The British Economy Is Broken – So What Do We Do About It? I’ve been investing for 25 years. Stocks. Index funds. Property. Crypto. And a little bit with Bonds. And if I’m honest, I’ve never felt more uneasy about the direction of the British economy than I do right now. That’s me being nice about the UK economy. I’ve never felt so shitty about the state of the UK economy. This is because structurally something (well a lot of things) doesn’t feel right. I don’t like to get too political with this group but the current UK economy scares me BIG TIME! This labour is not for the working class! This newsletter is going to start negative. It’s going to be my attempt at keeping you up to date with the UK economy. But I will finish on a positive. As I talk about what me and you can control.And how long-term investing is a MUST in a broken system. MARKET CONDITIONS & MACRO UPDATE Most people are too busy surviving to care about macroeconomics. But if your goal is financial freedom you have to zoom out. Here’s the harsh reality: - Government spending  is about 45% of GDP - Tax revenues historically struggle to rise much beyond ~38% of GDP - The gap is funded by borrowing That gap compounds. Compounding by the way can be negative or positive. Anything relating to the UK economy with this current government of human rights lawyers (dangerous twats) is going to compound negatively. On the flip side, if you invest into assets like global index funds, your wealth will compound positively over the next few decades – based on historical performance. When borrowing compounds, one of three things happens over time: 1. Higher taxes 2. Inflation 3. Currency weakness Usually a mix of all three. We’ve already seen: - Higher stealth taxation - Frozen tax thresholds - Rising cost of living - Mortgage chaos - Public services stretched And beneath all of it? Debt. This isn’t about fear. It’s about understanding incentives. When a country consistently spends more than it earns, the pressure builds slowly… then suddenly.

Are they right with this huge move away from the US? Find out in my latest video @completeinvesting that was published this morning.