Comment 75889

By iamjoe (anonymous) | Posted April 12, 2012 at 23:38:12 in reply to Comment 75843

See my post above replying to Borrelli.

Austerity is tough. But scenarios like Greece and Ireland happen when the economy is entirely dependent on the public sector for jobs and income, and the government goes broke.

When an entity goes broke, it means "there's no more stuff to give out"

You can't spend what you don't have.

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