There is obviously something very wrong with our political systems. We should have smarter people at the helm of the countries to understand how economy works and not to do stupid moves that puts all the nations in dismal situation.
Unfortunately taxing rich is not much of the option to get out off the big debt. There are not enough rich around, or corporations to pay for the huge debts. If you tax them too much they simply leave, leaving the country in bigger recession.
At the end populous has to face the harsh reality and pay for the debt. Even though if I don't like this option, that's reality.
That's why I would be voting, if I'm Greek, for bankruptcy, reforms and fresh start. The reforms need to be smart enough to encourage business to invest, make good jobs, and make sure there is no overspending in the future.
Is this feasible? Possibly under some kind of dictatorship if ordinary folks won't cooperate?
What am I talking about? lol
The question that I'm asking myself more often, looking for solution too, is why don't we have smartest and most honest people of us all running our countries?
Obviously we don't have right democratic system to select them and reward them for good work. We have to reinvent democracy so we can find people like that to lead us.......to the bright future.
How difficult is that?