Ireland, Spain, Portugal, just to name a few debtor nations, have reached a point of financial impasse. The people in the debtor nations do not want to pay for the public good provided and; hence, the governments are spending more than they are collecting taxes.
As financial crisis continues, political crisis is expanding. As of today, Kurds are digging in and expanding their protests in Turkey as the Arab uprising continues from the North Africa to the Mediterranean shores and to Arabian Peninsula and the Persian Gulf.
The culprit for political instability may be contributed to (1) lack of cohesive regional powers as was the case during the cold war era of the 20th century and (2) social networking technologies enabling people spread information without adequate processing of information to create knowledge, analyze, apply, and synthesize to intelligently articulate them.
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