the fault, dear Brutus, lies not in our stars, but in ourselves
It ain't the euro, or the Americans, or the Jews or anything else but their own laziness and dependency on government largesse which is crippling Europe. Blaming the euro is insane.
I was in Spain recently and noticed that people still think and talk in pesatas. What particularly struck me was that some banks' ATMs dole out money in odd multiples (ie not 20,50 or 100 euros, but to correspond with 5,000 and 10,000 pesatas).
I am really starting to be convinced that the euro is doomed.
I think the only way the Euro could survive is if the central bank reformed to become more responsive, but I don't see any sign of it.
Suicide prevention strategy.
The Eruo hasn't fallen nearly enough yet. It has about another 35 cents to the dollar to go. Why it hasn't dropped further is ridiculous.