Nuff said indeed. But where socialists are strong, they won’t clam up, i.e. until their system collapses in on itself. And since the (liberal-ruled) USA has been dumb enough to support socialist systems since the end of the last war against socialism, it will itself collapse as a consequence.
In fact the euro itself will survive in one way or another. The EuroZone is another story, eh?
They are all in trouble save Finland. The banks/treasuries are insolvent.
EU fiscal transparancy is virtually non-existant. Economic data are state secrets.
Grease was audited by a troika of EU experts. We have heard no economic or financial results of note.
Three EZ bank solvency tests have produced no comprehensive public data, just, "Everything is fine."
They're all broke and it will get worse.
yitbos