Oh yeah there was also this thing, about the debt crisis. Argentina, if I remember well, has been often used as an exemple of a country telling the bankers to fuck off when the state's debt became unbearable. So, proponents of lateral escapes from the debt crisis system were often citing Argentina as an exemple ("it can be done, they are better off that way, we should do it") while the proponents of restrictions and destruction of social services cited Argentina as a counter-exemple ("they didn't pay their debts and look in what situation they are now : it's hell over there, i tell you, hell").

Roughly that. As I didn't feel I had the means to tell the true from the false, and assumed that all sides were just bending facts to match the ideological points they wanted to make, it didn't hold my attention much, I'm afraid. So finally, I don't know exactly what had happened in Argentina, and how, and why/how the exemple could/couldn't have been applicable to Europe. My problem was that everyone who "knew" and "had the answer" and "could explain" it to me self-disqualified within the first three (hysterically militant) sentences, no matter which side he was on.

I concluded that this story was too complicated for conclusions, and that the only people who thought they "got it" were simply agreeing to selectively oversimplify its different aspects in accordance with their own agenda. At least amongst the profanes, but maybe even amongst economists...