The more countries collapse, the more people understand the reason behind it. FIAT CURRENCY. The more people understand it, the more people find out ways to find an alternative. We already have an alternative. A decentralized crypto coin called BITCOIN. All they need is to understand bitcoin and use it according to their own terms. Once they adopt it, they'd possibly be a part of the happy ending, if there is any ending.
I guess time will tell. With Cyprus its population was 1 million people, with Greece it has 10 million people. Who's next? Portugal? Thats another 10 million.
Portugal already was, we have harsh austerity measures for the last 3 years or so.
Be the way, current economic problems in EU countries have nothing to do with currency, it's about corruption and incompetence in the management of funds, and poor economic policies, Euro is a pretty strong currency.
What sort of measures? Would be nice to know what to prepare for when this shit eventually comes my way.
I'm a bit bias the way I put this.
Destruction of public services like education and health care by restructuring them to save money, less scholarships for university students, like a LOT less, increase in university fees, and health care fees.
Increase in taxes, all of them, new taxes, 'confiscation' of the 14º month salary for 3 years I believe.
Social security takes a big hit, pensioners with already very low pensions see them frozen or even lowered.
Consequences of this policy, a lot of people emigrated, like a lot, specially young and with high education people, and this is starting to be a problem, because less working people, less taxes, now they're starting to talk about this and something is being done to attract this people back.
I still do not thing this is the best way to go, I did not agree with this, I didn't even voted for the people who decide this, but, at least in my end, life continues as it always was, if I didn't watch a bit of television, or read news online, I probably couldn't tell there was a 'crisis'...