"The euro now equals poverty and deflation"

According to the polls, two thirds of those who use the euro believe it has made them worse off. They're right. On Europe's periphery, monetary union means deflation, poverty and emigration. In the core, it means unprecedented tax rises.

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Everyone wants peace in Europe. But supporters of integration never stop to explain why jamming Europe's states together without the consent of their peoples makes the continent more stable. Listen to how Greeks are talking about Germans and vice versa. The euro, which was designed to soothe national antagonisms, is having the opposite effect. And the money committed to the bail-out funds hasn't been called in yet.