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The top bankers don't want to walk away and the people are too spellbound to demand that we do. If the US pulled out it would be the end of that financial regime, but so would it be were the EU to pull out, or just Germany, France and the U.K., but you have the same problem. So it is down the drain together.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Feb 7th, 2010 at 11:44:35 PM EST
[ Parent ]
The people don't understand what the problem is. Vague resentment against bankers isn't specific enough, because it has been co-opted into not-so vague resentment against government - government being the only institution that could make a difference, but won't, for political reasons.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Feb 8th, 2010 at 06:28:05 AM EST
[ Parent ]
IOW, spellbound.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Feb 8th, 2010 at 10:34:48 AM EST
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