2,044 karma · joined March 14, 2012
To pay back its debt all the US government needs is dollars, and hey, look, the US government controls the supply of dollars.
To pay back its debt, the Greek government needs euros, and, oh, the ECB controls the supply of euros. Oops.
If you say the US can't print money because it will cause inflation - well, in the current climate you'd still be wrong, but let's address one issue at a time. The bottom line is that the US and Greece are fundamentally different, and comparisons between them are simply wrong.
These guys certainly knew their stuff, and they also had a system: http://en.wikipedia.org/wiki/Long-Term_Capital_Management
It might be good for you to remember that those "masses" are just people with other things to do with their lives - they're doctors, lawyers, concert violinists, nuclear physicists, biologists, teachers, ... and they just want their damned browser to work without having to mess around, and preferably not break with cryptic error messages they don't care about, because, frankly, they have better things to do.