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Next Line Of Crash

The negative feedback loop for United Kingdom was formed long back. However, US Fed's QE and ZIRP, Euro-zone issues and safe-haven flows into Pound along with a minor role played by the London Olympics delayed the crash of the no-so-great Great British Pound.

Moody's strips UK of top rating

Now, nobody can stop it or change the direction. Next line of crash will happen now. The crash will force UK to default on its debt.