Britain's bill is arriving. Debt, your mortgage, AI, the exit — and who pays. I read the plumbing before the news does. Make Britain Rich Again. Bon Viveur.

City of London, London
Joined March 2013
🚨📉THE SLOW DEATH OF BRITAIN: We have shit water companies so we buy bottled water. We have rubbish police so we hire private security. We have terrible healthcare so we pay private hospitals instead. Airbnbs in Cornwall pay council tax but get no rubbish collection, so they pay Biffa on top. An awful lot of firemen are now volunteers. NHS dentists don’t really work anymore, so you go private or you pull it out yourself. Our roads are littered with potholes nobody fills. Your privately funded tyres and suspension are the collateral. You are forced under threat of criminal prosecution to fund the BBC, and it’s so bad you pay for streaming to get news or entertainment anyway. Your bins are collected fortnightly, so you drive to the tip. The tip now requires a booking, a permit and proof you live in the county. Garden waste is a separate annual subscription. On top of the council tax that used to cover it. Your GP surgery is an 8am phone lottery, so you pay £40 to an app to speak to a doctor in a different time zone. CAMHS has a two year waiting list, so parents remortgage for private assessments. Your child’s SEN provision is a legal entitlement, so you hire a solicitor to sue the council for it. The council spends more fighting you than the support would have cost. Physio is a forty week wait. Your back does not have forty weeks. Schools teach in portable cabins bolted to the playground because the actual building is held up by aerated concrete and hope. Half of them are technically insolvent. Parents fund the reading books, the glue sticks, the photocopier, the roof and increasingly the teachers wages - all via a PTA raffle and local fundraisers. The state offers “free” childcare hours that don’t cover the nursery’s costs, so the nursery bills you a “top up fee” for the free thing. Shoplifting under £200 is functionally legal, so Tesco hires guards - who crucially don’t even try to stop it - and you pay for them in the price of the milk. 999 takes an hour, so you buy the Ring doorbell, gather the evidence, file the report and get a crime number for the insurance you also pay for. Court backlogs run to years, so anyone with money settles privately and everyone else gets nothing. Legal aid is gone. Represent yourself. Passport and DVLA backlogs are chronic, so the state sells you a fast track service to escape the queue the state created. The trains are late whoever owns them, so you drive on the roads with the potholes. Public toilets are shut, so you buy a coffee you don’t want. The library is staffed by pensioners working for free. Street lights are switched off at midnight to save money in a country with a burglary charge rate near zero. You pay National Insurance for fifty years and they move the pension age. You pay the adult social care precept every year and then sell your mother’s house to pay for adult social care. Leaseholders pay for a “waking watch” because the state signed off the cladding and then billed the residents to fix it. Social housing sits on the most valuable land in Britain, allocated by need rather than proximity to work, 48% of zone 1 social housing is occupied by foreigners mostly welfare dependent - while the nurses, teachers and other workers who keep zone 1 running commute ninety minutes each way from Kent because we stopped building anything in 1979. Every one of these is a service you have already bought. The receipt is your payslip. The tax burden is heading for its highest sustained level since the 1940s. The service level is the worst in living memory. You are not overtaxed or underserved. You are actually BOTH, simultaneously, and the gap between the two is where your standard of living went. The state has become a subscription you cannot cancel and cannot use.
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T5 is quite the experience. My god… I mean no, it’s not, it’s fine. It’s good, actually. Really good. I’m a fan, if anything.
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British Taxpayers getting rinsed latest:
‘If you have pre-settled status, you can receive £75k over the next 5 years into your bank account, or even more. All you have to do is start a course and study for two days a week.” Gift article. telegraph.co.uk/gift/9530630…
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“A government that ends the planning veto, cuts energy costs, shrinks the regulatory stock and puts a sunset on new rules changes the investment calculus would see a much greater improvement in growth and fiscal balances as risk premia on UK capex fall, capital deepening kicks in, and firms hire and expand into a market that is finally allowed to grow with less restriction.” Yes yes yes.
