U.K. Economy Crashes (Again)

The UK economy crashes again. So new inflation figures are just out, new economic growth, or rather lack of, figures are just out, and it's looking really bleak. Now, I tried really hard this morning to think of some good news for the UK to share with you. Can't think of anything. Gotta tell you how it is in reality. Gotta give you some solutions. So there's an October budget coming, and my friends who are very close in, in the UK economy, very political, very successful business owners, believe it's probably going to be the straw that breaks the camel's back. They've pumped tens of billions into the NHS, they've pumped tens of billions into defence, and it's highly likely that the October budget, there's going to be more tax rises. I think our UK Chancellor is probably going to break records for the number of tax rises. And I imagine 20,000 millionaires or more may leave. And then everyone else in the UK is left with the tax burden. And the thresholds are frozen. So everyone's moving into the higher earning brackets, even though they're not higher earners because of inflation. And the news just gets from bad to worse. I will give you some good news if I can, but inflation figures are just out there, 3.6%. Now, of course, not everything is in this basket of inflation that they publish, but for what they publish, 3.6% feels quite high at the moment, um, bearing in mind since lockdown 2020, um, we've had double-digit inflation and the cost of virtually everything has gone up ridiculously. It is a complete shambles, Paul. I completely agree with you. So inflation's going quite high, and I believe inflation is always more than they tell you. If you look at what everything that you buy in your life costs you, I reckon it's probably more than you're quoted on average. And then the economy has receded 0.1%, so we've had 2 months in a row of negative economic growth. How's that going to be for confidence? The Bank of England and the OBR have all completely reduced their predictions, and basically there's no growth predictions, there's no confidence, no one thinks anything but tax rises are coming in October. My millionaire friends are still leaving every week. If this wealth tax comes in, there's already wealth taxes. Every tax is just about wealth tax. But if this wealth tax comes in, then many of my millionaire friends have basically pledged that they'll leave because it'll just stop investments going into companies. It'll stop people wanting to grow companies. It'll just be an absolute mess. And this is going on right now. Inflation is going up, the economy is basically we're moving towards recession, crash, depression. And everywhere you look, the outlook is bleak. So there's two things you can do about it. Number one, you can leave. And some of my haters, um, Will has said it's all by design. I don't know, maybe it is, who knows. But, um, not really relevant for us, I think. What's relevant for you is, um, can you survive and thrive in this country? And if you can't, then leave. Now it's easier for rich people to leave, isn't it? Because they have the mobility, they have the money, which is probably one of the reasons why you should make sure you're wealthy. You know, people ask me, well, Rob, are you going to give solutions? You're always moaning about it. Well, the solution to the economy is your economy. The solution to not liking the UK is being able to afford to leave. The solution is having so much money that these increased taxes kind of— they hurt but they don't kill you. Or you can hire really good tax experts and help you minimize the tax. This is really the only solution. So you either leave, which I'm not yet, although if the wealth tax comes in, it might push me over the edge. Or you sort your finances out, you just commit to making, managing, and multiplying more money. And you know, you build multiple streams of income and you invest in assets and you get a good tax accountant, you get your tax bill down and you start company or companies and you make sure that you are diversified and you've got enough money coming in that even if they take 70 or 80% of it, you can still live well. And if you want to learn how to do all this, because I guess many of you aren't you're not yet in that position, because most of the UK aren't, I recommend you join Money School. Money School is my global school which is teaching everything that should have been taught in schools and college and to adults about money that isn't. Things that the banks know and, you know, the rich know that everyone else doesn't. And I'm here just opening the curtain to it all because I think we all have a right to know this stuff. I'm on a mission to help as many people on this planet get better financial knowledge. And, um, it costs like less than 50p a day. You can cancel any time. There's no ongoing contract. It's really easy to join. It's immediate access globally. 90% of the content works in every country. Um, and the link is money.school. So money.school, if you just type it in now, go join. Like I said, there's no risk because you can cancel any time. It— I'll spend more on coffee for myself in 2 days than it costs to be a member of Money School for a month. To go to university could get you £35,000 to £50,000 in debt in 3 to 5 years. Joining Money School costs you £15 a month. £15 a month. It's like virtually free. So you've got nothing to risk except your financial education and knowledge. So yeah, there's also, there's there's tax saving masterclasses inside money.school. And as a money.school member, you'll be able to start opening up some contacts. I've got good accountants, I've got good lawyers, I've got good tax specialists. It's really important. You know, there are quite a few good legitimate ways to get your tax bill down that actually the government want you to implement because they need small businesses, even though they kind of like, they hate small businesses, but they need them. So there's tax-saving masterclasses in there, there's building your information business masterclasses. Yeah, in there, there's your sign. Um, hundreds of hours of courses, resources, and masterclasses to make, manage, multiply, maintain money, protect it from the governments, protect it from taxation. You know, look, it used to be about making money. Now you've got to try and keep what you make. It's so hard to keep what you make anymore. And the economy has shrunk for the second month in a row. Inflation is at 3.6%, and I reckon it's usually more in reality than what they say. So all this is going on. So when are you going to take your financial future and freedom and fluidity seriously? When are you actually going to properly sort your finances out? You don't have to spend thousands. You can join money.school for less than 50p a day. So the link is money.school. The economy is crashing. It's happening as we speak. This is not sensationalism. And the only way to fix the economy is to fix your economy. And your economy is, have you got enough coming in? And are you stopping it all going out? And this is all taught inside Money School. So the link is money.school. We've got some special bonuses when you join. My 3-hour money mastery course. I actually did it for one of the top influencers in the world. I retained the IP, so I've still got the course. It's inside money.school. A 15-hour money mastermind university. So 12 modules on what I would teach at university about money that the rich know that no one else seems to know. And then also some bonus sessions on how the banking and the money system works and how you can play the banks at their own game and win. You want to gain access to that because I actually de-published Money Matrix because it was kind of, it kind of exposed a lot of that and I took some risk. So that's still inside Money School. So yeah, the link is money.school. Stephen, it is wrong how much they take off us. It's really wrong. Some people would argue, oh, they haven't got a choice because, you know, we're, we're almost, um, in, what are we, nearly $3 trillion in debt? I think our deficit is almost 100% of GDP, I think. So, you know, budget deficit, it's a lot. I think it's 94%. So, wow, you know, things are really bad. And Stephen, it is going to get a lot worse. And this isn't me doing sensationalism. I think you all seem to agree. But it can get better for you, and you have to believe that. Otherwise, you need to leave and go to Dubai. Um, but yeah, money.school. Let me give you some inspiration, some education. Let me give you knowledge that the masses don't know, and let me help you on your way to making, managing, and multiplying more so you can survive and thrive in this falling nation. Where's the great in Great Britain? Thanks for tuning in, and remember, if you don't risk anything, you risk everything. And yes, this is my daily morning walk.