EU, Euro and the Titanic

Guardian: Reports on the Euro crisis for the EU, the article states the following, " European leaders rearrange the deckchairs on the Titanic while lecturing the rest of the world on ocean navigation. " At the end of the day folks its down to the fault line of Greece, Spain, Portugal, Italy, Ireland and the UK. The national debts of these countries is a economic and political nightmare for EU and local governments. As noted a recent note by an outgoing Labour Minister to successor that stated that the money had gone, thus the UK has to have massive budget cuts over the next five years to get the economic books out of the red and in to the black, thus cutting middle class benefits and raise in taxes to keep the government going in the UK, the political pain is shared by the Conservative Party and the Liberal Democrats. As to Greece its a economic cancer on the EU, the cure has lead to riots on the streets and deaths, thus on real option is for Greece to get out of the Euro over night, its will be brutal but it will allow Greece to get back on its feet, that could be the same result for Spain, Portugal, Italy and Ireland, the German voter will call a halt to bailing out bad government outside of Germany. One can be brutal in political terms Germany might be tired of the War guilt as a reason to bailout Greece, its Greece's fault that it is in the present mess not Berlin. Thus the political concept of the Euro might not stand up to the pressure of the markets. As to the markets one can postulate that this is the time to sell the Euro as it will go below the Dollar that is my prediction, the floor for the Euro might be half the worth of the Green Dollar. Time will tell folks.