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Very good point - thanks for bringing it up.Your missing the most important part. Britain is forced to end it due to America threatening to offload their debt and destroy the British economy.
Look at America and everyones stance with their bonds, not that far off debt wise, main difference being it is more spread out than Britain making it harder to unilaterally control them. But if enough economies are effected they might all decide to dump them.
Debt kills empires. Americas debt has made it vulnerable.
