Abra1d, I wouldn't take those warnings too seriously.
He says
'A dangerous experiment gone wrong
On the 1st of January, 1909, something happened for the first time in British history.
The government agreed to redistribute taxes to support people in their old age.'
He mentions something like we now have 500,000 civil servants whereas when we had an Empire we only had about 4000.
But all this stuff is like comparing apples and oranges. He considers all the costs of a large state and none of the benefits. We now have a better educated population who live longer and work and conbtribute longer and pay taxes for longer. We have a more sophisticated country which has increased productivity over the past 200 years.
Yes, we are in a bad financial situation, yes politicians blow lots of our money on windfarms, green projects and overseas aid while cutting essential services for our people, but that doesn't mean we should cut our welfare system even further. We should cut out the waste, the fees to fat cats, the bonuses to bankers, and the subsidies to rich land-owning aristocrats to erect windfarms on their large tracts of land. There are lots of savings that can be made without cutting the NHS and welfare to our people.
It is true that we may all be pawns in the powerbrokers financial games, but that doesn't mean we have to believe all their dire warnings and heed their advice to cut, cut and cut again.
The Euro will survive and grow stronger. It is politics that have led indebted countries to pool their sovereignty in order to be rescued, and that is exactly how the powerbrokers like it.
They will show us their "fiscal cliffs" and dangle us over the edge while uttering dire warnings, but they are playing a game to corral us to follow their wishes. They will not bring down their whole house of cards, they will only threaten to until we do as they wish.