The Europeans are nowhere near a debt solution because they lack "cohesion and courage,"...

|By:, SA News Editor

The Europeans are nowhere near a debt solution because they lack "cohesion and courage," observes Steven Rattner. It was just another kick the can down the road moment last week, and they're still nowhere near solving any of their problems. With an almost a 1:1 correlation between the euro and the S&P 500, Rattner says he's actually surprised there hasn't been a bigger selloff. (video)