Jeez, there is some tosh written about this crisis. Got a magic crystal ball, have you? Perhaps you work for the EU propaganda machine?
Greece, Italy, Portugal, Spain, Belgium and France ect (not to mention the UK under that financial genius Gordon Brown) have for many years been led by over-spending morons masquerading as responsible representatives of their people.
This financial idiocy has been going on for well over a decade. The idea that there is some quick, magic solution is STUPID. The idea that the whole world depends on the euro is equally STUPID. Even if the euro collapses – which it doesn’t need to; all that is required is to kick out the lunatic fringe and get back to proper, honest accounting – countries will STILL need and want to trade. Recovery from the crisis will be rapid. No country is going to sink below the waves.
YES, some if not most developed (HA, bloody HA) countries are going to have to accept a lower standard of living. TOUGH. Where is it written in tablets of stone that ANYONE is entitled to this or that standard? Europe and Humanity in general has been living well beyond its means for a long time, fuelled by arrogance and incompetence, for WHICH, by the way, NO SINGLE POLITICIAN (apart from Gordon Brown) has to my knowledge yet paid the price that ordinary people are paying.
This article is yet another in a long series of fatuous doom-mongering and nonsensical rants.