A Guest Post from Soupcruncher.
Britain is on the verge of financial collapse. Talk is now turning to an IMF bailout that would dwarf the Greek crisis of 2010–15. Economists outside the mainstream—Max Keiser (warning since 2010), Tom Luongo of Gold, Goats and Guns, and Alex Krainer—connect the dots with a tool absent from legacy media: basic logic.
The common thread is usury: the lending of money at interest. Interest-bearing debt transfers wealth from the borrower to a small cartel; a nation’s citizens become tenants on their own soil. The interest portion is not created when the principal is, so aggregate debt is mathematically unpayable. Only ever-larger refinancing can postpone default—until the music stops.
The UK is the clearest example. Official gilts already exceed £2.6 trillion [as at July 2025, UK Debt Management Office]. Add unfunded public-sector pensions and PFI remnants and true liabilities approach £7 trillion—about 270 % of GDP.
That is why the Treasury is quietly consulting Rothschild & Lazard for a £300 billion-plus IMF standby facility. The leaks outline asset-stripping: NHS real estate, Channel 4, the Royal Mint.
Empire never vanished; it simply changed costume. After 1945 the sterling area morphed into the eurodollar market, and Crown dependencies—from Jersey to the Caymans—became the West’s hidden balance sheet. The Bank for International Settlements in Basel, owned by 63 central banks yet unaccountable to any electorate, remains the spider at the centre of that web.
Ukraine was conceived as the empire’s last forward operation: break Russia, derail the Eurasian commodity nexus, and preserve London’s grip on global price benchmarks. NATO’s build-up in Yavoriv and Kramatorsk massed over half a million men and 3 200-plus tanks [according to leaked J-2 briefs and Russian MoD intercepts]. The assault on Donbas was pencilled for late March 2022; Putin’s recognition of the Donetsk and Luhansk republics on 21 February forced an early start. Russia’s economy then shrugged off “unprecedented” sanctions: GDP accelerated to roughly 3½ % in 2023; its trade surplus hit $230 billion. The rouble stabilised against gold at roughly 5 000 ₽ per gram—punching a hole in the petrodollar firewall.
BRICS now completes the alternative rails. Russia, China and India settle almost half their trade outside the dollar system. The BRICS Bridge ledger clears in local currencies or tokenised bullion—swift moves, no SWIFT. Saudi, UAE and Iran have all signed MOUs to invoice crude in gold-pegged instruments. When those cargoes flow, London and New York will no longer set the benchmark; they will merely quote it.
Donald Trump’s trial balloon of a new U.S. Treasury Dollar (USTD) backed 1:1 by audited Fort Knox/West Point bullion would torpedo 400 years of gold rehypothecation centered on Threadneedle Street. That single threat explains Sir Keir Starmer’s dash to Washington to endorse Kamala Harris: the Empire is biting to preserve its monetary monopoly.
Conclusion
Compound interest built the Empire; compound interest will dismantle it. Britain either repudiates its usury covenants—sovereign money, selective jubilee, debt-for-equity swaps—or becomes the biggest IMF liquidation in history. The choice is no longer ideological; it is arithmetic.
————————————————————
[Assignments to verify]
- £7 trillion liabilities: OBR July 2025 Fiscal Risks report, Ch. 7
- Yavoriv troop counts: leaked J-2 brief (Washington Post 12 June 2023, screenshot)
- Rouble/gold parity: Central Bank of Russia weekly bulletin, spring 2024 tape
The UK Gov act like they have no clue as to how the UK money system actually works. Their fiscal rules and austerity policies are functionally obstructive and simply justification for social engineering.
What the UK will never do is run out of £s. It has a treasury keyboard with infinite capacity to create the national unit of account. There is no economic reason for seeking a loan from anyone, the IMF most of all, when a Gov can create all the financial instruments it requires to provision the people of the nation.
This is why Scotland needs a sovereign currency in place on Independence Day.
Everyone should obviously do their own due diligence. I’m about as far from a financial guy as you can get. I’ve crosschecked using various search and ai. This is just my view based upon the views of far more qualified people. The Duran have done a couple of good shows recently on YouTube.
