just days ago:

http://www.democraticunderground.com/12524229

There is a European union-wide General Strike occurring on November 14!

The rich want to do to US what they're doing to Greece...and they'll manage it if we don't stop them.

There have been recent solidarity marches for those in Europe; here is a video of Occupy Portland doing a large march and being attacked and pepper-sprayed by police:

http://www.democraticunderground.com/12524174

"Elections have consequences"

to gain and keep power. I believe unemployment was 30% in Germany when Hitler rose to power, for example.

The thing is, I believe these "crises" are manufactured AS a power grab opportunity. Greece and Italy both had a Goldman Sachs consultant in power for a while when this all began, so you can see who is sticking their finger in the pie.

In case you didn't know, a few nights ago the Greek citizens demanded a no-confidence vote, and back in October, the Spanish citizens surrounded their parliament by the tens of thousands and demanded it step down. There is a European-wide General Strike happening on November 14!

The population of Greece is 10.7 Million. What proportion demanded a no-confidence vote? Even if it was 100,000, that's 1% of the population. In Spain, "tens of thousands" is less than 0.1% of the population. I don't dispute the passion of some groups against austerity policies, but I'm not seeing broad popular support for a different strategy in either case, and I don't tend to buy the "the voters were manipulated into supporting austerity" argument, any more than I bought the GOP's argument that people were too stupid or "entitled" to vote for Romney.

One more austerity program and all your problems will go away.

Thank their elected representatives for shoving their constituents into serfdom!

The pension system is basically non-existenc now(pensions below the poverty level don't really count as pensions).

This isn't a bailout...it's vengeance.

of what's happening to Greece.

nt

the government will literally run out of money in a couple of weeks without loans.

I don't know what the answer is but your suggestion will not fix anything - there will be no pensions, no salaries for public employees, no government services.

...... believe it or not, there are alternative economies, all around the world.

Is it results in lowering aggregate demand and that leads to a further reduction in GDP, meaning the current recession will be made worse. Look, if 5 years of austerity has created 5 years of recession, what do they expect a 6th year of austerity to do -- defy the law of economics and grow the economy -- fat chance of that ever happening. Until Merkel is gone in Germany Europe will remain bogged down in recession. A recession that is likely to pick up speed.

Endless cuts, or a healthy recovery.

This won't stop until those who have the gold stop ruling.

and Argentina is currently a very poor example.

Oh well. Go figure.

and Argentina has significant problems with inflation causing sunstantiial protests.

they did not have a debt crisis - they always had money to fund basic government services. Theirs was a domestic banking crises.

And even then they had to implement austerity measures, raise taxes and borrow billions from Europe and the IMF.