Like a delinquent wayward child who discovers the keys to the cavernous underground wine cellar, his parents do not notice when a few bottles go missing let alone a few cases. After a while the wine bottles are being replenished by the child. The small matter of culpability by only using water to refill them seems to have escaped the miscreant who ultimately loses track of whether the bottles contain wine or water and where he placed them. When his parents inevitably open one with water instead of wine, the secret is exposed. Instead of blaming the alcoholic delinquent teenager, the parents blame the purveyor, the transporter and even the vineyard & its vintner; anybody but the child. Even the second opinion of an expensive child psychologist concurs with the parents’ viewpoint.
Of course in this case substitute the parents for the government, the child for its citizens, the suppliers for the ECB, the EU, the Germans, Angela Merkl and the IMF. In tow corroborating their story would be the likes of renowned economists such as Joseph Stiglitz.
Main picture: Sunset in Oia, Santorini










