Dark_Lord_2008 on 23 April 2012
There is a huge irrational fear of debt within society whether it is personal or government debt.
Why are governments accepting bailouts from the IMF/World Bank and going into even more debt?
In acceptance of the bailouts the government must enforce unpopular austerity measures onto the people to make interest repayments upon the debt: through tax increases, national asset sales and public service cuts.
