“Everything Is Fine”? Coinbase’s Video Says Otherwise About the UK's Economic

The video, titled Everything Is Fine, features a cheerful tune and upbeat lyrics paired with bleak imagery of poverty, inflation, and financial struggle.

The lyrics open with, "We ain’t got no troubles. No reason to complain", while scenes show crumbling buildings and individuals under financial pressure. Later, the video jokes about rising food prices with the line, "These fish fingers are a steal... just 100 pounds a meal".

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The release comes after a recent report from Fair4All Finance revealed that 20.3 million adults in the UK, roughly 44% of the population, are financially vulnerable. The rise is linked to factors like unstable incomes, job loss, poor health, and limited savings.

The report also found that debt is increasing among those with average earnings. About 3.5 million people in this group now carry high levels of debt, a 59% increase.

Young adults are also struggling, with 1.9 million relying on services like "buy now, pay later" and working under zero-hour contracts that offer no stable income.

Additionally, food bank usage has risen to 15%, up from 11%. Half of those in financial difficulty said they cannot afford to eat a balanced diet. Many are turning to payday loans and other short-term credit options just to pay for essentials.

Meanwhile, Coinbase recently introduced the Base app, a reworked version of Coinbase Wallet. How does the app work? Read the full story.