The Man-i-fest, is an informed man! (About Myths)

Usually, myths are created by the ones who want to avoid doing something, because there is too much work involved, and they will not benefit from doing it, or because if they do it right, they will be affected negatively.

1st Myth - Arguing that more money will solve problems 
The 1st myth statement - "Rich Countries and specially Northern European Countries, they spend a higher percentage of their GDP to support their Central government spending, and because of that, they have higher standards of living".

The Facts

Countries like: Switzerland 16%, Japan 18%, Canada 19%, Korea 19%, Australia 26%, United States 25%, Germany 31% and Sweden 32%, they have captivated a smaller amount and/or medium percentages of their country's wealth, for their central government spending, and they remain at the top of all indicators, as the best in the world concerning good standards of living for their citizens

The Reality

Good management,  and Sustainable politics (approach to management) are the Keys

Money will help deploying the necessary resources.

Good management will solve the problems and Sustainable politics will help prevent the problems,

This will lead us to the next myth ...

2nd Myth - Poor countries pays less to their employees because they are poor

The 2nd Myth statement - "Poor governments (from poor countries) spend a smaller share of their spending with the Compensation of their employees because they don't have enough money to spend".

The Facts

Countries like: Ghana 35%, Croatia 25%, Turkey 25% and Portugal 22%, spend the highest amount of their expenses with compensations of employees. And Norway 16%, United Kingdom 13%, Denmark 12% and Germany 5%, spend much less but still they present a much better quality of service to their population.

The Reality
In fact the reality contradicts the Myth, because it is precisely the opposite situation. Most rich countries employ less population in their central governments ( in % of their population) allowing them to pay better, but keeping the spending with their employees in a lower % of the overall expense of the central government.
The Keys are Technology, Organization, and again, Good Management. The beneficiaries are the citizens of those countries, where good management and sustainable policies are applied. 

3rd Myth - "We are independent"
"Most countries argue that they should stop paying their bills and their debt, because they will survive on their own..."

The Facts

Within the 33 Nations of this analysis, 9 are net exporters of energy and the other 24 have to import energy.

If we look further, within a sample of 127 countries, 82 countries (78%) have to import energy.

The Reality

Energy is just one side of the issue or one example. Perhaps the example that most people think about. If you cannot live without something, you will need others (countries) to provide it for you.

In Reality a country has only two choices. They can manage their finance and their economy with sustainable politics and good management, or, they can try to delay that approach by continuing the printing of their own money, or if their central bank has already printed to much and cannot continue to do it anymore, they can continue to do the asking and borrowing even more money, even though they know that they will not pay it any more. Of course, latter on, they will have to inform their citizens, because somewhere along the line, they will have to change course, with more pain and taxes for their population, because in the world where we all live, there is no such thing as a country that is fully independent.

They (the countries and citizens) all need something that they don't have or that they will like to have. Because of that, they will have to negotiate and make deals that will lead to build the necessary trust (that, one will provide and the other will pay) between the two sides of the equation. If both sides balance it well, they all might and usually they get something good in return. Again, good management have to be there. If they don't do it well, someone will end up with the good stuff and the other will always end up with an enormous amount of debt, without having the ability to build anything, besides continuing the printing of money and the asking for more borrowing.