The Euro Crisis simply explained
The amount of personal debt in the UK is scary high too:
The BBC story is the most revealing explanation I've seen to date. Interestingly enough it's saying that it's not really the politicians who screwed things entirely, but that good old fashioned greed and sense of entitlement from the people, who didn't understand the long-term impact of their behaviour and expectations...
I'm fast coming to the conclusion that the main lesson of history is that we fail to learn the lessons of history, and that boom and bust is inevitable...
In the meantime, riding bikes in the woods remains fun

