The end of Britain is nigh, according to a prediction by MoneyWeek http://subscribe.moneyweek.com/pro/eob-doc-mob.php?code=LMYKP209&n=myk-eob. Viewer discretion is advised. Gulp. This is subscription advertising like we have never seen it before.
Before asking for your credit card details, MoneyWeek takes us on a devastating tour of history, peppered with punchy statistics, to explain Britain’s inexorable decline. It’s pretty grim and absolutely compelling, I am afraid to say. With more debt in real terms than Greece, Portugal or Italy, no country in such a position – with Britain’s on a par with the Weimar Republic at its worst – has ever avoided total financial collapse. This will be no different no matter what the outcome of the next general election, apparently. Choosing your politicians will be like selecting the colour of your deckchairs on the Titanic. Britain will soon be the poor relation of Argentina at its lowest ebb, without a peso to its name. (MoneyWeek also makes a few snide references to the shoddy financial journalism of the FT and Daily Telegraph, to pull in a few of their subscribers.)
Reeling from this shocking news yesterday, I considered myself lucky to be living in Belgium, a calm and peaceful country … with 40,000 people protesting against austerity measures on the streets of Brussels in favour of greater purchasing power, against salary freezes and calling for fair and progressive taxation. Bien. Not very reliable either, then.
So who will take care of me in old age? The European Union perhaps? It would be terribly ironic since most British people are now reported to be in favour of pulling out of it. So what are they doing? The European Commission is in the throes of preparing a Green Paper on long term investing, and EPPARG (European Pensions and Property Asset Release Group) is advocating the expansion of innovative pensions solutions like home equity release to take some of the burden off cash-strapped European governments, which are sorely needed. Let’s hope they make some rapid progress.
So in the meantime, will I be subscribing to MoneyWeek? I can’t, because I already cut up the credit cards which got us into this mess in the first place …
There is a huge problem at the heart of the British financial system…
And it could be about to radically change the way you live your life.
You see, over the past 100 years, this problem has taken root within our economy, eating up more than £10 trillion in public funds and directly influencing almost every aspect of our lives.
It’s been behind almost every political argument in the country. Yet no politician has ever come close to solving it.
And according to one highly respected group of financial experts, this problem can only have one outcome: total financial collapse.
In fact, these experts believe Britain is about to suffer an economic collapse that most people are completely unprepared for.
Quite simply, understanding what you need to do to help survive this threat will be the most important thing you do all year.
That’s why you need to see this controversial new report.
It details precisely what they believe is going to happen in the very near future… how we got into this mess… and most importantly, it shows you exactly what you can do to help survive this threat.
But be warned – this research is controversial, and may be alarming to some people.
Yet if you can put the controversy to one side and see what could be about to happen to our country, we believe you’ll have a much better chance of surviving the coming crisis.
To see this alarming report in full, click here.
P.S. I can’t promise you’ll like what you see here. This is an unflinching portrait of a very disturbing financial problem.
But that very fact makes it even more important that you find out what’s going on, and how you can prepare yourself.
The information and opinions expressed do not necessarily reflect the views of other editors/contributors.
MoneyWeek magazine is an unregulated product. Information in the magazine is for general information only and is not intended to be relied upon by individual readers in making (or not making) specific investment decisions. Appropriate independent advice should be obtained before making any such decision. MoneyWeek Limited and its staff do not accept liability for any loss suffered by readers as a result of any investment decision.
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