Britain scrambles as the debt crisis worsens in Europe. Britain is one of ten countries that does not use the Euro for monetary currency exchange, but the demise of the Euro would have insurmountable impacts on Britain and the Island Kingdom. Britain's fortunes are not easily decoupled from mainland Europe. History has seen aggressors of rival powers being the insurmountable threat, but this modern-day threat is economic as the collapse of the Euro would bring a harsh backlash to Britain. A debt contagion crisis to cripple government finances, 40% of British trade is with the Eurozone region, Foreign offices being overran by British citizens with no money and involved in civil disturbances, and a domestic banking system exposure in lieu of a European collapse. The unthinkable has become the thinkable in a potential total collapse of the Euro with global ramifications unimaginable as bank failures and civil unrest will be unprecedented in the history of humanity. Britain has stepped … [Read more...]