Plenty to like in this list, but standard analysis is likely to get the size of the positive impact on growth, and the hit to fiscal balances, wrong. It will say that the supply-side reforms boost trend growth only modestly, but that fiscal measures such as the Employer NIC cut will expand deficits. Not so fast. Standard fiscal scoring captures the impact of each measure one at a time and aggregates, but likely misses the tailwind from a pro-growth regime shift. A government that ends the planning veto, cuts energy costs, shrinks the regulatory stock and puts a sunset on new rules changes the investment calculus would see a much greater improvement in growth and fiscal balances as risk premia on UK capex fall, capital deepening kicks in, and firms hire and expand into a market that is finally allowed to grow with less restriction. A couple of caveats. First, repudiating contracts and scrapping carbon pricing overnight could cause a short-term credibility shock, with gilt markets partly pricing in some chaos before pricing in growth. Second, scrapping the triple lock should be on the list. It would be pro-growth and anti-inflationary in its own right, and it would counter fears that tax cuts will lead to bigger deficits. @RobertJenrick
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Flight entertainment sorted for Wednesday
You might have 1–5 years to contribute intellectually to the world before AGI. What should you do with them? Excellent advice from @jaschasd (Anthropic) at Stanford. Skip Netflix tonight and watch this instead.
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Anglo Futurism Capital LP 🇬🇧🐿️ retweeted
£100,000: the point where your personal allowance starts to vanish. Set from April 2010 and never raised since. Between £100,000 and £125,140 you lose £1 of allowance for every £2 earned. That is a 60% income tax rate, before NI. Our Alternative Budget abolishes the taper.
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This is why you need Sovereign AI. Sovereign Energy. Sovereign Heavy Industry. Massive Capital Markets reform. Planning reform. Protectionism for British jobs. Thatcherism now serves only as a temporary fiscal reset, but without the open market external predatory effects. Once you have a strong fiscal footing you signal to bond markets and foreign investors that you’re once again run by competent people and open for business. Then you can start the necessary borrowing and private FDI capex to fund it all. Lean highly competent statism à la Singapore. “The night is dark and full of terrors”. I have, for some time, posited that when China can no longer sustain its economy through internal consumption it will start to project power externally… All great powers go through 5 stages: 1. Regional consolidation – building internal strength, unity, cohesion. 2. Aggressive ascension – rapid expansion, military and economic, grabbing territory and influence. 3. Peak maturity – top of the heap, stable global dominance. 4. Overextension – internal decay, too many commitments, loss of collective will. 5. Decline and collapse – fragmentation, leaving whatever legacy behind. It’s fractal – applies to nations, alliances, whole civilisations. The West (US-led Anglosphere and democratic allies) – deep in stage 4, overextension tipping into decline. That post-Cold War unipolar moment has unravelled: societies polarised to breaking point, endless wars we never properly win, addicted to cheap goods from rivals, low quality unchecked immigration weakening the culture and the economy, and no stomach left for real deterrence. We’re appeasing challengers instead of crushing them early. China (CCP bloc) – squarely in stage 2, full ascension mode. Consolidated internally from Deng through to Xi, turned society into a unified militarised machine, and now expanding hard: Belt and Road debt traps, critical minerals and metals grabs in South America and the CIS via public mining companies to own resource choke points, massive military buildup, IP theft on industrial scale, seizing maritime chokepoints, dehumanising the West in propaganda. Xi’s made it a textbook expansionist empire – wolf warrior diplomacy, domestic repression, territorial claims everywhere. The world is now naturally splitting into 5 big regional compartments by culture and ideology: • Western democratic/Christian • Chinese communist • Russian orthodox • Islamic • Pan-Asian (India probably leading eventually…) Multipolarity isn’t some happy balanced system. History screams it’s unstable – rising powers always challenge the declining hegemon until a systemic war sorts out who runs the show (Napoleonic wars, WW2, same pattern). China IMO isn’t angling for peaceful coexistence. They want regional hegemony in Asia-Pacific first – Taiwan is the absolute fulcrum for controlling the First Island Chain, the Western Pacific, and the semiconductor and world’s key man chip manufacturing hub – then global dominance later. Tactics are pure empire playbook. Aggression still looks imminent. A move on Taiwan could come any time now unless the West deters properly and credibly. That would likely drag in allies and go full WW3 territory fast. Appeasement and “interdependence” have failed exactly like the 1930s with Hitler. The West has to wake up sharpish: massive rearmament, complete trade decoupling, rock-solid alliances (real Quad-plus, not half-measures), and clean out domestic influences. If we don’t, China exploits the weakness, secures hegemony, and liberal democracy gets rolled back in a proper clash of civilisations; as things stand it dies. This decade – the 2020s – is already the decade of maximum danger. Patterns don’t lie. We’re the declining empire unless we rediscover collective will and spine, and fast. Cold War 2.0 is well underway, except this time the East is ascending and unified while the West is divided and soft. Time to pick a side and mean it.
