I agree on your points regarding Italy and the same applies for Greece, Spain, etc. But the problem is that unless this happens on European level, providing lo

I agree on your points regarding Italy and the same applies for Greece, Spain, etc. But the problem is that unless this happens on European level, providing loans to economies that for whatever reason have not yet recovered from the crisis of 2010 is only going to make things worse for them. Putting more austerity on these countries provides the perfect ground for movements in favor of Italexit and Grexit. If that happens won't it affect the Eurozone as a whole and, by extensions, the economies of the surplas countries? In other words, can we afford not to deal with it at a European level?