I guess you forgot what caused the economic collapse in the first place. Low-regulation capitalism in the US.

Whilst the Socialist government of Greece has been good for Greeks with tax avoidance and pensions at 55 being the norm, it is because of such political policies that has doomed the economy to failure. Unless Greece adopts a more democratic approach and as long as they continue to resist change Greece will be one of the most historically interesting but poorest EU states for a long time to come.

Left wing socialism is a great form of government providing they have someone else's money to spend. The Greeks went on the standard loonie left borrowing spree and now it's pay back time. But, there ain't any dosh to pay back and no desire nor strategy to do so. As with all 'moonbeams' in these circumstances they're blaming their benefactors for their self imposed mess. The really baffling feature about all this ongoing fiasco is, did anyone really think that Greece was ever going to pay back the loans. On what sound financial calculations did they base their projections? The senior directors of the European Central Bank and the I.M.F. should be prosecuted for criminal negligence, or at least summarily dismissed for gross professional misconduct. These senior executives were entrusted with £ billions generated from the tax revenue of millions of hard working people and they squandered it in a utterly ridiculous and futile attempt to temporarily shore up the failed experiment of ''The Euro Zone''. The ''Euro'' is doomed to failure and the fools in charge of taxpayer's dosh are living in denial. Portugal, Spain and Italy are all on the verge of following Greece into the abyss. The E.U., President Jean-Claude Junker says he feels betrayed by the Greek Premier, well the people of the Euro Zone should feel betrayed by Him and their governments.