Andrew Craig thinks the UK economy has gone through a slow motion car crash for 30 years and few people really understand why. The Founder of Plain English Finance, he is the author of the personal finance classic, How To Own The World, and his new book is ‘Our Future Is Biotech’: https://amzn.to/3ABLwBG. ✉️ 80% of what you need to know about personal finance on 2 pages Download: https://makingmoney.email/basics-guide 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get 4.33% AER Variable for your business account: https://tide.co/offers/makingmoneyq1 MoneyWeek - Get 6 editions of quality financial journalism for free: https://moneyweek.com/makingmoney ✉️ Get a summary of this episode through our newsletter: Sign up: https://makingmoney.email/S5E3 Disclaimer: This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00-00:24 - Intro 00:24-07:59 - What is the problem? 07:59- 18:00 - Why is the UK underperforming? 18:00-18:50 - Tide ad 18:50-22:07 - The problem with passive investing 22:07-27:19 - The problem with cryptocurrency 27:19-29:32- Do politicians understand the problem? 29:32-30:28 - Vanta ad 30:28-35:30 - Investing in small companies 35:30-39:08- How do we fix it? 39:08-52:12 - Why biotech will be the biggest investment theme of the next decade 52:12-56:04 - How the UK could benefit from the rise of biotech 56:04-01:02:25 How you could benefit from the rise of biotech 01:02:25-01:03:00 - Our free guide to how to change your financial future