31 Dec 2011

FKN Newz "2012 PREVIEW" - Peak Life?

Hackers plan space satellites to combat censorship

Computer hackers plan to take the internet beyond the reach of censors by putting their own communication satellites into orbit.
The scheme was outlined at the Chaos Communication Congress in Berlin.
The project's organisers said the Hackerspace Global Grid will also involve developing a grid of ground stations to track and communicate with the satellites.
Longer term they hope to help put an amateur astronaut on the moon.
Hobbyists have already put a few small satellites into orbit - usually only for brief periods of time - but tracking the devices has proved difficult for low-budget projects.
The hacker activist Nick Farr first put out calls for people to contribute to the project in August. He said that the increasing threat of internet censorship had motivated the project.
"The first goal is an uncensorable internet in space. Let's take the internet out of the control of terrestrial entities," Mr Farr said.
Beyond balloons
He cited the proposed Stop Online Piracy Act (Sopa) in the United States as an example of the kind of threat facing online freedom. If passed, the act would allow for some sites to be blocked on copyright grounds.

Whereas past space missions have almost all been the preserve of national agencies and large companies, amateur enthusiasts have in recent years sent a few payloads into orbit.
These devices have mostly been sent up using balloons and are tricky to pinpoint precisely from the ground.
According to Armin Bauer, a 26-year-old enthusiast from Stuttgart who is working on the Hackerspace Global Grid, this is largely due to lack of funding.
"Professionals can track satellites from ground stations, but usually they don't have to because, if you pay a large sum [to send the satellite up on a rocket], they put it in an exact place," Mr Bauer said.
In the long run, a wider hacker aerospace project aims to put an amateur astronaut onto the moon within the next 23 years.
"It is very ambitious so we said let's try something smaller first," Mr Bauer added.
Ground network
The Berlin conference was the latest meeting held by the Chaos Computer Club, a decades-old German hacker group that has proven influential not only for those interested in exploiting or improving computer security, but also for people who enjoy tinkering with hardware and software.
When Mr Farr called for contributions to Hackerspace, Mr Bauer and others decided to concentrate on the communications infrastructure aspect of the scheme.
He and his teammates are working on their part of the project together withConstellation, an existing German aerospace research initiative that mostly consists of interlinked student projects.
In the open-source spirit of Hackerspace, Mr Bauer and some friends came up with the idea of a distributed network of low-cost ground stations that can be bought or built by individuals.
Used together in a global network, these stations would be able to pinpoint satellites at any given time, while also making it easier and more reliable for fast-moving satellites to send data back to earth.
"It's kind of a reverse GPS," Mr Bauer said.
"GPS uses satellites to calculate where we are, and this tells us where the satellites are. We would use GPS co-ordinates but also improve on them by using fixed sites in precisely-known locations."
Mr Bauer said the team would have three prototype ground stations in place in the first half of 2012, and hoped to give away some working models at the next Chaos Communication Congress in a year's time.
They would also sell the devices on a non-profit basis.
"We're aiming for 100 euros (£84) per ground station. That is the amount people tell us they would be willing to spend," Mr Bauer added.
Experts say the satellite project is feasible, but could be restricted by technical limitations.
"Low earth orbit satellites such as have been launched by amateurs so far, do not stay in a single place but rather orbit, typically every 90 minutes," said Prof Alan Woodward from the computing department at the University of Surrey.
"That's not to say they can't be used for communications but obviously only for the relatively brief periods that they are in your view. It's difficult to see how such satellites could be used as a viable communications grid other than in bursts, even if there were a significant number in your constellation."
This problem could be avoided if the hackers managed to put their satellites into geostationary orbits above the equator. This would allow them to match the earth's movement and appear to be motionless when viewed from the ground. However, this would pose a different problem.
"It means that they are so far from earth that there is an appreciable delay on any signal, which can interfere with certain Internet applications," Prof Woodward said.
"There is also an interesting legal dimension in that outer space is not governed by the countries over which it floats. So, theoretically it could be a place for illegal communication to thrive. However, the corollary is that any country could take the law into their own hands and disable the satellites."
Need for knowledge
Apart from the ground station scheme, other aspects of the Hackerspace project that are being worked on include the development of new electronics that can survive in space, and the launch vehicles that can get them there in the first place.
According to Mr Farr, the "only motive" of the Hackerspace Global Grid is knowledge.
He said many participants are frustrated that no person has been sent past low Earth orbit since the Apollo 17 mission in 1972.
"This [hacker] community can put humanity back in space in a meaningful way," Farr said.
"The goal is to get back to where we were in the 1970s. Hackers find it offensive that we've had the technology since before many of us were born and we haven't gone back."
Asked whether some might see negative security implications in the idea of establishing a hacker presence in space, Farr said the only downside would be that "people might not be able to censor your internet".
"Hackers are about open information," Farr added. "We believe communication is a human right." Source
By David Meyer

