It is said that the reason many poor are opposed to social programs that benefit them is a fear of coming in “last.”

If that is the case, the impending implosion of the euro, as predicted for years by center-left economists, offers a marked example of schadenfreude for us Americans.

Besides the obvious worry over whether the death spiral will reach our shores, there’s the question of how Rupert-Murdoch-on-steroids could run the third largest European economy (7th largest in the world) into the ground, what’s with right wing obsession with inflation in times of deflationary spirals, and why this prediction seemed to only have been made by liberals.

So my thinking is our laughter has a touch too much nerves.