Highlight and search anything you’re unsure of and I guarantee some interesting results
Folks can debate economic theory and economic systems that few people can understand.
But there is one underlying theme that most sensible folks can understand and that is that the UK is on the utter slide whilst other countries prosper.
The donkeys might have been sold Thatcher and Reagan’s people’s capatalism. or how Brexit would usher in Britain’s Golden Era lying ahead. But just look around. A economy where the manufacturing base has gone, where the neo liberal big money interests have lundered and pillaged, where even the fabled London financial system is now heading for its knees.
Assets over bubbled. Everything from the mythical value of over inflated share prices to overinflated house prices to overinflated commercial assets that produces ever less. The parallels with other busted flushes are clear for all to see.
And now, war is the tried and tested solution. Rolls Royce, BAE systems are to examples of share prices going through the roof. RR price in fact has gone up ten times these last three years. Now that’s magic money – eh?
But that is where we go, with all too many ready to march in step filled with Britannic pride.
We won the war, and we shall win against the evil Russians, evil Chinese to name but a few of our mortal enemies. We wouldn’t after all be wanting to living in evil backword economy living on bowls of rice.and ot bottles of vodka.
Once again , superb work , Mark .
The fanatic Globalists of the E.U + terminally ” sick man of Europe ” , ie England-As-UK have placed all their ( and our ) chips on Project Ukraine , which has ATM metaphorically but very possibly in the near future literally blown-up in their faces (playing one-sided Russian Roulette with the eponymous is never advisable ) and , like all politicians , being psychologically incapable of admitting the utter of folly of their behaviour , are going for broke .
And ” broke ” is how they ( and , again , we ) are going to end up . And on present trajectory not * just * financially .
A perfect storm of circumstances are amassing , eg economic meltdown ; evermore restrictive/oppressive policing ; ” Immigration ” ( whatever your views on that issue ) amongst other potentially explosive subjects and Europe/UK is beginning to resemble nothing so much as Germany in the lead-up to Nazi takeover of that country .
Exaggeration , ” it could never happen * here * ” ? I’m sure that’s what many , most Germans thought – until it did .
Oh sure , it’s not likely to be as in-your-face as that time , eg goose-stepping , intimidating displays of State Paramilitary power & intent . It won’t need to be so crude ; but the effects could be just as lethal
We have our own highly secretive and ridiculously influential home-grown financial “Cosa-Scotia”, an “elite” which has always acted and will continue to act as a drogue on Scottish development and independence. A few words about that particular gang, it’s history, businesses, alliances and affiliations would be very welcome.
Indeed , Carmen ; there’s a very distinct information vacuum on that subject , surprising , given how much power and influence this almost invisible * hand ” exercises .
No surprise that the entirely bought n paid-for MSM churnalists don’t go anywhere near this subject – content as they are to lick the hand that feeds them , but you would think one of the few remaining * independent * journalist/commentators might have tried to shed some light in that direction . Nada .
I’ve been asking for some time and as recently as a couple of days ago …….who controls the snP ; who has such power and influence over/within that Party that enabled it to install proven and current failure Swinney , despite his abysmal performance previously ?
We see/hear vague references like ” shady/Sturgeonite cabal ” , but who exactly comprise this ” cabal ” ?
If there is any possibility of the snP being reformed and remembering where/when it ditched it’s soul & raison d’etre the names of those currently pulling the strings and holding the pro-Independence support to ransom must be exposed .
Personally , my sense is that it’s too late , the poison has penetrated too deep , to save that Party and the worst scenario that could happen to it is being given another 5 year term to inflict even more damage on our country and under it’s ” false flag ” of being the main vehicle of Independence .
Another five years under the same ( mis ) management , claiming ” victory ” whilst cravenly/duplicitously deferring to the Brit State as ultimate arbitor of our destiny and inflicting even more Identity Politics idiocy on the country would almost certainly remove any vestigial possibilty of renaissance within the snP
Explain to me how a country, with it’s own fiat currency and only ” borrows” money denominated in it’s own Fiat currency from a central bank that it controls , the bank which creates the currency , can go fucking bankrupt to the extent that it needs to go to the IMF for a bailout. !!