
Then one day the grasshoppers have a debt crisis. They bought things on credit and now have no way of paying off their loans. "Oh please, you ants have so much money! Help out your dear friends." The ants say "why don't you just lower the price of your currency like you did in the past?" The grasshoppers can't because now they share currency called euros. And that is the dilemma they are in.
Editor's note: A recent article in Slate disputes the theory that Germans work harder than Greeks.