Is the UK Pound doomed?

KitCo believes so and it is an interesting read, here's an excerpt:

'Following in the footsteps of Greece and other basket-case sovereign debtors so adept at creative accounting, UK government accountants glossed over the Northern Rock bailout, the net effect of which made the deficit in 2007 look smaller. Convenient accounting like this cannot possibly instill confidence in UK government bondholders.

The bottom line is that the UK’s huge deficit is not sustainable. It will lead to ever greater amounts of so-called “quantitative easing” by the Bank of England, and inevitably this money printing – the turning of UK government debt into British pound currency – will sooner or later lead to hyperinflation.

I had always thought that the US dollar would hyperinflate and collapse before any other major currency. Lately, I am not so sure. Government spending and borrowing in the UK look even worse than the dire levels being reached in the US. Therefore, the dubious distinction of being the first currency to hyperinflate in the months ahead may end up going to the British pound.'

Interesting? Worrying?