The end of the euro’s Indian summer

THE sugar-rush brought on by the European Central Bank’s pledge to intervene in bond markets to help troubled euro-zone countries—some diplomats call it “Mario Draghi’s ice cream”—was bound to fade at some point. But nobody expected it to fade quite so suddenly this week.

http://www.economist.com/node/21563774/print

At some point, it will get the balance wrong. And then either Spain will be forced out of the euro. Or the Germans will walk.     http://blogs.wsj.com/eurocrisis/2012/09/28/europes-never-ending-crisis/tab/print/