The euro zone has faced many "moments oftruth" but the Greek bondholder dispute is a a genuine watershed: The euro's fate lies in the balance and it could go either way.
The lessons learned, the incompetencies unveiled, the uneasy realities revealed beneath the lofty motives of national development - all momentsof home truth for the societies and administrations of the Crisis-afflicted nations of East Asia.
Indeed, not only is the GOP pitch a gross distortion of the truth, this is one of those all too rare moments where I get to actually prove the meme to be nothing more than another effort to confuse Americans.