What do Greece and an unemployed homeowner in Arizona have in common? They are both bankrupt with no hope of ever being able to pay back what they owe. As I wrote this, I realised it sounded as though I were making a joke (and a bad one at that). The reality is, unfortunately, not funny in any sense, but actually far more worrying.
The chancellor of the exchequer, George Osborne, has staked the British government's reputation on reducing the country's record-high peacetime fiscal deficit (11.4% of GDP in 2009). He has succeeded in making modest inroads since mid-2010, albeit by front-loading less politically contentious measures.
The financial crisis in Europe, and the suffering caused by it, is something that has increasingly drawn my attention. The population of young people - my own age group - is particularly affected by it. Therefore, I believe that questions such as 'What is wealth?' and 'What makes us wealthy?' are more relevant today than ever before.