Another economist is sounding warning calls about the Euro. One problem with predicting a chess-like series of moves toward disaster is that global economics is not a two-dimensional game played on a board. It's fantastically complex, interrelated, and plays out in four dimensions. Disaster could happen, but it can also be averted.

I've been following predictions of the Euro's collapse since before its adoption. I can say they do seem to be getting more frequent, and rather more specific. Will it run into a wall? I can only hope not. Such a crisis in the heart of the developed world will have repercussions for everyone, and nobody can predict exactly what they will be.

Well, other than no good at all, I'm afraid.

Via Instapundit.