The CEO Retort Leading economist: How America owns Britain and can turn countries into vassal states
Angus Hanton is a British entrepreneur, economist, and investor with a career spanning over 40 years. He is the author of the groundbreaking book and bestseller, Vassal State: How America Runs Britain, based on his research that lays bare the extent to which US corporations own and control Britain's economy.
Angus is also the co-founder of the Intergenerational Foundation (IF), a UK-based think tank focused on promoting the interests of younger generations.
He is a self-described baby boomer who uses his background to analyse how government policies have transferred wealth and liabilities from older to younger generations.
Timestamps:
(00:00:00) – Preview
(00:04:16) –The danger of the AI bubble powering 80% of the stock market
(00:09:10) – How British tech sectors have become totally reliant on Silicon Valley
(00:14:02) – What triggered Angus to write his "Vassal State" book?
(00:24:48) – How and why have UK governments allowed a complete takeover by US corporations?
(00:30:43) – The role of politicians and policy: Was it all by design or incompetence?
(00:33:45) – Who is ultimately responsible for the British economic extraction by the US?
(00:44:21) – Will the latest $200bn tech and AI investment pledged by the US kill British tech?
(00:52:23) – Brexit and politicians' lack of business understanding made matters much worse
(00:58:56) – Has the US takeover of Britain's economy made the UK richer or poorer?
(01:03:37) – Why do British politicians put US interests first, while claiming patriotism?
(01:09:47) – The negative impact of the current rise of AI on future employment and employers
(01:15:50) – Is the UK the worst case scenario of a vassal state, or are there other vassal states?
(01:23:21) – If US stock markets are overly dependent on the AI bubble, what will happen to the UK economy when it bursts?
(01:32:49) – Can the UK ever rejoin the EU as America's vassal state?
(01:36:20) – How should people and younger generations navigate the hype-up AI-driven future?
(01:44:46) – The negative influences from thinktanks, lobbyists and weakening regulations
(01:48:07) – Is the Vassal State book anti-American?
(01:50:27) – What lessons should we learn from America to stop us from being a vassal state?
Episode Notes & Citations:
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