True, Chrysalis. But I think the Australian situation is different, as most of our debt is not govt. debt - it has been incurred directly by the population, rather than indirectly through the elected govt. - oh, except Qld has debt of $20,000 per person.
But even so I don't think that the Greek people can be exonerated from blame - they elected their political leaders who got them into this mess. And we are not much better, with the unfunded liabilities that our political parties (both sides) have committed us to in terms of health and superannuation.
