> Maybe the populations of France, Spain, Italy et al will accept that they can't fund welfare states by borrowing in perpetuity and stop voting in radical left-wing governments.
Spain has never had a left-wing government, let alone radical left. Since democracy, we have had 4 centre-right legislatures and 6 centre-left, last of which was in 2008, with the current election deadlock still resulting in a majority of centre-right votes.