There will be catastrophe before something like that will ever happen don’t you think mate ?……in world built on the council estate money lender model of debt, they won’t go quietly will they.
Look at the trick they played on Greece……could you see your average “35 year mortgage, Audi on the book, shopping centre with the credit card” British bloke wanting to endure that ?
He would fold like wet toilet paper at the first percentage point rise never mind a letter through the door with a CCJ……they will torture people before they let that debt go.
The only ones they don’t give a shit