In my book, The Coming Economic Flood, I stated one of two possible causes of the collapse is the sovereign debt default.
Is the IMF confirming it now ? Will it begin by end of September 2015 ?
The economies of the major blocs are so terminally sick and beyond remedy.
It does not really matter to know when it will happen but to know it will happen very soon within months and not years. And to be prepared spiritually and physically for its economic devastation.