Forget David Cameron's Veto, Another Eurozone Crisis Is Only Weeks Away -- The TelegraphLeaders in the European Union will not take the measures towards fiscal union that would save their ailing economies.
You wouldn’t believe it to listen to the fulminating indignation directed at the UK from across the Channel, but David Cameron did the eurozone’s political leaders a favour last weekend. By refusing to sign up, he managed to create a convenient Aunt Sally for Europeans to throw stones at, and divert attention from the summit’s failure to come up with anything remotely credible to address either the single currency’s existential crisis or the gathering economic slump. The latest in a long line of self-styled “make or break” summits, it was in truth no more momentous than any of the others.
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My Comment: The speculators are having a field day on the Euro .... and with Europe's political elites not having the will to make the hard budget cuts and decisions .... the Euro crisis will only continue and will (in fact) get worse.
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