30 Dec 2011

International Dateline Has Now Moved - Sun Rises 2 Days Early in Greenland +

samoa changes the international dateline: (or was it done at scientists request?!): Source 
I raise the question because of the OTHER events that happened this year...
greenland sun rises two days early: Source
Compasses thrown off: first the google search: Source
then watch the videos: Source
mass animal deaths: Source
new sign in the zodiac due to change in earths orientation: Source
Changing runways to meet the new north is rare: Source
several new comets and meteor showers: Source
earthquake uptick and weather changes: Source

UK Government reveals 'alarming' pension shortfall

Ministers yesterday said they were "alarmed" by the figures and warned that millions of British workers facing a "poorer future" when they retire.

Fewer than four in 10 Britons are saving into a private pension, the lowest level for a decade, according to official figures.

The new analysis by the Department for Work and Pensions found that the number of working-age people saving into a private pension fell from 46 per cent in 2000 to 38 per cent last year.
The fall was most dramatic in people under the age of 40, while men are less likely to have saved for their retirement than women.
An estimated 11.6 million people currently have private pensions, meaning that millions fewer people are saving for one than a decade ago.
Steve Webb, the Pensions minister, said: “With fewer people saving into a pension, lower annuity rates and an average of 23 years in retirement, many people could face a poorer future in their later lives.” He said that the “alarming” figures underscore why the Government’s pension reforms will be "vital”. From next year, companies will be forced to start automatically enrolling their staff in workplace pension schemes. This will give millions of people access to a pension for the first time.
The proportion of men saving for their retirement has fallen from 52 per cent to 39 per cent over the last decade. Among people aged between 20 and 39, pension provision fell from 43 per cent to 31 per cent. Mr Webb said: “We simply must put a stop this trend and get people saving. Automatic enrolment, beginning for the largest employers later this year, will get millions of people saving, many for the first time.” The Department for Work and Pensions found that the highest pension provision in the UK is in the South East, where 43 per cent of people are saving into a private retirement fund, and Scotland, where 42 per cent are.
The lowest pension participation is in Northern Ireland, London and West Midlands, where around a third of people save into a pension. Experts have warned that the “golden age” of pensions is over, and that millions of Britons will be left with measly retirement pots.
Joanne Segars, chief executive of the National Association of Pension Funds (NAPF), which represents the UK’s pensions industry, said earlier this month that the UK “simply isn’t salting enough away for its old age”.
Mark Hyde Harrison, the NAPF’s chairman, recently said that the pension industry has declined markedly. He argued that defined contribution pension schemes, into which about five million Britons save, were structured in an "inefficient and wasteful" way. Mr Hyde Harrison said: “The collective view is that our golden age of pensions is gone, and we are on course for potential failure.
The Government recently announced changes to the pensions system to make it easier for people who have moved house or job to be “re-united” with small workplace pension pots that they might have lost trace of. Mr Webb said that around £3 billion of unclaimed pensions are sitting in UK pension schemes. Source
Angelo: We would like to believe that these statistics also reflect a percentage of those who have got the message of the completely corrupt nature of the financial markets and therefore the precarious nature of "pensions" which we have often heard misappropriated and as described above, mismanaged. We accept that the the obvious reasons for the main shift... For similar reasons, it's the putrid state of the economy stupid!

