Every day brings more headlines in the European debt drama: "Greece elects anti-austerity government." "Greek Finance Minister says he won't negotiate with the 'Troika.'" "Anti-austerity movements gain ground across Europe." What's behind these stories? What does the future hold? Are there any implications for the U.S.? Here's an overview of the situation as it currently stands.
While the problems of differing belief systems, cultures, and building common political institutions are real and fascinating, what really makes all these problems immensely more difficult right now is that the European elite is trying to impose very regressive and unpopular changes on their citizens.