1. Question, sir? Which one is the next Greece? The US? or Japan?
Seems like you think both countries are the next Greece.
And, as one who lived through the Post-WWII years in the US, I beg your pardon, but government expenditures -- on things like education, road-building, schools, loans for houses, everything imaginable, plus our aid to Europe generated our healthy economy, our good wages and our successful small businesses.
Globalization and deregulation ended that prosperity.
Libertarian economics is constructed on myths, myths about human nature and about economics.
Fact is we don't just operate from selfish motives. Ask any mother. Ask any grandmother. Ask anyone who takes care of or teaches children. Why do they do it? Because it makes them feel good to help and because it is just a natural instinct to protect the young, even the young of others.
It is strange this this man speaks about the economic history of the United States. I don't think he really knows much about it.