Global Financial collapse

[Finnster]

One of the points I wanted to make was that the govt spending and then the responce by the central bank are two different issues. I think that its easy to lump the central banks in with Congress or Parliment or whatever local gang of idiots a country has passing the laws, and just want to flush the whole system away.

Has everyone performed brilliantly? Obviously not, but you just want to be careful how you respond as you can just make things worse by doing what seems to be common sense responses.

Everyone's pissed at the Greeks, so want to punish them and their lazy lifestyle. Retire early, don't bother to pay taxes, public corruption and poor private sector business base.
Should they have been let in the Euro? Maybe not. But they are there now, so you got to deal with the problem in a managable way.