🤖 Made with AI
🚨 CHINA IS FACING A GENERATIONAL CRISIS, AND THE NUMBERS ARE ABSOLUTELY TERRIFYING. China's economy is struggling so badly that millions of young people are finding it almost impossible to build a stable future. According to The Wall Street Journal, a generation that grew up believing hard work guaranteed success is now facing unemployment, layoffs, falling wages and growing financial pressure. And the numbers are shocking. • Youth unemployment among 16–24 year olds has reached nearly 19%, almost double the U.S. rate of 9%. • Unemployment among 25–29 year olds stands at 7.5%, compared with China's overall rate of around 5%. • A record 12.7 MILLION students graduated from Chinese colleges this year, entering an already struggling job market. • China's urban employment is estimated to be 37 MILLION JOBS BELOW where it would have been if pre-pandemic job growth had continued. • One Chinese economist estimates that the country's broader unemployment rate could actually be around 10%, nearly double the official figure. But unemployment is only part of the problem. China's property market collapse has destroyed jobs in construction, real estate and related industries. Major technology companies, including Alibaba and ByteDance, have reportedly been cutting staff. And now AI is making the situation even worse. According to the WSJ, some of China's biggest employers privately estimated that AI could eliminate 30% OR MORE of their existing jobs. A study covering 700 MILLION job postings found that AI has hit hiring demand particularly hard for workers with just 1–3 years of experience. Even entry level jobs that once helped graduates start their careers are disappearing. Meanwhile, the number of Chinese workers in temporary and gig jobs is expected to jump from 280 MILLION in 2025 to 320 MILLION in 2026. That would represent more than 40% of urban employment. And the impact is already spreading beyond the job market. Young people are delaying marriage, avoiding having children and moving back in with their parents because they cannot afford to live independently. Some are even giving up on traditional careers altogether. China spent decades building an economy where each generation expected to become wealthier than the last. Now millions of young people are questioning whether years of education and hard work are even worth it. This is a serious problem for the world's second largest economy. Weak employment means weaker consumer spending, fewer families being formed and even more pressure on China's already struggling property market. The biggest danger for China isn't just slowing economic growth. It's an entire generation losing confidence in its economic future. And if millions of young people continue to struggle to find stable jobs, China's economic problems could become much harder to fix.
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In principle this is not new. But the pentagon chief cited is correct that power is combat. It is sovereignty. But it always was, and we just lost sight of it due to climate hysteria and net zero retardation. Pour one out for Germany who are now learning this lesson the hard way.
FORTRESS: The Pentagon is preparing every major U.S. military base to survive 90 days without outside support — no civilian power grid, no global supply chains, no outside fuel or water. The initiative, revealed in documents reviewed by Fox News Digital, envisions portable nuclear reactors, massive battery storage, and microgrids that can disconnect installations from civilian electricity entirely. Strategic reserves of munitions, fuel, critical minerals, and medical supplies would be stockpiled based on wartime consumption rates. Civilian factories are being pre-identified to shift to defense production during a crisis. Pentagon chief spokesperson Sean Parnell put it bluntly: "Power is combat now. Without electricity, you lose communications, water, logistics, assembly lines and just basic military command structures." Full story here foxnews.com/politics/inside-…
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Possibly the best thing you’ll read all day
FT comments never miss. I don’t think I’ve read such a rational analysis of the situation we’re in for a long time.
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Bro doesn’t see his own actions, if (when) replicated at scale will be hugely wage compressive for plumbers. Same for all other blue collar work. White collar professionals rehiring down the income distribution or being unemployed due to AI also collapses the demand side. TL;DR — less work for less pay. Thanks for paying attention to this obvious second order consequence.
This quoted post is unavailable.
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“CCP assets, Chinese agents in the civil service… thought you ought to know?”
You can look at Chagos, the attacks on the SAS, lack of border control, the underfunding of the military, prosecution of Northern Ireland veterans as separate events from government that is ashamed of Britain or you can look at them as connected and a deliberate attempt to seriously, permanently weaken Britain.
