Destruction determined upon the whole Earth

Ernest Hemingway is often quoted as saying, “How did you go bankrupt? Two ways: Gradually, then suddenly.” Nations today are gradually going bankrupt. Will there be a sudden crash? Britt Gillette says: “It’s not a matter of if we have a systemic global financial crisis with widespread bank runs, it’s a matter of when.”

This applies to the UK and all nations today. Successive governments have pushed us into trap from which there is no escape. Britain’s economy is on the brink — and the latest figures prove it. In September alone, the UK borrowed £20.2 billion — the highest for the same month in five years. Total borrowing this year has surged 13%, pushing national debt to £2.92 trillion and rising.
With growth stagnating, unemployment edging up, and confidence collapsing, the Treasury is running out of options. Chancellor Rachel Reeves faces a brutal choice ahead of the November 26 Budget: raise taxes again or break the fiscal rules. Either way, Britain risks sliding deeper into a high-tax, low-growth trap. The warning signs are flashing red — and few are listening.