Originally written: October 22, 2008

British Prime Minister Gordon Brown stated Wednesday that the United Kingdom will likely join the recession trends felt around the world. This tide turning event for the UK is attributed by the global economic and financial crisis.

The economic catastrophe has sent the British pound down to its lowest point in five years against the US dollar. Canada's dollar has plummeted to its lowest in three years today.

Taking action on the banking system is just not going to be enough for the UK anymore, as Gordon Brown hinted today. That plan seems to work in Canada right now, where the top banks are being fleshed out from the smaller banks by the Canadian government with assistance set forth. For the UK though, it's time to join the global financial recession because that plan didn't work.

The United States fell to recession earlier this year because of a failed attempt to keep its economy at status quo, which in part deals hugely upon the banking system. Major countries like America, Italy, France, Germany, and Japan cannot, "insulate itself from it - Britain too," said Prime Minister Gordon Brown, in regards to recession today.

The global summit scheduled for next month in the United States is going to be a big eye opener for a lot of nations around the world. Britain in particular though are eying down the summit very closely.

The fact that the UK is not within allegiance to the European Union and Euro currency could hamper the UK's economic future. Most of the other European countries are bonded with the Euro currency, and it will be those European countries that collaborate together upon trying to orchestrate an overturn to current recession trends before they reach the depression level. As a result, the strongest nation in Europe would be lacking that support and teamwork needed to propel, so in effect it could leave the UK out in the dark. This is of course hypothetically, and an example of the worst case scenario.

These hypothetical future acts in the detergence of the financial system in the UK are nothing new though. The United States has faced these same problems for much longer now and realists are saying that the US dollar will be a dismal to their country, so they will scrap it and replace it with the brand new Amero currency under the North American Union - following suite of the European Union. Canada and Mexico would essentially convert to Amero as well.

If the United States parallels the Euro currency, then the United Kingdom surely should act fast and join the European Union or they may as well welcome back the Great Depression of the 1930's.

The fact that the British banking system was closer to a collapse last month than any other time in history since World War I says a lot about their future. Look at Iceland right now, they're still floating because Russia came to their aid financially.

Who's going to help Britain if they need it?

The United States won't help because they have their own issues. Canada won't because the government frankly cannot afford to do so. Russia certainly will not help because they're an enemy and same goes for China. So who's left? You guessed it, the European Union. However, they also have their own crisis to deal with too and until Britain converts to Euro, they will not be part of that cooperative rescue plan within the Euro synergy.

No matter what rescue plan is put forth within any individual country, I believe it will fail. The answer is clear. The financial future must consist of unionized currencies, based on continental divergence in order to stay strong. Major country based currencies shall become a thing of the past. This will save the world from Great Depression in the 2000's.