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Predictions… Nothingburger budget from Healey, whose incompetence is visible from space, and r-Andeh who doesn’t know why we’re “in hock to the bond market”. In December, r-Andeh goes to the polls to get new mandate for big spending spree, sold to us as defence driven to ward off Putin and build infrastructure- because he can’t deliver what they want to under current fiscal rules. This will be a rouse. Labour will win if they go this year (and lose if they go next year*). On the timeline where they win, they will - of course - then borrow even more and spend it all on welfaremaxxing for their client groups. They then will crater the economy harder than anyone before them through even more retarded socialism. We then get net zero Miliband blackouts and Russian/Chinese/Iranian/North Korean AI driven cyber attacks on our grid and supermarkets/food supply chain. Iranian energy (oil refinery infra capacity lagged effect) and delayed Urea/Phosphorous fertiliser shortage via Hormuz = food inflation shock, so far not fully felt, landing too. Inflation broadly up. The least capable politicians of all time - a coalition like the Tories before them - will struggle to remain cohesive during this period and will split the party even further. This will cause leadership contests now they’ve popped their regicide cherry. Bond crisis from massive tax receipt shortfall in Feb* (will push them into election in May if haven’t gone in 2026*) causes sterling to get nailed, driving inflation up even further as cost of goods coming into Britain get much dearer - and the reaction will be widespread civil unrest because the population is broadly at breaking point mentally and financially - credit card defaults and delinquencies up, even more job losses, unemployment up, and that will all combine to spark fresh GE risk, potentially as soon as next year. May, perhaps, after local elections. Almost certainly by 2028. Only then —when the lethal combo of a bond crisis, an energy crisis, a food shortage crisis, a cost of living crisis on steroids, and Labour tax policy as the foreplay and AI decimating the labour market and tax base as the main event - all arriving one after the other or in some instances simultaneously —will the British people fully realize how doggedly and relentlessly fucked they have been by the Uniparty’s decrepit somnambulist Oxbridge PPE retards, since 1997. Then they will wake up. What they were promised hasn’t been delivered. What they believed was a lie. The new paradigm will force them to accept the 4th turning is upon them. They will want something new. Something radical. Something optimistic. They will vote accordingly.
EXCLUSIVE: Andy Burnham must “take the knife” to public spending in the budget or risk a Liz Truss-style crisis that will “crater” the economy and the government’s popularity, an ally of the prime minister has warned Andy Haldane, a former chief economist at the Bank of England, said he feared the government would deliver a “mañana budget” that deferred the difficult decisions on public spending and “doesn’t speak to the urgency of now” In an interview with The Times, he said that Britain was “close to being taxed out and maxed out in terms of borrowing”. He spoke of concerns that the government was failing to grasp how “precarious” the fiscal position was He said that the government needs to cut the size of the state and reduce taxes if it were to “unleash the animal spirits and generate growth” Haldane warned Burnham that he cannot “vibe-code” his way to growth, and raised concerns about the gap between the government’s rhetoric and the reality. He said that the government was effectively deferring the “day of reckoning” He also said that the decision to increase taxes on banks could show that the government lacked the courage to cut public spending. He said the move was “penny wise, pound foolish” and sent a broader economic message that if businesses make profits “the taxman cometh” Haldane said that while Burnham had the potential to be a “great prime minister” who could serve two terms, the economy was his “blind spot”. He said that the fiscal situation facing Britain was “precarious” “The penny has not yet fully dropped, including in Downing Street,” he said. “You see that in us having the highest borrowing costs in the G7, despite not having the highest debts and deficits. “It’s the old Hemingway [Ernest Hemingway, the author] thing, isn’t it? How do you go bankrupt? First slowly, then very quickly. The biggest risk to Andy not transforming Britain, to not serving two terms, to not being seen in the history books as a great prime minister, is not political risk. “It’s not those who sit behind him. It’s probably not even those who sit opposite him in Westminster. Keir [Starmer] lost the dressing room. Andy’s biggest risk is that he loses the dealing room. And then that’s an even more painful way to go, as Liz Truss would tell you.” Andy Haldane: PM risks Truss-style crisis if he dodges tough choices thetimes.com/article/9b12c00…
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“We have no choice” - I can see it now @trevgoes4th
🤖 Made with AI
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Replying to @technopopulist
Better point - adjust any claim against the aggregate net contribution of European civilisation. In truth, Dawn Butler owes a debt to us…
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That former treasury advisor is, surprisingly enough, right. Sovereign AI is the only game for Britain to play now. We must mobilise maximum resources toward it, or be left behind, forever.
