Adiós, Gran Bretaña

"Brought on by a veritable orgy of promiscuous spending, conspicuous consumption, and obsessive-compulsive borrowing, the affliction spreading northward from the Mediterranean is more of a threat than the Spanish Armada ever was," writes Justin Raimondo, "and the British ruling class knows it" — The Battle of Britain.

It's not just the Mother Country that needs to worry, though: "The Great Fall is coming, and the implosion of the Western banking system seems imminent, as the contagion threatens to spread and leap across the Atlantic to infect our own sick system of similarly 'too big to fail' banking institutions." Mr. Raimondo sees in the near future "imminent economic calamity, rising social protest, and increasing prospects of a major war."