I'd guess that unrest is inevitable when a country gets a debt problem whichever way you deal with it. The current unrest in London and other UK cities may be the result of austerity and what happened in Greece recently certainly is.
However, the alternative (inflation) would have the same effect. See 1920's Germany/Austria for example - 'When Money Dies' by Adam Fergusson is the book on this.
However, the alternative (inflation) would have the same effect. See 1920's Germany/Austria for example - 'When Money Dies' by Adam Fergusson is the book on this.