The Greek (and Cypriot) Tragedy

The economic crisis in Greece, the extraordinary story in Cyprus, and the social disintegration that the Capitalist response has triggered, has been a revelation to many.

The only question asked by our betters has been, essentially, does the German government, mindful of its electoral chances, believe that German taxpayers are willing to fork out money for the maintenance of the European Union's economic system created largely for Germany's economic benefit?

Or would they risk the end of the Euro in Greece and other countries, with the longer term risk to their manufacturing supremacy?

In a rational and humane world, the priority would not be to crush Greece's social institutions in order to fix a broken currency (for the benefit not of Greeks but of others), but to find a way for Greece to relaunch the drachma to minimize the misery and hardship the economic melt-down is causing.