One can only marvel at the myopic arrogance Frau Merkel demonstrates in her proclamations to the people of Greece. We hope the new government in Greece will stay the course in governing, finally, for the people of Greece instead of for German banks and foreign bondholders.
Let's not forget that much of Greece's accumulated debt is the result of extravagant military spending over the past thirty years, spending always applauded by the same suspects who now expect the Greek people to endure generations of making do with less to atone for the profligacy of the NATO acolytes who ran up the debt.
There are other problems of course. The Greek elite have been world leaders in the art and science of tax evasion ever since taxes were first invented. (by the Greeks, if I'm not mistaken!) PM Tsipras and his finance minister have let it be known they intend to change that, and hopefully they will not be cowed by the threats of the tycoons to move abroad. Since they're not paying their taxes anyway, that's not exactly much of a loss.
The main reason for Merkel's dire warning and Schaeuble's patronizing tone, as if scolding an errant child, is that these champions of the decaying old order realize history has arrived at a moment where too many are seeing that the emperor is stark naked.
"There's no arguing with us about this..."
Let's not argue then. The truth is, the EU and NATO need Greece far more than Greece needs them.