Many linear thinkers believe that to solve a problem, you need to follow a simple, logical path, a step-by-step sequence involving two variables.

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Too many non-European commentaries follow a beguilingly simple logical path, which goes like this: the single currency is vulnerable in a crisis because it was created without a single government above it to control tax, spending and transfers between the euro zone's richer and poorer economies.

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Put in these terms, Novell's path ahead can begin to look logical, even assured.

ECONOMIST: Novell