Euroland burned down: A continent on the path to bankruptcy

Originally posted on May 3, I've bumped this now that the English translation of the cover story is available.

The new Der Spiegel cover. German antipathy towards Greece cuts across the political spectrum.

Greece is only the beginning. The world's leading economies have long lived beyond their means, and the financial crisis caused government debt to swell dramatically. Now the bill is coming due, but not all countries will be able to pay it.

Huge National Debts Could Push Euro Zone into Bankruptcy

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