Hi Hi, Hi Ho, It's Off To The IMF We Go....

Talks are afoot within government regarding IMF involvement in the economic "recovery" of the UK.

Last time it took a brake new government fronted by Margaret Thatcher to pull us out of the IMF hole. Sadly she did it by asset-stripping the UK. 

Successive government's have continued her legacy, by closing down various institutions in order to save money.

This time we have no assets to sell, no money down the back of the national sofa.

Gordon Brown sold all the gold at the bottom of the market back in 1999, so we can't rely on that. The government has sold off virtually all the buildings it used to own.

This time the IMF involvement will not be short, nor sweet. It will be long-term, it will be ruinous for most, a-la Greece. The welfare gravy train is about to come to a shuddering halt. If you are on benefits, start honing your shanty-building skills. 

For homeowners, start to consider your options to liquidate your asset (house) and move abroad permanently. There will be a raid on the perceived wealth based on the value of your home.

For savers, start to look at buying gold. 

The list of measures the government are considering, look like a list of financial measures from a seventies banana republic. No taking money out of the country, taxing of minimal wealth, taxing heavily anything that makes money, taxing interest on savings and taxing the primary savings themselves. 

The list goes on. 

By 2028 the UK will look like a banana republic in virtually every sense.

I'm just wondering how far to the left the government will end up by then.

Comrades.