WHOSE DEBT IS IT ANYWAY???  

  

   This world is built on debt, every country is more or less obliged to borrow, then when their debt is too big for them to handle they sell their debt. Then the countries that buy the debt have too much debt they sell the debt, eventually every country is carrying too much debt and they scurry around for somebody else to buy their debt, but nobody can, well except the Joe public, the tax payer. so they, have to pay for the debt with "austerity cuts", translated that means slashing their standard of living, throwing millions on the dole destroying all social services and selling off all public assets, so that the insane mery-go-round can start up again and the banks and bond markets don't lose their greed gotten gains.

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