The Euro is falling apart. Greece isn't the only country facing economic collapse, things look grim for Portugal, Ireland, Italy, Spain -- even Scotland is admitting there's a big problem. At the moment it looks like Germany is the only country with the financial clout, and is the glue holding the EU together. But how long will they be willing to bail out their unenterprising neighbors? When will they say enough, and what will be the consequences of such a vocalization?
Do you think I'm blowing Europe's problems out of proportion?
Or maybe Germany isn't so great, maybe they are simply better at hiding their problems. What is your take on Europe's financial woes, and how do you think it will affect your region's finances or politics?
Here are a few articles that I have found interesting on the topic. Feel free to share your favorites as well.
Time Magazine:
The Euro Crisis: How Much Worse Can It Get? - Yahoo! News
AP:
German banks to help Greek bailout, Portugal orders austerity measures | OregonLive.com
Reuters:
Bailout fatigue forces Germany to hear the skeptics | Reuters