Yet, the globalization of finance means that no major country goes unscathed by a GIIPS restructuring.

FORBES: Lessons For U.S. Bondholders In The Greek Debt Spiral

Both Robert Rubin and Lawrence Summers explain to him that the globalization and deregulation of finance that they helped to bring about when they were in government was a historical inevitability, not a policy choice.

NEWYORKER: Evening the Odds