Empire - The decline of the American empire

As the world is undergoing a profound transformation, what role will the US play in a post-American century? Source

2012 to be year of "global reset"

After a year marked by upheaval on the streets and uncertainty in the markets, Oxford Analytica CEO Nader Mousavizadeh predicts 2012 will see a 'global reset' while Monocle Editor-In-Chief Tyler Brûlé says business must go on a charm offensive Source

New Asian Union Means The Fall Of The Dollar

Tyler Durden's pictureSubmitted by Tyler Durden Submitted by Brandon Smith from Alt Market
New Asian Union Means The Fall Of The Dollar
One of the most frustrating issues to haunt the halls of alternative economic analysis is the threat of misrepresentative terminology. For instance, when the U.S. government decided to back the private Federal Reserve in lowering the interest rates on lending windows to European banks last month, they did not call this a bailout, even though that’s exactly what it was. They did not call it quantitative easing, or fiat printing, or a hyperinflationary landmine; rarely does bureaucracy ever apply honest terminology to their subversive activities. False terminology is the bane of every honest analyst, because in order for them to educate and awaken those who are unaware of the truth, they must first battle through the daunting muck of the general public’s horrifically improper perceptions and vocabulary.
The chain of financial events taking place over the past decade in Asia have been correspondingly mislabeled and misunderstood. What some economists see as total collapse is actually a new and decidedly prophetic (or engineered) transition. What some naively see as the “natural” progression of globalism, is actually a distinctly deliberate program of centralization meant to further the goals of world economic and political totalitarianism. Asia, and most especially China, is a Petri dish for elitist psychopaths. What we see as suffocating collectivism in this region of the world today is the exact social schematic intended for the West tomorrow. Call it whatever you will, but on the other side of the Pacific, like the eerie smile of a sinister clown, sits fabricated fate.
The genius of globalization is not in how it “works”, but in how it DOESN’T work. Globalization chains mismatched cultures together through circumstance and throws us into the deep end of the pool. If one sinks, we all sink, enslaving us with interdependency. The question one must ask, then, is if all sovereign economies are currently tied together in the same way? The answer is no, not anymore. Certain countries have moved to insulate themselves from the domino effect of debt implosion, one of the primary examples being China. Source/full story

Payback for paid revolution? Egyptian police raid US NGOs

Police in Cairo have today raided 17 civil society organizations as the country’s military rulers seek to find out exactly who has been funding the Egyptian revolution. As several of the pro-democracy and human rights groups were at the forefront of the revolution that swept through the country last January, Egyptian authorities have become increasingly interested in the foreign funding many of these groups receive. At least three of the human rights groups targeted in Thursday’s operation, the National Democratic Institute (NDI), Freedom House, and the International Republican Institute (IRI), are based in the US.

"Security forces who said they were from the public prosecutor are raiding our offices as we speak. They are grabbing all the papers and laptops as well," said one person working at NDI, who gave her name as Rawda, told Reuters.

The Washington-based IRI, which has served as an election monitor in Egypt’s ongoing parliamentary elections, reacted harshly to the raids.

“IRI has been working with Egyptians since 2005; it is ironic that even during the Mubarak era IRI was not subjected to such aggressive action,” a statement by the group read, Al Arabiya reports. Source/full story

Paul Wants to Check Fort Knox for Gold

POLITICO's James Hohmann reports from Atlantic, Iowa:
Ron Paul said Thursday that he’s eager to find out how much gold the United States really owns.
A supporter at a town hall meeting asked about Fort Knox:Would you reveal as president whether there’s actually gold there?”
Here is Paul’s full response: “Yes, and if I couldn’t accomplish that then there’s big trouble in this country. I may need to get some help for you. I tried for years to do this…I never went to Fort Knox. I made a request when the gold commission came up in the early 1980s. We had a study of the role of gold in the monetary system. There were 17 members, and I couldn’t get one other person to endorse the principle that we ought to go to Fort Knox and find out if there’s gold.”

