In a series of Twitter posts, an increasingly-distressed Damian McBride today advised people to prepare for a financial crisis worse than that of 2008, as global stock markets continue to plummet.
The ex-Head of Communications at the Treasury urged British families to put their cash in a safe place, stock up on bottled water and tinned goods, and organise a meeting point with loved ones in case transport and communication networks in the UK go down.
He wrote: “Advice on the looming crash, No.1: get hard cash in a safe place now; don’t assume banks & cashpoints will be open, or bank cards will work
“Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.
“Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.”
Mr McBride said that Britain was close to reaching a similar point in 2008 – when he was within the Treasury’s top team – and predicted that a crisis 20 times worse is about to kick in.