Europe's Worst Nightmare: What If Euro Can't Be Saved?This is the question we DO know people are asking themselves:
Here's a nightmare for Europe's leaders to ponder as they prepare for yet another summit to tackle the euro zone crisis: a bond auction fails in Spain, spreading solvency worries to Italy and beyond and triggering uncontrollable bank runs that spell the single currency's end.
Are We Having A European Lifestyle Yet?I’ve maintained a high standard when it comes to observable economic indicators. My most reliable one is that I know things are becoming most unpleasant when I see well-dressed and dignified middle-aged women in a city like Vienna fishing through street trash cans for mislaid bottles and cans to get a deposit return on. It brings forth fond memories of the super-duper-latex-and-cape-clad-world-spanking Lisbon agenda/strategy summit statement that the world was supposed to be awed by.
Or such like.