Restructuring is far from popular in Euroland

As US citizens sat down to their Thanksgiving turkey last week they had much to be grateful for. Memories of a horrible year of nasty wars, presidential scandals and other assorted political detritus are already fading as continued economic prosperity and growth hold out hope for a rosy future. The fairy tale goes on and on, with the only certainty being the longer it continues, the sooner it will end. The US bull market now has a sort of dreadful fascination for investors this side of the pond. How do they do that? Why can't we do it? Can we have some crumbs from their table? The UK is ma...