03:42 Founding Plain English Finance06:11 The UK Stock Market's Collapse in Numbers11:08 How UK Pensions Abandoned British Shares13:22 Britain's Biotech IP: DNA, Stem Cells & DeepMind17:23 Active vs Passive Investing Explained21:13 Why Britain Became a "debt" Economy23:28 The rise of ETFs and Passive Funds33:54 Why Big Tech has Stopped Truly Innovating46:14 Wealth Inequality: Cash vs Equity1:06:21 The ESG Fallacy & Real Climate Solutions1:16:27 A Practical Fix: a UK "Baby Bond" Proposal1:39:03 The Laffer curve: Ireland vs the UK1:47:26 The Cantillon Effect & Who Really Loses1:51:29 Get in Touch with Andrew CraigTrail Blazers | Explosive Brands Get in touch with us on LinkedIn Get in touch with Johnny on LinkedIn