Tam does it again

The Princess of Snark sums up why the crisis in the Eurozone ain't fixed, even though our favorite financial market cheerleaders are all wet and messy over the prospect of Dow 13K:

Investors, they say, are excited about yet another Greek bailout. Let me get this straight: Germany has taken out another cash advance on its maxed-out credit card and given it to its deadbeat cousin, Greece, who swears that this time they'll use the money to get a haircut and a job, instead of wasting it on hookers and blow again, and investors take this as a good sign?

Get them preps while you can, folks.