>>61081182
London became the economic power of the old world because they vaulted so much gold and silver on behalf of international sovereigns and banks. They started the whole worldwide gold fixing system. The west spent so long manipulating gold and silver prices, that eventually the east started taking advantage of the arbitrage and slowly drained the metals out of London at a discount. If London ends up defaulting, they lose control of the price setting mechanism, and basically their status as a financial capital of the world. This is the sacking of Rome.