There are a hundred ways to read the Greek crisis. The laxity of the Club Med, German selfishness, the nullity of the Commission, too delayed time of austerity, the blindness of the markets that the States have saved yesterday Moving forward an alternative explanation, more fun, it's needed.
Markets, simplify "young traders": thirty years of age. European Governments, simplify "old Greek": sixty years of age. The old political class, watch Angela Merkel, get nothing nothing to what is happening on the markets: it is only "speculation", portmanteau which contains only an admission of lack of understanding.

Young people, and this is the great novelty, have the power. The powers. First the best minds of the whole earth, summarize our X-Mines, are found on the "floors" of the market halls. Issue financial intelligence, the authorities do more weight to the "fabulous Fab", the type of this Tourre of Goldman Sachs. Governments believe invent a Maginot line, the small geniuses find in three hours and 150 math equations around the win even more money! In addition to the guns of inventiveness, young people have the powder: money, money that you borrow when it did not, the money without limit.
Young people learn about life. This is their weakness and strength. Post-crisis Europe, can the be criticized but they see a coup and all together, compromises, weaknesses granted, the tired, the lies, in short all this historic crust on which the Union was built. They find it quite disgusting, totally unjustified, in any case "untenable". Behind debts Greek, Portuguese and Spanish, is in truth the European decline on which they "speculate". Decline in three chapters.
First, the bad construction of the common currency. The old knew, say, repeated that monetary union is in need of an economic union to take. But nothing has happened. The Chirac (ah, who will tell its responsibility in the crisis of today!) and the Schröder joined the English design of a "Europe of the nations". Riquiqui budget for Brussels and everyone for himself. Reduced to acquests solidarity. In a crisis, if a Member State fail, nothing is planned. Youth-markets have reason to "test". Greece, Portugal, Spain, Italy would require 600 billion euros over three years. If markets balking, Europe has the means to lend. The construction "will fail", "solidarity" is too expensive.
Then, the fundamental issue of European growth, its future. The currency is merely a reflection of a real economy. However, which is post-crisis When China found its 10, 9, US 3 India, Europe transplanted of nose and his horizon does not exceed 1. Why invest here Frankly In Greece, which was built there and the only asset, maritime transport, is registered in Cyprus In Spain, after all its coasts have paved is seeking export products The euro had allowed the old policies to circumvent this reality: each country is summoned to find its place in globalization. The least we can say is that the responses of Athens, Madrid, Lisbon (are not talking about Paris) are expected.
Finally, the debt, since it's her. "Unsustainable debt" without austerity, no return to realism: what level of life your real economy allows you it really The crisis sounds the alarm clock time. Youth-markets have understood, in their mind, that the budget impasse over European countries referred the invoice later, to their generation in fact. They say double No. And they are right.
The fun explanation stops here, unfortunately. The old are right in that young people "do not know to stop" and that markets go too far. The crust of the European compromise, it is also real-life, democratic life "Greek" and too much austerity will kill austerity. Should the euro jump Except that the policy will have the last word, and then, it will no longer the same policies but extreme populist and nationalist power. And they will not a second to hit banks, tax the
