So I was wrong and Syriza had not Grexit as Plan B and didn't prepare accordingly. With their bluff called and no more fresh money for the Greek banks with all the obvious consequences national politics in badly constructed groups dominated the European idea and economic logic. And it was far from a pretty sight.

Indeed, the strong do what they can and the weak suffer what they must. It's not war but it certainly wasn't my idea of Europe.


P.S: I'm surprised that hardly anybody compared the recent events with those in Cyprus in which the MPs rejected, among 'a sense of pride', the bailout terms only to cave in to even harder ones later.

As a side note capital controls were expected to last only four days - only to last two years. Iceland with it's five years at that time might have indicated a somewhat longer timeframe...