If you look back historically, admittedly a long time ago, there were three Afghan wars in which Britain didn't even come a good second. In more recent years the Russians were there with 120,000 men for ten years.
John MajorWell what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe.
John Major