As long as the powers that be (1) don't realise that austerity causes recession causes tax income collapse causes worsening budget deficit even with savings on expenses, (2) don't recognise that it is in their power to nuke the markets, the speculators, the rating agencies; they won't be able to stop the wave from reaching them, too, and all grand schemes they could have followed amount to foolishness.

_{*Lunatic*, n.
One whose delusions are out of fashion.}