I put a long, somewhat rambling comment on a Newslaundry article . Enjoy! The 'anger' in this article may be well-founded but it perhaps mangled the economics in comparing India with Greece and in using debt-to-GDP ratio as a barometer of a nation's overall economic health. I don't know how Britain and Japan managed to have such high debt-to-GDP numbers but they are among the most developed and richest nations on Earth — both being members of the G8. How do or did Britain and Japan manage to become so extraordinarily wealthy? Well, the history aside, in the 20th century and after the Second World War, they have been at the cutting edge of various kinds of technological innovations. While Japan has been the center of the automobile revolution in many ways, Britain is home to British Aerospace, Rolls Royce, and many similar companies. I bet if we look at the data of per capita number of doctors or engineers in those countries, the ratio would be better than in Ind...