Rachel Reeves leading Britain to doom! 'Time to stockpile guns and bombs'

But it looks like that’s what we’re going to get. It’s not me saying that. Right now, EVERYBODY is saying it. Bank of England governor Andrew Bailey has added his voice to the gloomy chorus as stock markets fly to the skies while government debt spirals.

America's top banker Jamie Dimon, chair of JP Morgan, has also sounded the same alarm, amid trade wars, runaway state spending and a possible US showdown with China over Taiwan.

Dimon told shareholders last week: “People talk about stockpiling things like crypto, I always say we should be stockpiling bullets, guns and bombs.”

He added: "The world's a much more dangerous place, and I'd rather have safety than not."

Kristalina Georgieva, head of the International Monetary Fund, is also worried warning: “Buckle up: uncertainty is the new normal.”

These aren't the usual low-level doom mongers. They're senior, serious people right at the top of tree. And they sound terrified.

Many financial experts fear that the lightning-fast development of artificial intelligence, or AI, is creating a massive stock market bubble.

So-called hyperscalers such as Meta, Microsoft, Amazon and Google, are pouring more than $400billion (£296billion) a year into AI development.

Yet US consumers spend just $12billion on AI services. US tech giants may be throwing billions onto a bonfire.

Meanwhile, the US government is in partial shutdown, blocking key economic data. The Federal Reserve and Wall Street are flying blind.

One slip risks disaster. If markets crash, it won’t be the fault of Rachel Reeves, but the scale of the fallout will be. Britain will take a beating.

Yesterday Britain was hit by four brutal economic blows. All land squarely at Reeves’s door.

First, the IMF warned we face the slowest growth in living standards across the Western world next year.

Second: we also face the highest inflation rate.

Third: unemployment has shot up to a four-year high, with Reeves’s horror Budget destroying 297,000 jobs in the last 12 months.

Four: Private sector wage growth has sharply slowed, making workers poorer.

Oh, and the Bank of England is warning we're marching into recession.

The economy has stalled while inflation, unemployment, debt, the deficit and taxes rise at speed. These aren’t random misfortunes. They're the direct consequences of Labour's policy choices.

Now we face a potential financial crash too. With the worst Chancellor, at the worst possible time.

Even more worryingly, Reeves is in denial.

Today, she's going to claim that Labour is “delivering national renewal built on the rock of economic stability”.

But there is no renewal. There is no rock. There is no stability. Only decay, drift and turmoil. And everything she’s doing now is only going to make things worse.

She’s snatched money from productive private sector firms and poured it into the public sector. That kills growth.

By staging tax raid after tax raid, she’s killed consumer sentiment. Her Budget in November budget will double down. The timing couldn't be worse.

I’m always wary of doomsayers warning of a stock market crash. Even Jamie Dimon won't pin down when it happens: maybe six months, maybe two years.

So maybe we’ll get lucky. Maybe it won’t happen. But most people think it will. Thanks to Rachel Reeves, we are completely unprepared if it does.