Once you know the facts, grasp the size of the debts involved and know what happens to fiat currencies under pressure you will understand there is absolutely nothing that can save the Kwanstain at this stage.
Nothing. Last person out of that bongo party massacre turn out the lights.
What Europe is going to look like with it's current mix of strangers and houseguests probably defies the wildest predictions that Vault-Co has come up with in the past. The only way that Europeans will survive in europe is by forming up gated communities similar to the encamped fortresses of the Dark Ages. This time, the moats should be filled with burning pitch and the gates welded shut from the inside to resist the zombie-like hordes who will want to get at the people within. Kiss any semblance of law and order outside these islands goodbye.
The rest of the planet will see individuals and small groups survive but lots of governments and many of the trappings of civilization may just fade away for lack of interest.