Tell it how it is.

Some depressing reading on the eurozone  and EU shambles.

http://www.telegraph.co.uk/finance/comment/liamhalligan/9292092/For-the-eurozone-the-worst-is-yet-to-come.html

Not pretty.  Nor this:

http://www.telegraph.co.uk/news/worldnews/europe/9289992/At-the-heart-of-Europes-crisis-is-the-abolition-of-the-nation-state-and-the-attempt-to-impose-monetary-union.html
(Ran this in an earlier post.  Fits well with the top link.)

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9293270/Europes-Maquina-Infernal-has-crippled-Spain.html
Ouch!!

http://www.telegraph.co.uk/finance/financialcrisis/9293101/Greece-will-run-out-of-money-by-end-of-June-warns-former-PM-Lucas-Papademos.html