2 ms·

Compare individual free will and international sovereignty and the metaphor fits well enough.

• ArkyBeagle 11y ago
  That has to be at the very least "compare/contrast". Individuals may well have free will but it's vastly more difficult to say the same of nation states. The entire EU GDP growth rate is hovering around 1% and has for a very long time. Unless interest rates really are actually zero (or negative), there's no way in the aggregate to beat the vig for debt in Europe at all other than being lucky. That's closer to a lose-lose than I am comfortable with. Apparently, there is now a tradeoff between the ECB balance sheet and whether or not certain countries are ... something like feasible. Perhaps the analogy breaks down, but suppose that rather than this being Greece circa 2008 after the mortgage crash, this is South Carolina circa 1848ish after the Railroad Mania period? Then what?