Letters of Last Resort for Monetary Deterrent: A Strategic Forecast for the United Kingdom in the Age of Offshore Dollar Collapse

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Authors: Essentia Vera
Cited by: 0

Abstract

This paper proposes a unified framework for understanding the United Kingdom’s strategic options in the event of a systemic collapse of the offshore US dollar system. Drawing inspiration from Britain’s nuclear deterrent doctrine—particularly the Letters of Last Resort—this study reframes the nation’s financial decision-making under conditions of global monetary stress. By mapping the strategic logic of nuclear deterrence onto contemporary monetary doctrine, the paper identifies four discrete response pathways available to the United Kingdom and concludes that adaptive repositioning within a multipolar monetary architecture represents the most rational course of action.

Fields of Study & Subjects

Global Financial Crisis and Policies International Relations and Foreign Policy Global Financial Regulation and Crises

Publication details

Journal / source
Zenodo (CERN European Organization for Nuclear Research)
Publication date
25 February 2026
Language
EN