The Euro-Zone Crisis is Speeding up - WSJ.com

LIBERALS ON HUMAN BEHAVIOR AND BASIC MATH: The Euro-Zone Crisis is Speeding up - WSJ.com

It would seem an opposite perspective could be gleaned from the latest census results in the US, which highlight that overspending and overtaxing states in the US are losing population. Do we talk about the dollar breaking up with states like New York, California and Illinois running unsustainable budget deficits?

Let alone the US.

Some people are talking about an early 2011 global liquidity squeeze. After all, the banks and institutions have been funding unsustainable government entitlement policies that constrain growth.

But, to tell a liberal that someone might work less if taxes go up or that somehow there will be less investment if there is less money left to invest with after taxes - well, liberals just don't understand this kind of behavior or math.