The Untold Story of Britain's Decline

It feels like the UK is on the brink of a revolution, a coup, or some kind of resistance, which I have on good authority is very close. The UK is now officially the second most depressing country in the world. We used to have an empire, now we don't even have a village. We are one of the highest taxed nations in the world. £100 now feels like a tenner. Labour are bringing communism back to the UK. People are going to jail for social media posts. Our energy prices are now the highest in Europe. We have nearly 40% inflation since lockdown. No one can afford a house. The royal family is over since the Queen died. The NHS is broken. We don't manufacture or produce anything anymore. Nicking anything under £200 is now basically legal. You get your watches and your phones nicked in London. Our football team is shit. Our food is shit. We're lazy as fuck. We're grumpy as fuck, including me. We now have to put cheese and mayonnaise and mints and chocolate bars in security lockboxes in supermarkets. And this, I think, is why everyone's fucking off to Dubai. But even London, the once capital of the world, is not a safe place anymore. Once the financial hub, the historical capital of the entire world, the attraction of the global super-rich, the greatest tax haven. But now millionaires, billionaires, and ordinary people are leaving London in the masses. In fact, a millionaire leaves the UK every 30 minutes, but a non-working, non-earning immigrant enters the UK every 2 minutes. UBS predicts a net loss of 500,000 millionaires by 2028. But the average millionaire generates £75,000 a year in taxes, while the average immigrant non-working family costs $44 a year in taxpayer money, and they are running the streets. People now get threatened with machetes in central London. Get your phone out, get stabbed. Get on the train, get stabbed. Get out your Rolex, get stabbed. Take your dog for a walk, get stabbed. Send your kids to a dance class, get stabbed. A phone is nicked every 7 minutes in London in broad daylight. People now watch and film the robberies at Rolex and golden watch dealers. There are protests on the streets week. Mayfair property prices have dropped 50%. Kensington and Chelsea has dropped 40%. Ulez cameras track and trace your every move. You are fined everywhere you go. And theft in the UK is basically now legal in the petty crime area. In fact, I went to Pret a Manger to buy my breakfast. I handed over a tenner and the server checked it for being fake. I said, you get a lot of fake money here? I mean, it's a tenner. He said, you'd be shocked. Not only do we get a lot of fake money, but people start fights on the staff when we check the money, and now we have to wear body cams and have security guards. At Pret a fucking Manger. And he showed me his body cam. This is for sandwiches and coffee. What the hell is happening in London and the UK? I was also in Costa Coffee in King's Cross, and a homeless person came in and he scooped all the sandwiches and nicked the whole lot in front of everyone. Now this has happened twice, and both times I asked the server, 'Are you going to do anything about it?' We're told to do nothing. But if we all do nothing, then surely we're going to lose our beloved capital city of London. Not only that, but everything has become so expensive and so fast in this country, it is shocking the average financial person of someone in the UK. Personal debt of over £30,000, mortgage debt of over £200,000, savings of under a grand and a yearly salary of under £37,500. Back in 1980, if your parents earned £20 grand, you'd need to earn £100 grand now to afford the same lifestyle as them, not even any better. £100 now only buys 18.6% of what it could back in 1980. So if a fiver feels like a pound, then a £50 note feels like a tenner. Your money is being destroyed. In the UK now, it's £6 for a loaf of sourdough bread, £7 for a pack of butter, £8 for a pack of salmon. £21 on 3 items of food to make a fucking sandwich. In fact, you'd need to be paid £10,000 a week to have the same spending power as a kid working at McDonald's in the early 1970s. The math says it's that bad now, and it's getting worse. Because 2 in 5 Brits now have less than £1,000 in savings. 46% of Brits couldn't even cover a £1,000 expense. 