Agreed, also it is not clear to me how one country in the EU could implement a basic income, without there being some type of cascade effect where all countries essentially have to adopt the new economic model. I guess the only sure thing at the moment is that the current economic paradigm is going to break - although the totality of a new system is hard to conceive - especially when you factor in large-scale automation which necessarily redefines the role of labour in economics. In my opinion, fundamentally, economics is running into the problem of scarcity in a new way. The whole of economics is built on scarcity and we are now in abundance. How we implement and build abundance economics is the long-term challenge.It's quite possible that a basic income is going to be a component of a sound economic policy going forward. However, both Greece and Portugal are going to have to extricate themselves from what the markets consider to be their current obligations.