If you see Austrian unemployment at under 5% and Greece at over a quarter of the population, you cannot possibly maintain the illusion that this is one single e

If you see Austrian unemployment at under 5% and Greece at over a quarter of the population, you cannot possibly maintain the illusion that this is one single economy. The euro is the potential time bomb, other than that there is no "eurozone", and certainly no eurozone unemployment rate. And all fallout of amputating the failing economies of Greece e.a. from the euro is strictly theoretically. I'm not saying there isn't a problem, and it is certainly one of the most import factors in holding back recovery, but the apocalyptic view of the current economy in Europe doesn't match the economic and social reality in most European countries.