PIIGS is an acronym for Portugal, Ireland, Iceland, Greece and Spain. BRIC is an acronym for Brazil, Russia, India and China. What these two groups have in common is that they are countries, sovereign nations. What they don't have in common is the state of their economies at the present time. The first group of countries are suffering from a nervous breakdown caused by over spending and high taxes. The second group of countries have let the free markets roll. They are enjoying the fruits of their labors. Some may contest this because Russia and China are run by pseudo Communist dictators supported by the military. In any event, Greece, which is part of the PIIGS group, is in a most dire situation. They are about to suffer an ignominy due to the profligacy of government. 

Within the next month, Greece will have a choice, get their fiscal house in order or take the easy way out and leave the Eurozone? Another Greek Tragedy in the making. Be prepared for the worst, Greece is a Socialist Country which lacks the infrastructure, both political and legal, to jump start its tiring economy. Estimates of 30% unemployment are common. As the tragedy unfolds, many economists in the United States, not to mention the World Bank, are watching the events in Greece very closely. Because if Greece fails, the Eurozone cabal will fail. And if this happens, it will be every country for themselves. This does not bode well for the United States because we are one step away from following Greece into the dark depths of bankruptcy. Our politicians, like the Trojan Horse of Ancient Greece, have ushered in years of social programs (the Trojan Horse), but inside that Horse is the DAY OF RECKONING.

The American Tax Payer is about to understand the consequences of our wayward ways. We have reached a point where the Debtor has been given more rights than the Creditor,  the Defendant has been given more rights than the Plaintiff,  the Taxeater has been given more rights than the Taxpayer, the GOVERNMENT EMPLOYEE IS given more in compensation that those in PRIVATE INDUSTRY, the government takes from theSUCCESSFUL and gives to the PARASITE.  These situations cannot persist indefinitely. They have aroused our anger and we are now at a point of REVOLT. . Finally we have woken up to what ails us. We are beginning to understand the reason for our current state. And those who  are guilty of  PERPETRATING  THIS FRAUD ON THE CITIZENS OF THE UNITED STATES WILL BE BROUGHT TO JUSTICE.  These crimes cannot go unpunished.