1 in 6 adults have no savings at all. That's 8.4 million people in the UK. 49% of UK workers live paycheck to paycheck, meaning their salary doesn't even cover their essential living costs. This is 16 million adults now in the UK. And if you choose to work hard in the UK and you choose to turn things around, you get taxed on everything. Earn it, taxed. Save it, taxed. Sell it, taxed. Spend it, taxed. Invest it, taxed. Build it, taxed. Live in it, taxed. Drive it, taxed. Eat it, taxed. Drink it, taxed. Smoke it, taxed. Give it away, taxed. Die, still taxed. And then they go and waste it all. But it gets worse. The average household pays over £4,000 a year in tax on interest on national debt. The ex-chancellor of the UK told me this. More than £4,000 a year of your hard-earned tax-paid money is on interest of someone else's loan that you get zero benefit from. Imagine earning £100 in the UK where you'll pay minimum £30 income tax, then you're left with £70. Then you put £70 worth of fuel in your car and you pay 59% fuel duty and 20% VAT, which is £41.46 of the £70, which means the government just got £71.46 from your hard-earned £100. And if you start to earn good money in the UK, you earn less after tax on £150,000 than you do on £100,000. This is no joke, it's ridiculous. Over £100,000 you lose your personal allowance and you lose your childcare, so your effective tax rate goes over 60%. You earn more at £99,000 net than you do over £140,000. Why is it that a £150,000 earner pays £53,460 in income tax But someone who earns £25,000 pays just £2,486. And it takes 20 low-rate taxpayers to match the tax revenue of one high-tax earner. Yet 44.7% of the UK population don't contribute any income tax at all. And the top 1% pay 33% of all the tax. And the top 10% pay 69%. Of all the tax revenue. Yet everyone's screaming, 'Tax the rich!' And of course, the rich are the problem. But the rich aren't the problem. The rich are getting taxed more and more. The problem is the disgusting, disgraceful, and vile wastage of taxpayer money. Oh, and by the way, here's the proof. The Sunday Times rich list of the top 10 UK taxpayers is out. I won't read all 10, but you know what 6 of the top 10 highest taxpayers in the UK have in common? 6 of them have fucking left the country. So, highest, Fred and Peter Dunn and family, £401 million in tax they paid. Second highest, a trader paid £331.4 million. Third highest, a bond trader paid £330 million. Even the 8th, 9th, and 10th are paying £200 million, £175 million, £121 million. £2.5 billion in tax from the top 10 business owners in the UK, but apparently the problem is the rich. And now 6 of them have left, which means billions in tax revenue has gone with them. Yet the rhetoric is the same from Labour and the left: tax the rich more, we need to tax the rich more, we need to tax the rich more. Well, do you know it takes 562,000 lower tax ratepayers to pay the same tax as just the 6 people who've gone and left the country. So careful what you wish for, because who's now footing the bill of these tens of thousands of millionaires who are leaving the country every year? When are the UK going to wake up to what's really going on? You are literally exiled in the UK for working hard and contributing taxes. Then if you own assets, it's 28% capital gains tax. Then if you want to buy a house and get on the housing ladder, it's up to 15% stamp duty. Then it's up to £5,000 a year in council tax just to have your bins changed. Twice a month. If you save money, you're taxed. If you go to university, you're 53 grand average degree in debt that barely gets you an average wage. In fact, it goes up even when you pay it off because the interest goes up more than your repayments. People are stuck in college debt for the rest of their lives. And then when you die, after paying 70% of everything that you earned in your life in taxes and interest, a final 40% in inheritance tax. So I believe now we're moving into the stage in the cycle of extreme socialism or even communism here in the UK. Now socialism is when you take £100,000 from one productive person who works and you give £10,000 each to 10 people who don't work, and then you blame that one productive person for all the country's problems so that the 10 people will vote for you. Then the productive millionaires leave, the system implodes on itself, and we're back to square one again. Like with socialism, imagine having two cows, the government will take one. With communism, you have two cows, the government will take both and give you a ration of milk. But with capitalism, you have two cows, you sell one, you buy a bull, and you build a thriving herd. But with Labour, you have two cows, the government takes both, it drinks the milk, it eats It makes you pay the bill and it blames you when there's nothing left. Because in the first year under Labour, get this: taxes went up £55 billion in one year, 1 million more people on welfare and £300 billion spent, 200,000 more people unemployed. That's 11% of the UK not working when normal is 2%. 