If my memory doesn't fail me, this look like history repeat itself in 2008 Greece = BearStearns Spain = Lehman Brothers Portugal = AIG What happened in America are Corporations. Now we are now are talking about Countries. What the french says " This was a special Curcimstances". That what they says about BearStearns too. Time to belt up for the ride of your life.
Big difference... The UK has a printing press and a central bank guv'nor, who's not afraid to turn it on.
Hyper inflation then riots, followed by Honest dave fleeing to his country estate, Mob takes over whitehall, new govt in place, DEFAULT.
is that wise? if we get a conservative parliament that means the chancellor will be gideon george osborne III. is that very bad?