What have we learnt from the crisis so far?
We learnt that nothing you thought was yours is actually yours.
Your money in the bank isn’t. Governments across Europe can determine that a bank may close shop, stop working until further notice, be broken down in good and bad (you get the bad one which is debt and somebody else gets the good one which has your money in it), they can apply a levy to your savings without any notice. Any money you have with them may disappear. Even in countries where it is unlikely to happen, for example the UK that isn’t even in the Eurozone, your savings are only guaranteed up to £85,000. If you have more, nobody can assure you 100% you’ll have access to it tomorrow.
Your property, home, office, shop, isn’t. Any government may apply any tax to ownership of property, therefore potentially rendering it impossible to keep. It is also worth less everyday, but you still need to pay more to own it.
Your pension plan isn’t “yours”. Any company can go bust and damage your pension and many indeed have. Public servants pensions are being reduced everywhere.
Your wages aren’t yours. They belong to inflation, at least a part of them. To be fair, we knew that long before the crisis.
Your public services aren’t. They are being reduced, cancelled, or rendered worse everywhere in Europe, even if you continue paying the same or more taxes.
Your country isn’t yours. This of course has been the case always but lately also in the way that the ‘elected government’ politicians can now openly admit they have very little say in decision making. They know very little about how to deal with debt and crises anyway.
The only thing that is and will remain yours forever is a debt that has no beginning and no end. Oh, and interest payments.
Critics of capitalism who claim that it is based on possession and the desire for it, eat your heart out…