Do you think a national bankruptcy in the UK would be possible or realistic?

I have just read this article here:

http://www.dailymail.co.uk/debate/columnists/article-1121427/PETER-OBORNE-We-8217-nation-brink-going-bankrupt.html

What do you think?

Bankruptcy can also be good:

- your debts vanish when money becomes worthless

- only when a government becomes bankrupt, it is possible for proper reforms and changes

I think the following countries could soon be on the brink of going bankrupt:

- Iceland
- Ukraine
- USA
- Japan
- UK
- Spain
- Germany