"When, oh when, will Europe face the truth?" asks Jeremy Warner in anguish. The EU's...

|By:, SA News Editor

"When, oh when, will Europe face the truth?" asks Jeremy Warner in anguish. The EU's "bonheadedness" in misdiagnosing its problems is due to a "refusal to face up to the truth – that monetary union...cannot work under the present framework." Until there's debt collectivization, this crisis is not going to go away.