What do the experts think would happen if the worst case scenario of Britain going bankrupt happened? I'm asking the question after reading this article in the today's Guardian:
http://www.guardian.co.uk/commentisfree/2009/jan/18/recession-bankingWould it mean that our hard-earned savings and pensions would be worthless and what scenarios, both financial and social, would the experts envisage? Finally,what is the likelihood of it happening?Thanks for your time