On September 26th, 2022, the U.K.’s economy, the 6th largest in the world, nearly collapsed as the British pound fell 5% to its lowest value ever at just 1.03 USD. This left the U.K. teetering on the edge of a very serious potential economic crisis. To illustrate the severity of the situation, nearly ¾ of pubs in the U.K. are currently facing permanent closure, citizens are purchasing generators and torches as they anticipate blackouts in the coming winter, and police are preparing for an incredible surge in violent crime and civil unrest as the cost of living will make for a very tough winter for the country. The driver for all of this was the announcement from the new U.K. government that they would be borrowing billions more pounds as a part of their mini-budget which sent the markets tumbling out of control. Unfortunately for the U.K., all of this is occurring while a recession looms on the global economy set to further disrupt the country in many ways.