Spot on, but!
It must never happen! The cost is far too great. Better to have more regulation of activity in the world economy and efforts to understand basic economics that policy makers seem to have forgotten or worse, never learned!
http://www.post-gazette.com/stories/opinion/perspectives/paul-krugman-apocalypse-fairly-soon-if-the-euro-blows-up-the-extremists-will-rise-636579/
Scratches to Sketches