The European monetary crisis is like a botched root canal: painful, expensive, interminable. Weeks, months and even years go by and the world helplessly sits in the chair as the incompetent dentists poke, scrape, bicker and endlessly, endlessly drill. From time to time there are shots of Novocaine—usually in the form of liquidity injections from the ECB—that reduce the pain to a dull throb, but there are no signs of improvement, no signs that the long and futile European process is coming to any kind of successful conclusion.
We are frightened and bored at the same time: we can’t look away but we can’t bear to master the intricate details of this most tedious of world crises.
http://blogs.the-american-interest.com/wrm/2012/05/24/europe-the-worlds-worst-dentist-with-the-worlds-dullest-drill/
