1. Contra @mattyglesias, Syriza's "irresponsible rhetoric about Nazis" served a function: to place debt crisis in historical framework
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Replying to @HeerJeet
2. The Troika wanted the discussion to be just about Greece's irresponsible borrowing. Syriza needed to break that framework.
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Replying to @HeerJeet
3. By breaking Godwin's Law, Syriza said: this isn't just about Greece. It's about what type of Europe we want to live in.
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Replying to @HeerJeet
4. The EU project, it's important to remember, was a direct outgrowth of the World Wars. Attempt to end autarky & inter-European wars.
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Replying to @HeerJeet
5. To remind people of WWII was, of course, very rude of Syriza. But it served function of moving debt issue into realm of political economy
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Replying to @HeerJeet
6. It's worth reminding people that the EU itself was only possible by the forgiveness of older debts.
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Replying to @HeerJeet
7. Also worth reminding people that the history of forcing payment on debts regardless of human costs has led to terrible things.
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Replying to @HeerJeet
8. Apocryphal statement attributed to Calvin Coolidge ("They hired the money, didn't they?”) is now actual argument made by EU.
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Replying to @HeerJeet
9. Big picture: an economic system relying on limited liability corporations & bankruptcy laws shouldn't bled a nation dry to get back loans
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10. I say Greece is entitled to at least half as many bankruptcies as Donald Trump has declared.
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