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end quote from:http://www.washingtontimes.com/news/2013/feb/3/greece-swamped-by-illegals-from-north-africa-midea/
So, for example, Greece and Spain are both at or above the worst unemployment rates in the United States during the Great Depression. So, if you study the U.S. Great Depression what happened here is around 25% of the population (or more) had no homes and lived in camps in tents. So, things might eventually get that bad in Greece and Spain too. However, it is important to note that the Way European governments have worked was quite different than what we were doing in the U.S. during the 1930s. For example, because of so many people dying over 50 during the 1930s, Social Security was instituted during that time. However, since it began at 65 and most people died before 60 then it wasn't that big a drain on the country at that time. Now, as people are living to 90 and 100 on a more regular basis because of increased quality of diet, consciousness, education and medical care all the dynamics have changed, and this is the difficulty expense wise that the government is trying to deal with before full bankruptcy of the government is reached. This has been accomplished so far with computers. They no longer print most dollars they only do it through computer numbers through the Federal Reserve using a computer. So, banks are mostly just given numbers instead of actual physical dollars now. So, far this hasn't weakened the dollar enough to become enough of a problem to be addressed by our creditors as a nation. But, eventually this must be addressed and hopefully the sooner the better by our governmental Representatives of Both Parties.
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