A former Treasury adviser tells The Times we are “on the precipice of the biggest technological wave of innovation with AI since the invention of the steam train. And we are in grave danger of not having a seat at the table. Economic power now is national security”.” Developing sovereign AI capacity both at the hardware and model level (and across a range of other emerging technologies too) will be the single biggest mission of a Restore government alongside demographic security. Helpfully, that goes hand in hand with delivering remigration in an orderly way with minimal disruption.
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🚨🚨🚨 My early GE alarm klaxon going nuts right now 🤣
👀 Election fever has already spread beyond Westminster. Last week a Lib Dem councillor told HQ that he had tried to order some new Correx boards - the plastic placards used in election campaigns - only to be told the company could not fulfil the order for another month because it would be using all of November to complete a large order for the Labour Party. From today’s weekend long read with @whazell Story 👇 inews.co.uk/news/politics/in…
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This is AngloFuturism. This is our answer - precisely because everything we need to do has already been done before. Lee Kuan Yew proved it by literally running our software on his swampy hardware - and far better than we have for the last 40 years. He even left Raffles up on his plinth after independence, because he knew capital allocators read continuity as a promise. Something you can trust in. Something you can invest in. And if nothing else, the British state was successful due to it being high trust; all our innovation and growth all possible because investors trusted the stewardship of Britain’s elites. Then LKY took the best tool we ever built and applied it everywhere. The Land Acquisition Act of 1966 let the state buy land at existing-use value and keep the uplift, and that uplift paid for the HDB estates. We invented that. Under the New Towns Act of 1946 we built Stevenage and Harlow on farmland bought at agricultural prices. In 1961 Parliament handed hope value back to the landowners and the building stopped. Singapore kept what we threw away and became rich on it. We're at a crucial point of no return and under the Uniparty’s watch about to make the same mistake with the automation age. The country that put Calder Hall on the national grid in 1956 now can't build Hinkley Point nor connect a data centre. OpenAI painfully put Stargate UK on hold this year over our insane energy costs and regulatory uncertainty. Around 140 projects are queuing for 50GW of grid capacity, more than Britain's entire 45GW peak. SW1 NPC Lanyardistas unthinking answer is a £500 million Sovereign AI Unit - while SpaceX spent $12.7bn on AI in 2025. Levels to this game. We must stop waiting for permission. No one is coming to save us. We must restore existing-use value for strategic land and let the state keep the uplift again. Consent reactors on a fixed clock and wire data centres straight into them. Cut waste by £150bn (@GreatBritishTT have explained how you can do this) and re direct that flow into building infrastructure. This will create vast amounts of jobs and tax receipts. Then having demonstrated to the bond market that the British state is now wildly competent (lean, run by experienced operators, hyper focused on a handful of policy areas) you then go borrow more. Yes. More. Debt to GDP % be damned so long as the projects you invest that borrowed money in have a solid and compounding return profile over time. The moron premium will be replaced by a progress discount - because the returns from the initial Capex spend will be massive, hugely deflationary across multiple goods and services improving. Cost of living for millions of working people, and those returns will compound over time. Then point a larger and gradually increasing% British pension capital at British power stations and the substrate instead of at other people's index funds. A sovereign model at 60% of the frontier is cheap once the electrons exist. Without them we rent our thinking from whoever owns the power, and a nation that rents its thinking has already handed over its future, it becomes a post-national vassal. It can be switched off at a moments notice. This is to say nothing of having individual AI models totally focused on one topic. Specialists > Generalists. Think: defence, cyber security, energy. Etc. We literally wrote the manual on how to build the most successful civilisation the world has ever known. High time we re-read that manual and apply its lessons.
The future is ours
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Rupert is the only politician in Westminster to have grasped this immutable fact. Without a sovereign AI Britain will become post national. We become a vassal state and our people will become permanently part of the global underclass. We must build cheap abundant energy to power the substrate which must be built and we can deliver prosperity and jobs for millions of British people all over the country. This is a once in a millennium opportunity that future historians will look back on as more important than the Industrial Revolution, another British innovation. Huge wealth will be created and it will concentrate in new places, because this is a new paradigm and with it comes tremendous opportunity. We must seize that opportunity. This will require a seismic reordering of our state to become hugely efficient, lean and competent. Without that change, it simply won’t happen. Rupert sees the future. Do you?
AI is going to change the world, it already is, whether we like it or not. We need sovereign AI capabilities that will mean our national interest is protected - from the impending cyber warzone, and so much else. Everything will change, and Britain has already been left behind.
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