The future of the European Union

It is becoming pretty clear how these things are going to work out. Either, cheaters, hacks and irresponsible governments in general get punished severly for abusing the currency union and market stability brought by the stronger members, or there will inevitably be a disorganized dissolution.

It seems that those whou have not yet tasted the scythe are starting to worry. France, Belgium and Italy are all reaching for high-risk debt territories, and do not seem to be completely sure they want to be punished when they overreach. (Bloomberg) Let's see what German political minds are really made of - jelly or iron.

Additionally, it would be quite interesting if Axel Weber took over the ECB chairman post next year. Can anyone spell monetary tightening?