It's will hurt .. however, It's hurting real bad right now. So much so everything is just about shut down ....
I'm talking Greece here...
so? .. and health care is suffering well, everything is suffering, so it seems to me it's going to be painful for some time. .HOwever, paying back the banks was always foolish imo. Merkel and her poodle put the banks first .. and let the people die ... . it's Angela Antoinette/Auntuonet.. .she let them eat cake. And anyway.
The truth is, she knew it wasn't working any more, even in her country .. she saw the signs, she's ready to moderate ... ..austerity without growth ..is the fast track for recession, which they have are all ready experiencing ... followed by depression .. . .Angela is ready to deal .. . .!