Quote Originally Posted by Croesy Blue View Post
I'm not sure what proof you have that this solution will cause "global economic collapse" though. We've had recessions before, yes times weren't great but there weren't days as bad as we've seen in Italy and Spain recently.

Is the cure worse than the disease, have you seen how bad things are in New York at the moment?
I haven't any proof. Evidence is plentiful though. Yesterday the US published data of new unemployment claims made there. It was 3.3 million, over four times more than at any time previously which includes the depths of the 1930s Great Depression.