Like a great socialist snowball rolling down hill ... no way to stop it, just wait and watch it breakup upon impact at the bottom of the hill!
Two generations of deficit spending leads to non sustainable debt, poverty and a loss of sovereignty. No bailout will restore the squandered capital. Nor will the Greek people easily accept the austerity.But live with it they must. Fifty years of deficits now to be followed by fifty years of poverty,austerity and political instability.. Young and educated Greeks will be leaving en masse. Meanwhile our grinning president who refuses to cut spending announces his new federal budget with a built in 1.3 trillion dollar deficit.
It would be nice if a conservative condidate put it in those terms or even started using EU as an example. Then draw the parallel to U.S.A.
yitbos