I'm going to take the example of what's going on in Greece and the other Eastern European states, and I'm going to be a bit bold and personal by asking how do Orgahs manage the current economic downturn, and will they be affected by the lower public spending?

For some more information, check the Yahoo link...
http://news.yahoo.com/s/ap/20100525/...us_wall_street

I'm very pessimistic about the future, particularly regarding the fact that I'm supposed to be going to university in England hopefully but more likely I will be going back home for uni, but still, there's some economic fundamentals which I don't quite get despite the fact that I've been doing economics in high school. But still, that's not the point, what matters is that the world is in a economic "hole" and it doesn't look too pretty either for the future.

My most important questions - Will the austerity measures change anything? Or will it create a downward spiral because we're not spending enough to fuel demand?