As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.
Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.
The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.
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frankdye reblogged this from emergentfutures and added:
Bright side is that European vacation you always wanted is about to get a whole lot cheaper!
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successmafia reblogged this from emergentfutures and added:
Yup. You can only stick your finger in so many holes to stop the leaks. These bailouts of Greece have been bandaid...
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damn. i knew it was about time for shit to pop off.
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