If a country is bankrupt, it must let its creditors know that it cannot repay its debts. And speculators must take responsibility for their decisions, and stop clamoring for taxpayer money whenever their investments turn bad.
因此，唯一剩下的选择——尽管对一些国家来说难以接受——是收紧欧元区预算约束。在经历了多年的资金宽松后，必须找到回归现实之路。如果一国破产，它必须让其债权人知道它无法偿还债务。投机者必须为他们的决定负责，而不是在投资转坏时叫嚣着要求纳税人的钱来补偿。