It's not undergoing collapse but it is going to be no longer comparable to the likes of France and to a lesser degree, Germany from now on. The UK is now compa

It's not undergoing collapse but it is going to be no longer comparable to the likes of France and to a lesser degree, Germany from now on. The UK is now comparable to Italy and Spain - regional historic class-based wealth group at the top screws over massive part of the economy to maintain/grow it's much smaller percentage. After a lost decade already, the Conservative Party are on the verge of annihilation - I know people who work for investment banks and earn serious money and they will not vote Conservative until there's a completely new generation of middle-class Conservative MP's in charge. They see the bucaneer spirit of the old Conservatives as dead in the water replaced by corruption that wouldn't be out of place in places they used to sneer at (Argentina and Brazil being the most commonly cited examples). £14 a pint will be the straw that breaks the camel's back - lots of old boozers won't be able stay open as people drink at home.