Its a point of view... here is another:

The euro turned every eurozone country into a corporation without their (the countries) knowledge,
since they are forced to finance themselves in a "free" market, just like, and competing with, normal corporations.

In theory there is nothing wrong with this, in practice none of the southern countries were ready to "behave" like a corp.
There is too much inefficiency, corruption, etc... and there are always some sectors of society that need to be subsidized (unemployment, social security, etc) which is contrary to behaving like a corp that only has profit in mind (the eco-system we are living in right now).

Big financiers saw this as an opportunity to make money and started shorting the "southern" countries "stock", causing it to fall through the floor and getting rich in the process...

If the other countries (the theoretically rich ones) don´t support the small ones, the whole thing collapses... (which is not necessarily a bad thing!)

I think the problem is... most of these EU countries still don't understand that to succeed in this environment they need to BE corporations...
But if they behave like corporations, the people will revolt... because they just see their "money" flying off to bing banks in exchange for nothing... really.

However, its not the people's fault, they trusted their banks and politicians... and that trust was abused!

Here is my opinion: if your country is a corporation that was screwed by the market...
Just close it, and re-open under a new "management", getting rid of all the pseudo-debt in the process!

Screw the corporations! Tongue

Some things should no be handled by central markets,
as they can be easily abused (mtgox ddos anyone? - sell high, ddos-panic, buy low)
or... some people should bo be allow to buy/sell in the market...

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