“Gold is in more places than Fort Knox. There’s some in New York City, as well as at West Point. And there’s already admission by our government: ‘Well, that gold in New York City, we haven’t been able to verify that for a long time.’ And we all know, and that’s why the audit of the Fed is important, because there’s a lot of shenanigans that go on. They’ll loan the gold, and they’ll use it as collateral on these international transactions. So there’s so much that we have to know about. But that should be on high priority. So I will continue to do that. I think I’ll have a little more clout as president, and I thank you for the question.”
Many in the crowd of about 150 at the community center applauded energetically.
Crusading for the gold standard helped boost the Texas congressman politically, but of late he’s been trying to broaden his message to appeal to more traditional Republican voters ahead of the Jan. 3 caucuses. So the answer took him a little off message and reminded voters of his unorthodox views on issues other than Iran. Source

Iran spots US Navy near drill, 'ready for confrontation'

The threats are being ramped up over a vital oil shipping route which Iran's threatening to block. Tehran is holding large-scale wargames in neutral waters near the Hormuz Strait. The U.S. has its own contingent in the region, mainly to ensure passage remains free. Gayane Chichakyan is in Washington for RT.
Also, Shirin Shafaie joins RT - a researcher at the School of Oriental and African Studies in London, and also a representative of the Campaign against Sanctions and Military Intervention in Iran. Source

Ron Paul & Alex Jones Attacked On Iranian Saudi Assassination Story

I know the media is the mouth piece for government but come on, people can do their own research on things now.You like tying in ufo's and big foot with the dirty deeds of government, it use to work but people see through that now. Look no further than Fast and furious.Secretly selling arms to Mexican drug gangs that have killed many and still do today, which have included Americans as well as officials. Yes this is a crime developed among a group with in the government, this is the definition of conspiracy. It is rather entertaining watching the death of the corporate dinosaur media and at times frustrating. Source

The Depth Of Despair In The Gold Community

Today was the first day that we got some good action in the gold price. It will be very interesting to see if sellers appear as they have been during Asian hours. Just because the manipulators use the illiquid Asian hours to paint gold do not assume it reveals the nationality of the selling. The gold market as we all know on a day to day basis is totally rigged. In fact, find a market anywhere that is not bullied by some young buck who considers himself the Master of the Universe.
Gold is coming up on a tight group of four very major support areas that will hold the price from which the next advance is to take place. We have reached a point in terms of the depth of despair in the gold community that was never reached in the 1968 to 1980 reactions.
That is all this is. Just another reaction in a Gold price headed for Alf’s $4500.
I imagine when gold reacts off $2100 the stampede to the bath tub with their razor blades will be on again. Gold has in no way topped. The gold reaction per day in terms of percentage was nothing whatsoever. We have in no way reached the level called “thrilling with bullish bliss” common of a top. Every dollar we have won has been paid for in blood. All the short of gold wunderkin Masters of the Universe will have to be destroyed before gold is fully priced. The community, if you can still call it that, is in a psychotic episode that is soon to end. Source

CFR - What Have We Learned about Macroeconomics from the Crisis?

Experts discuss the lessons learned during the financial crisis and the importance of federal economic oversight in addition to regulatory reform. This meeting was part of the McKinsey Executive Roundtable series in International Economics.

