Re: "We have just begun to hear the squeals of the dying PIIGS" Or, how reckless social and corporate welfare policies and growth of government threatens global stability.
The PIIGS (for the brain dead basher PIIGS= Portugal, Ireland, Italy, Greece and SPAIN) and the USA and for that matter the entire world have unleashed a wave of unrest that is spreading and will spread with their unsustainable, out of control spending.
Once PIIGS who have been feeding at the public trough are told that the decades of gluttony are over, they become angry. It's like trying to food away from a dog.
This is not just political commentary as it represents a grave threat to share prices worldwide.
It really sucks when the bills for all the FREE stuff become due and out grandchildren and great great grandchildren will be getting collection notices.