Fintech, crypto, AI Tax is theft.
Since 1970, every major US financial collapse has been foreshadowed by the same warning signal. Finance is dry, boring, and difficult to follow, but when one specific thing goes wrong in the world's backup system, it's like the chest pain before an impending heart attack.
The YooKay budget is somehow £1.2 trillion of a £2.56 trillion GDP. We are paying £105 billion in interest on a national debt of £2.9 trillion, and now borrowing another £148 billion. 4 disastrous experiments with socialism destroy 70% of our income, which more loans every year have to make up for.
There is no capital control law (yet) preventing an ordinary Englishman moving any amount of his own money overseas into foreign accounts as long as he follows rules about transparency and compliance. You do not need to notify HMRC or ask their permission, and tax is not due unless you make gains.
A tiny British jewel tucked away in the Caribbean houses more than $7 trillion in deposits and 75% of the world's offshore hedge funds. Its tax-free, easy-visa enterprise zones (like Tech City) have created a billion dollars of wealth since 2012 by courting entrepreneurs. It shows the way home.