The UK is teetering on the edge of another financial shock. Interest rate spreads are widening, but the pound is weakening

Everyday costs are exploding. Gas is up 94 percent. Electricity is up 78 percent. Fuel is up 49 percent. Hotels are up 38 percent. Rent and food are up 25 percent. Average earnings have fallen 2.8 percent. Citizens are being squeezed from all sides and the economic strain is driving a subtle exodus. This is a structural collapse in living standards that threatens confidence in currency and bonds alike.