I expect a European bail-out means more billions will be added to USA debt, because we will fork over more tax revenues to keep our good bankster buddies in Europe and in the IMF in business, so they will buy our worthless bonds. Then later when we collapse, Europeans can get the IMF to lend us funds at ridiculous rates and force us to curb spending on things like, oh, military adventurism in far-off places and Social Security for little old ladies. Meanwhile, it just keeps going around and around . . . When the music stops, will there be ANY chairs? After reading articles like this, I prefer to do my dancing outside of the circle and a little closer to the exit, thanks.

We have to take into account that even if Spain´s budget deficit is similar to the U.S. and sligthly lower than the U,K.´s, Spain´s Public Debt is 10 points lower than both the U.S. or the U.K. I was watching now an interview with an economist called James Harold. He is completely wrong because Spain´s Public Debt is not only lower than Britain´s or America´s, but even lower than Germany´s. The problem in Spain comes from private debt, the same as in the U.K.