David, may I inform you, emm, that your view is, a little...out of place...?
Britain has already been in the situation Cyprus is in, in 2008. And went bankrupt. Only the mass-printing of money, to the tune of hundreds of billions of pounds, avoided the fall of Society as we currently know it.
Cyprus has only now reached Britain's 2008 situation, but cannot print any money, as they use the euro, and consequently have no say over their currency.

Have a nice day!
