The European debt crisis -- which saw its latest iteration inaugurated on Wednesday, April 6, when Portugal indicated it would request an EU bailout -- has exposed every single lie, every fudge, and every political, legal, and economic loophole that went into making the continent's common currency. One reason Europeans have yet to set the euro right is that they still haven't reckoned with the extent of bad faith that went into its creation.
Source: http://www.realclearpolitics.com/2011/04/08/why_the_euro_is_near_death_253423.html
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