Sometimes, the Strawman Blogger wonders: Why think at all when others can do it for you?
For a much more detailed and intellectual take on the mess in Europe, read Krugman. It's clear, informative, and adds quite a lot to our previous protestations that little Europe is thoroughly screwed.
An additional note: Krugman points out the impossibility of deconstructing the Eurozone. But given the fractured political nature of Europe, I don't see how any meaningful integration can be achieved at all.
Tricky.