The Eurozone leaders have made no progress in facing up the real problem: either they must form a true nation state union that eliminates the nation sovereignty of the Eurozone by merging all power into one central government resulting in the elimination of national governments or they must disband the Euro.

FORBES: Euro Crisis Will Only Get Worse And Do Serious Damage To Investors

The problem here is that as long as a federal form of deposit insurance exists, we'll have no individual incentive to change.

FORBES: Magazine Article