Quote Originally Posted by RandBlade View Post
No, not just hope but act accordingly: provide value to customers, cut costs where we can without cutting quality etc

If your companies not good enough to survive it should fail. Problem is government doesn't (until now in Greece) face that pressure.

It is pressure to succeed not fail that makes capitalism work.
Companies based on 'frivolous' consumption may not survive a consumer-deleveraging recession, regardless of how "good" they are. But businesses with massive debt, who made "bad" decisions (especially investment firms) have survived the global recession/depression....because they made themselves systemically important to the financial side of all other business, and needed gov't and central bank intervention.

Governments don't operate like businesses, and countries aren't just enclaves of "capitalism".