Would you say more about opaque cards? I haven't heard the term before, and I'm curious how they work.

I disagree about the financial crisis. Germans are not going hungry or cold due to financial hardship. There are issues to do with affordability of accommodation or transport, unemployment and rapidly changing labour economies but not food and realistically the standards that even Germany, France or Spain's poor demand today are far higher than they were generations ago.

I think it's often that realities are politically indigestible.

State institutions all over the world are big. All the political momentum (right and left) and big vision projects stem from expanding them have been done. School/University systems, health systems, welfare systems and such. These comprise 35-55% of national GDPs in most of fully developed European economies. You can't promise literacy for all to Germany. German's are literate and schools are free. A chicken in every sunday pot and fresh bread and milk for your breakfast. Those are things that Franco or Lenin promised to the common man. They don't move the needle any more.

We have institutional problems of big old and sometimes very clunky organizations. If your ask the institutions, they would like those problems solved painlessly with money. Pay teachers 2014 upper middle class salaries & 1970s pensions. Decrease class sizes and increase hours. Take care of the elderly financially then physically throughout their 30 year retirement. Do this in a way that does not burden the family. 12 month paid maternity leave. Fraternity leave. Unlimited medical care. Transportation with 2014 technology, 1970s labour ideals and 1950s prices.

Those are some serious demands. In many cases impractical. A state cannot usually bear this burden financially. Even if it can, it needs to be achieved through effectiveness.

What's needed/possible is reform, improvement, good operational governance of these enormous machines. That's unsexy. It involves long timescales and painful inch-at-a-time improvements.

Revolutionary dissidence is sexy. Political entrepreneurs do sexy.

They promise to tax the rich or corporations, something they would be doing already if they could. They might promise to alleviate the problems really sucking the money out of schools and hospitals, immigrants, Muslims, Jews, the EU or somesuch. ATM, they don't even have to worry about implementation as they are not going to govern in the near future.

The fundamental issue with the EU is that it has rules but no flexibility. It cannot adapt to the new situation it finds itself in because to reopen any of the treaties in order to fix things that need fixing will cause a stampede of demands to alter other things in those self same treaties. Equally the "people" of europe are for the most part not willing to move more power from their national governments to the EU and we're at a point where additional powers will likely need referendums which in the current environment are unlikely to pass.

So things muddle along and will continue to do so, I don't yet see how or where it will change. It seems to me large parts of europe will have a lost decade.