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