Dismantling the Time Bomb - By Andrew Stuttaford - The Corner - National Review Online: "A month or so ago, I linked to a piece by the FT’s Gideon Rachman on the German view of the euro zone crisis, quoting, in particular, this:Behind the scenes, however, some of the brightest minds in the German government have a sense of deep foreboding. Twice in the past year I have found myself sitting next to different senior German officials at a dinner who have proceeded to tell me that the whole single currency was a terrible mistake. Speaking of the euro, one of my companions said: “It seems to me that we have invented a machine from hell that we cannot turn off.” The image was so bleak and Strangelovian that I laughed. But, I am afraid, it’s not really very funny."
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