sustainability of global bailouts

sure. everyone in my opinion is pretty much undercapitalized (everyone meaning public sector)

and banks...

the bailout today is absolutely a sign of the times.

everyone who can do basic math can prove that greece is insolvent and knows that they just dont care

but.. bailouts are sustainable as long as the people providing them are subject to systemic risk

how long can public entities continue to print themselves into impossible to cover deficits to the point that people start withdrawling from banks and exporting their wealth?

lol.. and then where do you put your wealth when this is happening all over the place? that's the question..

i dunno...  i'm just thinking about how ... why is this situation unsustainable just because it is impossible? perhaps governments can continue to perpetually make fiscally unsound decisions.... without consequences?

north korea has been screwing its inhabitants for decades... just sayin'