Is the UK Headed for an Economic Meltdown by 2026?
The headlines say inflation is falling and jobs are coming back. But if that’s the case, why are so many people struggling?
In this video, I covered what’s really going on behind the scenes. And it’s not just about money, it’s about broken systems, bad policies, and decisions made years ago that are now catching up with us.
Let’s break it all down.
You Might Be 20% Poorer Than You Were in 2020
You might not have noticed it month to month, but the average UK household is now about 20% poorer than before the pandemic. Here’s why:
Inflation has eaten into your earnings every single year: 6% last year, 6–7% the year before, and 12% the year before that.
Even if you’re earning more, your purchasing power is down.
Energy bills, food, and housing costs are through the roof.
As I said in the video:
“No wonder people are saying all the time, ‘Neil, I just don’t understand it. I’m earning a decent wage, but I’m just struggling.’”
The truth is: it’s not your fault. Most people haven’t made any major mistakes. They’re just caught in a system that no longer works for them.
The Rich Got Richer. The Poor Got Poorer.
While the UK lost 3.6% of its wealth in the past year, the U.S. saw an 11% gain in household wealth. A thousand millionaires a day are moving to the U.S.yes, you read that right—while 10,800 millionaires left the UK last year.
The wealth is flowing where it’s treated best.
In contrast, Britain is stuck in a high-tax, low-growth cycle that’s driving capital away. And when the wealthy leave, they take jobs, innovation, and investment with them.
AI Is Already Replacing White-Collar Jobs
I’ve been warning about this for years. And it’s happening faster than most people expected.
Even some of the best graduates PhDs from top computer science programs—can’t find jobs. Why? Because AI is doing the work cheaper, faster, and around the clock.
“Entry-level coding jobs are vanishing because AI is starting to do the work.”
So if you’re raising kids or choosing a career, think ahead. The world is changing fast, and many old paths won’t work anymore.
Personal Wealth Isn't Just About Money
One thing I teach inside my Psychology of Wealth program is that wealth isn’t just about how much you have in the bank.
It’s about:
Time freedom
Health
Safety
Living life on your terms
As I said:
“You don’t really need the money. You need what the money provides for you.”
If you’re constantly stressed about bills, jobs, or your future, you’re not truly wealthy no matter what your income says.
The EU Is Quietly Pivoting Away from the U.S.
Here’s something that didn’t make many headlines: Ursula von der Leyen says Europe doesn’t need the U.S. anymore when it comes to trade.
She’s pushing hard for deals with:
China
The CPTPP nations (including Japan, Canada, Australia, and even the UK)
And she’s even said the WTO is broken hinting at Europe building a whole new trade structure without American influence.
“We don’t need the US. As I understand it, the Americans actually left and have no interest.”
I expect this to be a major flashpoint especially if Trump returns to office in 2025.
A UK Collapse by 2026?
One article I read recently said:
“Make a note of the date… this is when the financial crisis becomes inescapable.”
It might sound extreme, but here’s what’s backing up that claim:
10% of working-age adults are now on benefits
£55 billion is spent annually on disability payments, expected to rise to £70 billion
Claims for things like ADHD, anxiety, and alcoholism are skyrocketing
There are even online tutorials showing how to phrase your claim so it gets approved
This isn’t about denying real conditions of course, some people need help. But when the number of claims rises faster than health data supports, something’s off.
And if the system doesn’t fix itself soon, the government will run out of money.
There are only two options:
Raise taxes
Borrow more money
Both will hurt growth, and the economy is already flatlining.
Crime, Immigration, and the Courts
This part got people riled up, but it needs to be said.
An Albanian man with 50 criminal convictions including false imprisonment and robbery was allowed to stay in the UK. Why?
Because the court ruled his crimes weren’t “extreme enough”.
Meanwhile, crime stats show Albanians in the UK commit around 4,000 crimes per 10,000 people, compared to 136 per 10,000 among British citizens.
“That’s not a typo. I had to double-check it myself.”
Yet if you even talk about these numbers, some people call it racist.
No it’s not racism. It’s data. And ignoring it only hurts the people trying to live peacefully and lawfully.
Final Thoughts
The signs are everywhere:
Families feel poorer even as they earn more
AI is replacing the next generation’s jobs
Wealth is fleeing the country
Benefits are rising faster than sickness
The government is borrowing with no clear growth plan
Courts are letting dangerous people stay
And global trade alliances are shifting dramatically
We are heading toward something big and fast.
As I always say:
“If you want to understand what’s really going on follow the money.”
Thanks for reading. If this helped you, share it with someone who needs to hear the truth. And don’t forget to check out the 4th of July sale on all my courses up to 90% off, even if you’re not in America.
Quick Recap:
UK households are ~20% poorer since 2020
AI is wiping out entry-level jobs
EU wants to ditch the U.S. in trade
10% of UK adults are on benefits—many questionably
Wealth and talent are fleeing the UK fast
A major UK financial crisis could hit by 2026
