"SOVEREIGN DEBT CRISIS" IS A DELIBERATELY PROPAGANDISTIC TERM DESIGNED TO MAKE PEOPLE THINK THE DEBT IS "NATIONAL" AS OPPOSED TO GOVERNMENTAL.
THE PROBLEM DEBTS ARE NOT THE DEBTS OF PRIVATE BUSINESSES.
THE PROBLEM DEBTS ARE THE DEBTS CAREER POLITICIANS RAN UP FOR SOCIALISTIC PROGRAMS OF DUBIOUS VALUE THAT TAXPAYERS CAN NO LONGER SUSTAIN.
SOCIALIST PROGRAMS THAT TRULY MOST BENEFITED THE CRONIES AND PARTISANS OF THE CAREER POLITICIANS.
THE CRISIS WON'T END UNTIL THESE PROGRAMS ARE CUT.
AS THE NEW PM OF SPAIN IS PROPOSING.
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