JustMeMe's comments

Germany is booming because of stagnant salaries for a decade, cutting of social costs and benefits and cutting of subsidies to coal, lowering taxes, privatizing trains, postal service and telecommunications etc.

"Who was main beneficiary of this? Obviously Germany, before Euro Deutsch Mark was becoming a very strong currency, so German products were expensive (similarly to Swiss Franc)."

I know this is contested, but the other narrative is that Germany was forced into the EUR by Paris in exchange for unification. Greece forced itself into the EUR by blackmailing Germany for WWII atrocities.

I wonder why in the US states can go bankrupt, states much larger than Greece:

* Without any impact on the US $ * Without any foreign country noticing * Without pictures of suffering people

What does the EU need to change? Is there cross financing in the US to states, e.g. California, which the EU does not want to do for Greece?