Not at all. The new basket of currencies will formally go into effect on October 1, 2016. At that time the renminbi will be given a weighting on 10.92%, SDR are a potential claim on the freely usable currencies of IMF members. In layman's terms, whenever IMF members don't have any money, they can use their corresponding share to pay their debts.

To be in debt.

Take advantage of the positive role of fiscal policy, make good use of government bonds, tax cuts and other policy tools, and to use the guarantee mechanism.

The meeting also stressed that in order to continue to effectively resolve various types of financial risks, it is necessary to not only resolve existing risks, but also to guard against various black swan events, and maintain a stable and healthy stock and bond market.

In addition, the UK is not part of the Eurozone, so it can issue its own money. This is beneficial in maintaining its competitiveness in exports, as it has autonomy in its financial policy. As the European debt crisis spread, this led Euroscepticism in the UK to ferment at a rapid pace and quickened the pace of Brexit.

Repaying your debt is only right and proper.

But these requests are reasonable. Isn't it just because the government were faking their numbers and hiding their debts, that this state of affairs came about in the first place? People should honor their debts, so of course they need to be more austere with their expenditure.

You can say that, but it wasn't the people that told the government to borrow money and squander it away. If you raise the taxes for people, can you even manage to give them a job?

Yeah, it really is like rubbing salt in the wounds, but that is the attitude you have to take towards debt.

I think it's not as black and white as all that. Of course, Greek's financial system is bad and the government was hiding the amount of public debt and faking figures, leading to the entire situation after the global financial crisis to snowball.