Another Country in DEBT

I read through Bloomberg and after Greece's financial turmoil, now it's Ireland turn. Is this a sign that the economy is still in a stalemate. With the America's own bail out, is that a correct choice? Ever since the Sub-prime mortgage issues loomed in the US, things actually moved too fast. Pumping cash to bail out those dying companies, that may impact on the worldwide - employment and GDP.

Most of the people saw it worked at first in rescuing it's own market, but will that stop others too? I believe money is always moving around. There will always be a winner and a loser. Else, how would one earn money from stocks or commodities.

It's still my concern as to whether should I invest heavily. The ISM charts is still in a quite stable state. That means demand is still there. But, those would be from the US's own cash injection into the economy. Unemployment rate is still high up there at 10%. Even our own KLSE rises till 1500 since March 2010. It's just too fast as compared to the previous years. What will happen when it stagnant?

I would be glad if the whole market collapses. From there, I can accumulate all the good yield shares.