cost of living

[Steve]

I see a long, slow slide into mass poverty as the biggest threat to the UK. I can't see any way to prevent it from happening, actions such as encouraging the Chinese to build power stations might keep the lights on for a bit longer, but the money will leave the country and our net wealth will decline. Much of the UK is already owned by foreigners, Germans own much of London, Japanese own huge amounts of UK forest land. As we struggle to pay our debts more and more of the UK will be sold to our creditors, primarily the Chinese who are trying to offload as many of their huge stash of dollars as they can while they are still worth something. Long term we'll be paying rent to the Chinese and Germans just to live here, there won't be much left for comforts.