Olivier Blanchard, Economic Counselor and Director of the Research Department, International Monetary Fund
Richard H. Clarida, C. Lowell Harriss Professor of Economics and International Affairs, Columbia University; Global Strategic Adviser, PIMCO; Former Assistant Secretary for Economic Policy, U.S. Department of the Treasury
Mark Zandi, Chief Economist, Moody's Analytics Source

29 Dec 2011

LulzXmas goes on: ‘Robin Hood hackers’ rob military retailer

Hacktivists from Anonymous have allegedly gained access to thousands of passwords and credit card numbers from Specialforces.com, an online military and law enforcement equipment retailer.
Fourteen thousand passwords and 8,000 credit card numbers were stolen several months ago and posted online right after Christmas, a statement purportedly by Anonymous on pastebin.com explained.
A Twitter account associated with secretive Anonymous has also posted a screenshot of an email from Specialforces.com admitting to the data breach. The email, dated December 15, advises customers to block all the passwords as a security precaution.
The alleged hackers explained they were trying to punish SpecialForces.com for selling equipment used against civilians. You get a kick out of pepper-spraying peaceful protesters in public parks

You have a fetish for putting people in plastic zip ties?they wrote.
The attack on SpecialForces.com is a part of so called LulzXmas – a weeklong hacking campaign by Anonymous against sites related to global finance, militaries and governments, PC World explains.
Anonymous were thought to have hacked Stratfor Global Intelligence, a think tank known as the “shadow CIA”, on Christmas Eve. Almost 10,000 unexpired credit card numbers were published and money supposedly spent for charity. Later, cyber activists associated with Anonymous denied executing the operation.
“The Stratfor hack is not the work of Anonymous”, they wrote on pastebin.com.
Anonymous, famous for politically-motivated attacks over the internet, has already denied some of the hacks attributed to them. For example, a threat to knock down Facebook or a data theft from the Sony Playstation Network.
However, after the Specialforces.com hack they vowed to continue to have themselves “a merry LulzXmas at the expense of capitalist pigs, corrupt public officials and all those third parties who cater to the continued oligarchic elite worldwide.” Source

'Israel govt most fascist in history'

Israeli warplanes have launched two airstrikes on what the army called "terror sites" in central and northern Gaza, killing at least one person and injuring ten others. The Israeli military earlier confirmed it's preparing for a new large-scale offensive against the Palestinian territory, which hasn't yet recovered from the assault three years ago. To discuss what's developing in the region right RT talks to Professor Haidar Eid from Gaza University. Source

Greek economic crisis turns tragic for children abandoned by their families

Nation shocked by stories of parents forced to give up children because of poverty – but charities warn of more cases to come

