In this report, I go over a Mial Online article that covers the leak of a U.K. Treasury report prepared for the Chancellor of the Exchequer Rishi Sunak.
This report notes that the U.K. economy is facing very strong headwinds and that even if the best-case scenario were to play out the economy would face years of increased taxation, austerity and inflation.
More worryingly, the report says the following: "The Treasury document warned that if the economy does not recover soon, the country could be thrown into a 1976-style sovereign debt crisis that could require an international bailout."
"Leaked Treasury paper suggests a £300billion body-blow to UK plc from the enforced lockdown": https://www.dailymail.co.uk/news/article-8313697/Britons-face-pay-freezes-tax-rises-cover-300bn-bill-coronavirus.html
Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
Support the channel:
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
BAT Currency: Uphold a/c name maneco