The PIIGS can not be saved and everybody knows it.

But germany will not take the blame, why should they ?

They worked, they financed all the crap, their products were paid by phony money fresh out of the ECB .. but they kept their mouths shut .. to not to be blamed.

And remember .. the EURO was NOT a german invention ..it was the PRICE germany had to pay for reunification .. so the FRENCH and their SOUTHERN FRIENDS had demanded it.

The germans lost 2 decades of worth and income for the dumb french project.

But they know that the future is not "in the west" .. the future in in the east.

The last continent to be waited for to be built up, to have resources.
Russia.

No more getting paid in phony anglo-saxon paper

Putin pays in gold, silver, oil, gas, metals.

And he has plenty to give.