Because you listed a link to the Register and then listed a link to an American website, the majority of the folks here will invariably disregard what is being said.

No Plan B... that was always a very bad decision not to have one. I think the brink of failure isn't immediate; but it's close enough to where it will be in the next 5 years if not sooner.

Brink just connotes that it's around the corner.