I had a whole weekend rant in draft but Movable Type, obviously objecting to my Austrian economics, ate it. I don't care to write again why and how Italy is going to start a domino chain that will push half of the countries belonging to the Euro out of it; or why Germany has better economic prospects than France. However, I'll link to the original Foreign Policy article that inspired me to write on this in the first place: Europe's Philosophy of Failure.