150,000 more civil servants in the last 10 years, yet economic growth is down from 3% a year to 0.5%, which is basically negative growth. National debt has increased by £370 billion and is 100% of GDP. £188 billion spent on the broken NHS, yet the average waitlist time is 14.4 weeks, and 8 million people are on some kind of big backlog waiting list. It is ridiculous. Now imagine having a bucket with a big hole in it? Why would you just keep pouring more water into it? Why wouldn't you fix the hole? We need to fight for our freedom, and we must fight for cash. 453,230 UK bank accounts were forcibly closed last year. That's 10 times higher than closures 10 years ago. 50,000 more banks will close this year, and they'll have you believe it's, you know, a financial crime, it's for your safety, the high streets. But no, it's way more sinister, because the truth is, if you post something online and the banks don't like it, they can just shut you down. You can be debanked for a social media post or your political opinion. No notice, no reason. Ask Nigel Farage about that. Now, in France and Belgium, you have the legal right to a bank account. Not in the UK. So a cashless society and digital currencies, and now debanking mean that your cash isn't even yours anymore. And if you don't comply, they can have your banks closed and your money frozen. So welcome to 1980— I mean, 2026. So once again, it feels like we're on the brink of a revolution in the UK, and we will be remembered as the last generation to taste freedom in this country unless things change fast. Digital IDs, cashless societies, social credit systems, Online Safety Acts, driverless cars. They want to stop you going anywhere, stop you working? Suspend your digital ID. They want to control when, where, and how much you spend? Digital currency, universal basic income. They want to fine and tax you for anything and everything? Social credit system. They want to silence you and imprison you for your opinion? Online Safety Act. They want to control and stop where you go and when you go? Driverless cars. Our generation will be remembered as the last to have any kind of freedom. So I'd like to finish on something positive. Maybe you'll share this. Here's how I'd fix the broken UK economy in 11 steps. Number 1: fire most of the existing government. 80% of the civil service probably aren't needed. It's just bureaucracy. It costs us billions. Elon Musk fired 80% of Twitter. It still seems to work. Number 2: increase the salaries in the higher positions in politics significantly, because we need to attract better quality politicians, and at the high level, it's a hard job. I know that might be controversial, but I think we need to attract people who care, people who want to do something. They don't just want to be someone. Number 3: we should have a board of all the best UK entrepreneurs and billionaires advising the government on the economy. Number 4, we should offer employers fair tax breaks. We should make sure that big corporations pay more taxes than they do, or they get tariffs, but still make UK attractive for the big corporations and the millionaires and the billionaires because they generate all the tax revenue. Number 5, we need to lure back all the exiled billionaires and millionaires, and they need to bring their companies and their jobs and their billions back to the UK. Number 6 is we need to privatize most of the public services and create free and fair market competition. The public services are big sinkholes with hundreds of billions of pounds, just like our roads have sinkholes in the form of potholes. Number 7, my immigration policy would be: if you offer value, we'll let you in. If you don't, you have to leave. Number 8, no tax for the first year of starting your own business and employing people. Number 9, a simple singular flat tax structure. None of these tens of thousands of complicated pages of the tax code and all these different taxes taxing you on everything everywhere. One simple flat rate, easy and fair for everyone. Number 10, we need to launch great apprentice schemes in the UK and get the homeless off the streets, give them confidence, teach them to work again. These trades could make people very good money and give that Pride back to people at the lower end or unemployed in the UK. And number 11, we must fully invest in tech and AI, especially to help get back our public services. We need to produce in the UK, work, build, and innovate. We need to reward based on merit. And we need to get Labour out quick because we need to take the power back in the UK. We need to put the great back into Great Britain and the united back into the United Kingdom. Thanks for tuning in. Sorry it was a bit depressing, but I, I think reality is important. But of course, I did give my solutions at the end. And remember this: invest for freedom, choice, and profit, because if you don't risk anything, you risk everything. I'll see you at money.school. Over and out.