Can They Possibly Put Europe Back Together Again? And Do WE Have To Finish Breaking The USA Too?

Commentary by Roger Erickson

With apologies to both Andrea Terzi and Humpty Dumpty.

How Austerity Broke European Stability

Question to Andrea Terzi: From your local view, do you think all the continent's horses & all the continent's men can put Humpty Dumpty's dynamic nest egg together again?

Brussels Sprouts sat upon all,
  Brussels Snouts made everyone else fall,
Now all the continent's rentiers & all the continent's banksters ...
  Will they possibly allow Europe to put itself back together again?

Do they even want to? Or has the own-goal become a More Perfect Gangsterism, rather than a More Perfect Union?

If so, then Russia's revenge against Napoleon will finally be complete, and scorched economy, though not scorched earth, will reverse momentum and finally reach all the way to Paris, under Pootie the Great. Who says the Russian's aren't most adaptive of all? For every culture, there may well be a killer Propaganda Prion Party. How ironic that Brussels Sprouts would be the vector. "No one could have predicted that!"

Greece's International Lenders are Squabbling.

Gangsters fighting over the loot? Can someone remind me how a country can fail to supply itself with enough fiat currency, and decide to borrow someone else's fiat instead? And then panic at the prospect of running out of fiat? Somehow fiat currency was transmogrified to fiat looting? And people say that currency is hard to understand! It's Luddites who it is hard to understand. Viva la repression! Who says the ancient Greeks perfected tragecomedy. Their descendants are doing them one better - by staging worse.

The elite Greek families like to have a captive populous.

It's a question of how long the Greek peasants will covet their protective chains.

IMF, EU clash over Greece's bailout prospects

This is scarcely to be believed (no pun intended).
Whole populations really will do anything in their power to avoid thinking!

Are the loan sharks sensing that this pond is nearly all fished out?

Ironically, at least they're distributing income by buying & using teargas.

Enough tears adds to aggregate demand? What a sick outlook.