Can I just ask.. is this stealing?
I mean people there avoid taxes all the time, but still depend on their government in some ways. The stupidity of it aside isnt this just a tax, without anything morally wrong with it?
Flawed assumption: that a "tax" is not stealing because it's called a "tax."
While most of this is happening due to the indirect fault of governments, the direct cause is poor investments by private companies. This situation needed the standard bad bank US treatment by the FDIC but instead they way it was done has totally destabilized everything.