A. Chakrabortty: Greece is a sideshow. The eurozone has failed

Photograph: Matt Kenyon

Aditya Chakrabortty is senior economics commentator for the Guardian.
She argues that: ” Nearly every discussion of the Greek fiasco is based on a morality play. Call it Naughty Greece versus Noble Europe. Those troublesome Greeks never belonged in the euro, runs this story. Once inside, they got themselves into a big fat mess – and now it’s up to Europe to sort it all out.”
But there’s just one problem with this story: like most morality tales, it shatters upon contact with hard reality.

Read the complete article at:  Theguardian.com

© Aditya Chakrabortty, BRON

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