This is Britain's Secret Economic Crisis: The Gilt Destruction

The video discusses the current financial crisis in the UK, focusing on the gilt market and its potential to cause an economic catastrophe. It explains what gilts are and their importance to pension funds. The video highlights the impact of rising interest rates and the government's growth plan, which led to market instability. The Bank of England's unprecedented intervention to stabilize the market is detailed, along with international reactions and political consequences for the UK government.

What concerns did the International Monetary Fund express regarding the UK government's fiscal policy?

How did the market react to the government's economic decisions?

What are the potential consequences of the current economic situation for the UK?