We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Gee whiz, the banks won't lend them any more money to maintain a fake, debt-based life style. Why would they, if they know it cannot be repaid?
Some of these countries have been, in effect, ripping off gullible lenders just as much as people taking mortgages or student loans who know they can never really pay them unless they get very lucky. It's close to theft, or fraud, or something.
One is tempted to conclude, at this point, that the political theory of the EU today is being written by financiers and financial analysts in their credit reports. They are anxious, after all, only secondarily about markets. They are primarily anxious about governance and structures of governance — because the markets are trying to figure out whether the institutions of the EU and its members are serious about their legal and political commitments, and in what ways and to what