Europeans ahead of the curve on bank "reform"?

With 19% of the vote, the True Finn Party — highly skeptical of bailouts for countries like Greece, Ireland and, most pertinently, Portugal — are now odds-on favorites to become coalition partners:

“The True Finns ran on a platform that was hostile to the recent financial bailouts of Ireland, Greece and the agreement reached this month to aid Portugal. Those bailouts were meant to put an end to a sovereign debt crisis that has threatened the future of the single currency zone and raised questions about whether the disparate economies in Europe could ever be successfully integrated . . . their election gains came in the wake of advances by populist parties on the right across the European Union, including in the Netherlands, France and Sweden.”

Europeans are slowly figuring out they got royally screwed by bankers. Assuming bank debt, taking responsibility for bankers’ recklessness — is simply not in the public’s interest. I wonder when Americans will reach the same conclusion . . .

---Ritholtz