AN END TO THE EURO? “I hear all the reasons that this has to muddle through. But I remain worried. Already, I am not hearing great things about the German economic team; the economists are having a harder and harder time persuading the politicians that this is a good idea and the voters are getting madder and madder. Angela Merkel is fiercely resisting expanding Europe’s emergency fund. Meanwhile, so are voters in Ireland who don’t see why they should have to pay through the nose to bail out foreign banks. As Herb Stein said, if something can’t go on forever, it won’t. And this can’t go on forever.”
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