Even before Greece's economic crisis engulfed his own home, Dimitris Gasparinatos found it hard to provide for his six sons and four daughters. His wife, Christina, who was struggling to make ends meet with his salary of €960 (£800) a month and welfare aid of about €460 every two months, was unhappy and desperate.
Deep in debt, the couple owed money to the butcher, baker and grocer – the very people who had kept them going in the port of Patras, west of Athens. In their tiny flat, the family slipped increasingly into a life of squalor.
"Psychologically we were all in a bit of a mess," said Gasparinatos. "We were sleeping on mattresses on the floor, the rent hadn't been paid for months, something had to be done."
And so, with Christmas approaching, the 42-year-old took the decision to put in an official request for three of his boys and one daughter to be taken into care.
"The crisis had killed us. I am ashamed to say but it had got to the point where I couldn't even afford the €2 needed to buy bread," he told the Guardian. "We didn't want to break up the family but we did think it would be easier for them if four of my children were sent to an institution for maybe two or three years."
The next day, his 37-year-old wife visited the local town hall and asked that her children be "saved".
"She was visibly distraught," said Theoharis Massaras, the local deputy mayor and director of social works. "Requests for support have shot up. Last year we sent food to 400 families in Patras at Christmas. This year, 1,200 asked for help and they weren't what I'd call traditionally low-income people. Many had good jobs until this year when their shops and businesses closed.
"But to be asked to take children away was something new. When we visited their home and saw the situation for ourselves, the third world conditions, the poverty and filth, we couldn't believe our eyes."
In a nation as proud as Greece, where family always comes first, the plight of the Gasparinatoses quickly hit a nerve. Soon shocked reporters were knocking at their door. But testimony from charities, doctors and unions would attest that they are not alone.
As Greece prepares to endure a fifth consecutive year of recession, as the crisis extends its reach, as cuts take their toll, as poverty deepens and unemployment climbs, evidence is mounting that society is tearing at the seams.
Like the middle class, society's great connector, families are beginning to unravel under the weight of a crisis that, with no end in sight, is as much human as it is financial.
Tell-tale signs abound that in its quest to beat off bankruptcy, Greece is being hollowed out, a little more, with each passing day.
"People are going hungry, families are breaking up, instances are mounting of mothers and fathers no longer being able to bring up their own kids," said Ilias Ilioupolis, general secretary of the civil servants' union ADEDY. "Until now there has been a conspiracy of silence around the tragic effects of the austerity measures the IMF and EU are asking us to take."
From cases of newborn babies wrapped in swaddling and dumped on the doorsteps of clinics, to children being offloaded on charities and put in foster care, the nation's struggle to pay off its debts is assuming dramatic proportions, even if officials insist that the belt-tightening and structural reforms will eventually change the EU's most uncompetitive economy for the better.
Propelled by poverty, 500 families had recently asked to place children in homes run by the charity SOS Children's Villages, according to the Greek daily Kathimerini. One toddler was left at the nursery she attended with a note that read: "I will not return to get Anna. I don't have any money, I can't bring her up. Sorry. Her mother."
"Unfortunately, there's been a huge increase in demand from families in need," said Dimitris Tzouras, a social worker employed with the organisation for 19 years. "In the greater Attica region [of Athens], we're talking about a 100% increase partly because public welfare is in such disarray people have no one else to turn to."
Whereas in the past, pleas for help had come mostly from families where abuse was a problem, they are now from victims of the economic crisis.
"Parents who feel they can no longer look after children are calling in, but our policy is to do whatever we can to keep families united," added Tzouras. "The crisis has exacerbated underlying problems that in the past may just have threatened to tear families apart. It's not only the vulnerable. It's now affecting the middle class."
Few know more about the plight of children abandoned, abused and neglected in Greece than Costas Yannopoulos, who chairs the local charity the Smile of the Child. The Athens headquarters of his 16-year-old organisation is home to children who have endured life's worst excesses.
Inside the tidy, two-storey building are cots for babies who were abandoned in hospitals, found in windowless homes or taken from unfit parents.
Yannopoulos recalls the baby he discovered in a rubbish dump and the eight-month-old boy whose body had "turned to jelly" lying unloved in an overworked maternity ward.
"The crisis has made a bad situation worse," he sighed. "Alcoholism, drug abuse and psychiatric problems are on the rise and more and more children are being abandoned on the streets."
With the country's health system severely hit by cuts and the spectre of its economy becoming worse before it gets better, Yannopoulos has a plan to host children affected by "this war" in specially established "farms".
There is, he says, another Greece "of kindness and hospitality and caring about others" that all too often is overlooked.
Last week Dimitris Gasparinatos got good news. After learning of his family's circumstances, the wife of a wealthy Athenian businessman donated money for him to move to a new home with his wife and 10 children.
"This good woman has changed our lives. She has allowed us to hope again," he said. "The crisis has taken us places we never wanted to go. By the New Year, thanks to her, we will be in a new house, all together." Source

Slow Kill Holocaust: Proof the Government is Killing You?

Proof that the government is poisoning the population. With their stated goal to reduce population worldwide, the eugenicists who run the world government state have resorted to any means to reduce fertility, including the outrageous measures identified in the 1969 Planned Parenthood - World Population memo written by Frederick S. Jaffe.

That memo proposes reducing U.S. fertility via postponement of marriage, discouraging tax incentives for parents, encouraged increases in homosexuality, adding fertility control agents to the water supply and encouraging women to work, as well as measures including forced abortion and payments to encourage abortions. Many of these draconian calls for involuntary fertility control reflect some of the most controversial entries in the 1977 Ecoscience volume written by current White House science advisor John P. Holdren & population bomb scare-monger Paul Ehrlich.

