Actually migro from what I've read us debt is like 66% of gdp not 100%,
Thats not to say their debt isn't ridiculously high.
@Greece. I read a report in the paper that 1/4 of all taxes in the entire country aren't paid due to corruption. People and businesses alike pay off government officials so they don't have to pay all of their taxes. On top of that their huge public sector is just unsustainable.
I understand why many Greeks are rioting. I mean it would suck to have welfare cut ad wages cut whilst taxes and being increased. But it needs to be done in order to get the country out of the mess. Being pissed off at the politicians is the right thing to do, but it should be about why they got you into such massive deficits in the first place not about dealing with the problem. I hope that what most of the commotion is about.
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