Austerity has been used as a weapon of mass destruction by the banksters for decades. What's being done to Greece is nothing new. The only difference is that using debt as a WMD used to be employed strictly against third world countries. The banksters and their cronies have now moved on to destroying the so-called "advanced" nations; and the U.S. is one of the countries with a big fat bullseye painted on it.
Anyone wanting to truly understand what's happening in Greece and other countries where austerity measures are being imposed needs to see the 1992 John Pilger documentary "War By Other Means" which shows how the banksters have repeatedly used debt as a weapon to extract wealth from nations. "War By Other Means" is a MUST SEE!