There is always a price for promises you don't keep!
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Credit Suisse Warns of 'Last Days' For the Euro
The financial storm menacing the euro zone could prompt the 17 nations using the common currency to seek closer integration despite political opposition -- or spell the "last days" for the common currency, Credit Suisse said Monday. In a somber research note to clients, the bank said the debt fears of Europe's smaller, more troubled economies are now radiating to its largest nations. As a result, Credit Suisse warned that markets may well have "entered the last days of the euro as we currently know it." Credit Suisse's analysts cautioned that a nuclear scenario -- a complete dissolution of monetary union -- ... (full story)
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