, Columnist
Don't Hate the Germans, or the Greeks or the Spaniards
Europe's economic divides can't be resolved on strictly utilitarian grounds.
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I wanted to highlight a piece by Brendan Greeley of Bloomberg Businessweek on the German legacy of sacrifice and how that colors disputes within the euro area:
There's been a tendency for people in the euro fight to take sides: to view Germans as bloodsucking leeches determined to shake every last penny out of the pockets of poor southerners or, contrariwise, to think of Greeks and Spaniards as profligate deadbeats who are freeloading off their more prudent neighbors.