Thomas Walkom: Eurozone cure could be worse than disease (in the Toronto Star)

"... in Berlin or Paris there is little sympathy for the unemployed of Madrid. They are, after all, Spanish. Not Germans or French. They are deemed to be the cause of their own troubles.

"We have seen this before. The last time was in the period after 1918 when the victorious Allies insisted that Germany and Austria bear the financial cost of World War I, a war that was deemed to be their fault alone.
...

"The dictatorship that resulted was predictable, as was the devastating global war that followed. Hard times drive people to embrace hard leaders.

...

"Don’t assume such things couldn’t happen again. Sometimes, history does repeat itself."

Full article: Canada News: Walkom: Eurozone cure could be worse than disease.