But mostly it's just a personal thing. I come from a working class family in Spain and my mum had no money to afford a flat so we were living with my grandma (after getting two degrees and a masters my mum finally got a good job and she's saving a lot now, but she works in Central America and has no flat in Spain).

Looks like it is pretty tough job market there if having 2 degrees and a masters results in being stuck in crappy jobs still.  At least she finally got a good job like you said but I find it almost the same situation over here.  The unemployment went up so high in USA so quickly that a lot of people with tons of experience were applying for the same basic low paying jobs as I was going for (during my 6 months of unemployment).  Basically you have people with bachelors degrees working at McDonalds now in the USA.  At least they can be counted as employed by the government right?  You might have a shit job but if you are employed then everything is A okay right?  Wrong

Problem with America is that a lot of good paying jobs are now gone for good (or at least a decent amount of years).  The main thing left now is shit jobs.

It's probably a worldwide problem, though I think it's much worse in Spain than in the US. Outside of services (shops, bars, hotels) and housing there is little else. Many skilled people here are leaving to America and Germany, after finding that their degree is useless in a society that wasn't built around quality jobs.

Wouldn't you if you already had your income cut by more than 40-50% already while our useless polititians got raises? You have to understand that most people here in Greece, know that we all had our share in our deficits, but only few bear the burden still, thus the riots.

And what would you do if aforementioned polititians did nothing for the best of your country? We have the strongest negotiation "card" in the world ATM. A Greek disorderly default could potentialy destroy the entire global economic system! Wouldn't you haggle more?

I'm not saying that we should blackmail the EU, but the measures could have been a bit smoother and fair overall. On  top of that, all of Europe tags us as useless, lazy and EU cancer!

It's not just the minimum wage. Pension cuts, Supplement pension cuts (fourth time in 2011!), estates tax increase (3rd time in 2011), VAT increase, Cigarette tax increase, unemployment wage decrease, etc

Decreasing minimum wage by itself cannot lower unemployment. Greece has so few factories and producing capabilities, who will hire all those people, even at low wages? Mark my words, these "austerity measures" WILL kill what's left of the Greek economy...

Some people have had their income slashed by 40-50% already! Stores and services have had their income reduced more than 70% (myself included). Can someone please tell me why we Greeks have it so hard while Portugal and Ireland haven't had so heavy measures forced onto them?

It's like everyone holds a grudge on Greece for some reason...

Good post and Denmark is a great example of having both a well developed socialist state and a liberal labor market. When talking german unemployment quotes you should never forget the costs of reunification, though. After 1989 economy in former east Germany basically imploded - they simply couldn't compete. Since then unemployment in the new german states has been roughly twice as high (11.3% vs 6.0% in 2011) than unemployment in the western parts. (Check out this link: http://www.spiegel.de/flash/flash-12125.html ) 

And I totally agree with the last line. A liberal labor market and a socialist welfare state actually complement each other in some ways.

Wouldn't you if you already had your income cut by more than 40-50% already while our useless polititians got raises? You have to understand that most people here in Greece, know that we all had our share in our deficits, but only few bear the burden still, thus the riots.

And what would you do if aforementioned polititians did nothing for the best of your country? We have the strongest negotiation "card" in the world ATM. A Greek disorderly default could potentialy destroy the entire global economic system! Wouldn't you haggle more?

I'm not saying that we should blackmail the EU, but the measures could have been a bit smoother and fair overall. On  top of that, all of Europe tags us as useless, lazy and EU cancer!

Maybe a few months ago.  Everyones pretty much written in the probability of a greek default at this point.

All a disorderly default would do at this point is force greece out of the EU.

Switching it's debt into Drachmas... which would then be greatly devalued vs their debts in euros....

HUGELY raising their debt.