Doomed. Doomed. Doomed.
http://www.nytimes.com/2011/11/07/business/in-europe-anxious-market-shifts-focus-to-italy.html?hp
Catastrophic tipping point approaching.
Italy is a rapidly aging country with a low birth rate, so somebody please tell me how their debt situation is ever going to get...
I am a little surprised there's not a current thread about the status of the euro or any transnational currency union in the wake of uncertainty first in Greece and now in Ireland.
Here's a pessimistic view of the situation in Ireland...
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