The UK is essentially three entities: the city of London (a wormhole to a giant offshore tax exile trusts network) and a quasi sovereign state, the Crown corporation and the actual sovereign state.
The money being siphoned off by the first two entities are largely immune to the oncoming UK nation state recession and are heavily invested in increased stateless globalization.
I mean... it can be tho? The case can be made that Capitalism creates horrible problems which cannot be solved by capitalism. The statement that Capitalism has created some of the most prosperous nations in the history of the world is also a true statement?