General Discussion
In reply to the discussion: Greek Prime Minister Warns of Societal Collapse Like Weimar Germany; Citizens Storm Defense Ministry [View all]sabrina 1
(62,325 posts)it would be fixed in a short amount of time. But Iceland is on track eg, to have its loans paid back, and all signs show it is well on the way to recovery. They have also held accountable some of the criminals who were responsible for the crimes that collapsed their economy.
They are affected too by the disasters in all the other EU countries. Austerity which really means ('let's take advantage of the disaster we created to destroy all social programs while at the same time force the people to pay our gambling debts')is like a foreign invading army with WMDs and its beyond understanding that these sovereign countries have essentially given up their sovereignty, waved the white flag, without a single sign that it will even work to improve their situations.
Things just keep getting worse. Repeating the same failed policies over and over again, creating debt slaves out of once sovereign nations has not moved these forward one inch since these draconian policies began.