UK and its Imminent Financial Collapse

 Like America, the UK has been borrowing money to buy services and things that it can't afford.  Like America they print government bonds and sell them to raise cash to pay for the things they want and need today.  But the UK doesn't own the printing press to the world's Reserve Currency like the USA does.  So as the financial debt bomb begins to unravel there will be nations that feel the collapse first and be hit hardest and nations who get hit later and maybe weather it better.

Let's listen in on the warning coming from an important financial analyst concerning the imminent collapse of Great Britain.

The sequence of events that took place during the last few months of this year, including the presidential elections in the United States and the war in Syria overshadowed important developments in the news cycle, especially on the economic front. One of them is the approaching collapse of Great Britain.

I believe that we are close to the precipice of events that will remain recorded in history, perhaps like the 1921 Weimar republic hyperinflation, 1929 stock market crash, or the collapse of the Soviet Union in 1991. The events will cause a lot of pain for great many people, but if we correctly anticipate them and prepare for the coming changes, at the very least we should be able to weather the storm intact.

About three months ago, on 26 August I published an article titled “The coming collapse of Britain.” If you missed it, give it a scan as it sets the backdrop to this report. During this year’s summer months, British ruling establishment appeared to be in a panic over Ukraine’s imminent military defeat and her debt default. Britain has invested quite massively in project Ukraine, which now looks like a failed investment.

Indeed, on 27 August, only one day after I published that article, Prime Minister Keir Starmer gave a speech in the Downing Street garden, in which he disclosed that there was a “£22 billion black hole in the public finances.” Supposedly, his government only discovered this once they came to power. By “black hole,” Starmer was referring to the government’s unfunded liabilities.

Catastrophic fiscal conditions

To prepare the nation for more bad news, the Prime Minister announced that the October 30 budget would be “painful.” Well, October 30 is behind us and now we know. When the news broke, Deutsche Bank’s analyst Sanjay Raja characterized the budget as, “one of the largest fiscal loosening of any fiscal event in decades.” In the post-war years it was only surpassed in 2020 due to the Covid 19 lockdowns.

The new budget adds £142 billion in new debt, which the government expects to raise in capital markets. But the sheer amount of the planned borrowing took the markets by surprise. As it turns out, Britain’s gross financing needs are double what market analysts had expected.

The painful side to the budget which Mr. Starmer promised will come not only in terms of savage austerity imposed on society’s most vulnerable groups but also in terms of £40 billion in new taxes. The burden of these new taxes will fall largely on British employers, which will in turn hurt the working people. Ultimately, it will also hurt the government. In suffocating the economy, the government will only widen the gap between public spending and its tax receipts. Britain is already running one of the world’s largest budget deficits. Bloomberg’s analyst Simon White had a point when he judged the fiscal picture in Britain as catastrophic.

Here;  The fall of Britain (part 2) - Alex Krainer's Substack

Will we see all this transpire?  2025 is shaping up to be an incredible year as far as shaking goes.  There are lots of nations that seem right on the verge of having a severe shaking.  Will we see the collapse of the financial system?  Or will we see Jesus coming in the clouds before this happens?

No one knows!  But as followers of Christ we can celebrate that no matter what happens, Jesus is in control!  Anything we experience while on earth will be very light and temporary when compared to the glories promised for us in eternity.