If you only take away one metaphor about Greece and Germany....

This is a perfect example of why I love to read Megan McArdle -- good insight, great turn of phrase. (Her 'libertarian-ish but not a purist about it' perspective doesn't hurt.)

If EU economic policy were a soap opera--and apparently, it is--Greece would be the sultry, irresponsible beauty in a tumultuous love-hate relationship with rigid, authoritarian Germany.  Obviously after years of tumultuous breakups and teary reunions, this is the season finale where he finally beats the hell out of her during a screaming fight over thier impending bankruptcy, and in despair, she drives both of them, and his prize Volkswagen, off a cliff.

The whole thing is good... of course.