For how long can you spend money you don't have? Greece just showed not only it doesn't last, but, ultimately the bill reaches the most vulnerable part of the population poorly governed.... It took a long time to prove inflation was a disaster and taking a toll on populations, hopefully it won't take so much to get the idea that endebtness and out of control deficits and spending are at the end the "not so rich" worse enemy....
Echoing the above... Guess what threatens the global economic recovery, a debt crisis (France, Spain, Portugal, Greece) with economies on the brink of defaulting or a set of drastic orthodox policies of healthy economies with no deficits?
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