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(Overheard the conversation between two persons.)

"The new arrangement is insane. It is the worst kind of communism!" A hook-nosed middle age man began.

"I haven't read the news. What's that all about?" His friend, who had a childish face but a lot of grey hair, asked.

"Just think of this analogy," the hook-nosed explained, "In the past, you have your own purse and I have mine. Every now and then you may overspend a bit, and you can borrow from me in order to get through the difficult time. The new arrangement states that, since you are in debt most of the time and I have a decent saving, we should share the same purse - so that you can caste away as much as you like and there's no need to worry!"

"Yes, that may be true," his grey-hair friend said slowly, "But, since we two are living under the same roof, shouldn't we be less selfish and try out best to help each other?"

"There is more than a fine line between asking for help and evading one's own responsibility," the hook-nosed said, "After all, we should help people who put up their very best effort to help their own self. For example, it is absurd to ask Angela Merkel to foot the bill of Silvio Berlusconi for his visits to brothels!"

I was confused. Were they talking about the European PIGS, or some local ones?