What's wrong with the Euro?

The travails of the Greek debt crisis are probably not at the top of anybody's worry list--there are so many! But Joseph Stiglitz who has a bent for counter-crowd thinking has this at the Guardian and dares to say things that haven't made it into most of the U.S. coverage."Reform the euro or bin it: The Greek crisis puts the currency's very survival at risk."http://www.guardian.co.uk/commentisfree/2010/may/05/reform-euro-or-bin-it-greece-germanyIt appears that Paul Krugman is writing in the same vein: http://krugman.blogs.nytimes.com/2010/05/04/default-devaluation-or-what/ This one, "Greek End Game," http://krugman.blogs.nytimes.com/2010/05/05/greek-end-game/

Margaret O'Brien Steinfels, a former editor of Commonweal, writes frequently in these pages.

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