From bisphenol-a, to GMO crops, fluoride in water and countless other toxins slow killing modern society, the elite controllers have intentionally triggered cancer, disease and sterility while trying to mask their attack through "slow" ambient poisons that gradually drag down the masses as they eat factory-produced foods, drink public water and are bombarded by packaging products of all kinds. Source

Rebel Libya cracks without anti-Gaddafi glue

Libya is heading into the new year as a completely new country - with new leaders and new hopes. But as the immediate post-revolutionary excitement fades - the different factions of the former rebels are turning on each other - in what may become a stark competition for power.  Source

Breastfeeding the Bankers - Honey, I Shrunk The Brokers

London brokers shrinking, boycotting JP Morgan, boycotting the financial system and command and control credit derivatives. In the second half of the show, Max talks to JS Kim of SmartknowledgeU about the MF Global fraud and gold and silver. Source

UK prepares for euro collapse with plan to block rush of cash

UK prepares for euro collapse with plan to block rush of cash that would push pound to unsustainable levels

Ministers are considering draconian plans to prevent a flood of money and people heading to Britain from Europe if the ailing single currency collapses.
Experts fear that the collapse of the euro would lead to the widespread movement of both people and money – with potentially damaging consequences for Britain if left unchecked.
The Treasury has drawn up contingency plans to prevent investors shifting huge sums of cash from the Eurozone to Britain – amid fears it could lead to a surge in the value of the Pound.
And it emerged yesterday that Britain’s borders could also be temporarily sealed against economic refugees from Europe if the collapse of the euro sparks widespread civil unrest on the Continent.
Officials insist the plans are being drawn up as a precaution – and do not indicate that the Government believes the collapse of the single currency is imminent.
The Foreign Office is also working on contingency plans for the emergency evacuation of thousands of British expats and holidaymakers from stricken countries.

Despite repeated attempts by Eurozone countries to prop up the single currency, many experts believe the 17-member currency cannot survive the coming year intact.
British officials believe that one or more countries, such as Greece and Portugal, could be forced to drop out of the single currency in order to tackle the dire problems in their own economies.
Ministers fear the break-up of the euro could have a devastating effect on Britain, dashing hopes of a recovery and sending the economy back into recession.
Anecdotal reports suggest some wealthy investors and individuals from countries like Greece are already moving money to the UK and buying property in London.
The Treasury, which has a central role in drawing up contingency plans for the euro’s collapse, believes a break-up could send international investors scrambling for a safe haven.
The transfer of huge sums of money to London could send Sterling soaring – threatening to crush the fragile recovery in exports which is central to the Coalition’s plans to ‘rebalance’ Britain’s economy.
Earlier this year the Swiss government was forced to intervene after nervous investors transferred cash there from the Eurozone, sending the value of the Swiss Franc to unsustainable levels. 
The Swiss authorities moved to peg the currency to the euro.
The Treasury is planning a different approach which will impose strict limits on the amount of money that can be moved in or out of the UK.
Treasury officials are also drawing up plans to deal with the impact on Britain’ s major banks, which have a combined exposure of £170 billion to the troubled economies of Greece, Ireland, Portugal, Italy and Spain.
Elsewhere in Whitehall there are fears that a collapse of the euro could lead to widespread civil unrest – and even spark a flood of economic refugees.
Some countries are expected to ground all flights and effectively seal their borders to prevent the flight of people and money. British officials are said to be considering contingency plans to seal the UK’s borders in a worst-case scenario – although any attempt to prevent the free movement of people is illegal under EU law.
The Ministry of Defence has also been put on standby to help rescue British nationals stranded in countries that are plunged into chaos.
Other EU countries are also drawing up contingency plans. 
Earlier this month reports in Portugal said the country’s borders would be temporarily sealed if the country drops out of the single currency. 
Strict limits would be imposed on cash withdrawals and euro notes would be stamped with an escudo mark until the new currency was printed and distributed. Source