22/03/2026
The UK is on the cusp of an economic decline which will see it become irrelevant as an economic nation. Irrelevant on the worlds stage and worse of all, totally bankrupt. After the May elections, Angela Rayner will demand power and turn on the spending taps for one last time...the final straw.
The decline in our economic importance started decades ago but accelerated with the political su***de of socalist (both Labour and Conservative) governments from 1997 onwards.
We are existing on the fumes of our historical past wealth. When the penny will drop with international investors who hold up the value of our government debt, who knows, but that penny will drop.
Our joint trade and budgets deficits will be our downfall.
The result will be a collapse of sterling below one Dollar and one Euro to the pound. The ensuing inflation will finally bring about the reality that a nation cannot live on borrowed money for ever, especially as it has hollowed out its once great industrial power base.
In the past, bouts of Sterling weakness have given our industries a boost due to the export competitive edge devaluation provides. The trouble is, we have lost most of those industries due to tbe EU sucking them away to lesser developed members and Net Zero inflicting the final blow.
The only saving grace over the last 30 years has been our service industries but as I wrote on the 24th Feb, AI is a major threat to that sector and the UK has the biggest percentage of its economy in services, globally.
Maybe I should get a sandwich board and parade in Westminster with a warning...The End is Nigh. I could join the stupid guy with the megaphone demanding we rejoin the EU