Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The reason why they don't change course is because there are multiple actors involved and a few of them go along with the powerful who they believe have the wrong proscription out of hope that eventually they will come to their senses.

But this is a fool's game.

Even Varoufakis believes (with his constant beating of the drum for Eurobonds) that eventually Germany will change course. But it will never happen, not until it is way too late.

by Upstate NY on Sun Mar 18th, 2012 at 02:12:00 PM EST
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