[DanielBMarkham]

They say that newspapers readers and television viewers love a train wreck, a situation where everybody knows very bad things are coming and we all pop the popcorn and watch. It's a sad reflection on human nature, but audience numbers prove it out.

But wow, the Grexit is painful even when put into the train wreck category. It's going on and on, and the invective, hate, and hard feelings linger and fester. The amount of misery this has produced seems vastly out of proportion to the incident itself. I wonder if severe, immediate action taken at the beginning of the crisis wouldn't have resulted in something much less painful than this. 25% shrinkage in the economy and then massive bank closings? Good grief. It's becoming reminiscent of post WWI Germany.