Europe too. How's that any different from what the Fed and the US government are doing again? http://www.wsws.org/articles/2011/dec2011/euro-d23.shtml
Hasn't it always been like this? Some people in power are corrupt. This isn't exactly news or evidence of the end times.
its in all levels of society. look familiar? id be clown walkin' wit these kicks, crab bitch! http://www.bbc.co.uk/news/world-us-canada-16323666BB
Keynesianism is fail, the best thing its adherents like Krugman can come up with to solve the crisis is more debt, and if that doesn't work propose a staged alien invasion to take place. It's scienmajifism. http://www.24hgold.com/english/contributor.aspx?article=3747105782G10020http://www.huffingtonpost.com/2011/08/15/paul-krugman-fake-alien-invasion_n_926995.html
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