Originally Posted by raymor

This should be instructive to watch. Another country spent itself into unsustainable debt, just as the US has done in the last three years, trying to buy votes. When they can't borrow anymore, the spending has to stop and the people on the government tit freak out. Next, in order to get another few years of freeloading, the non-producers will vote in communism, taking over businesses and sucking the last bit if lived out them. Unsatisfied with $200 / month government wages, many will begin to operate an underground free market tax free, competing the cycle of getting back to the only natural economic system there is - you and I making a deal, refusing to give some bureaucrat 50%.