Why The Euro Is Doomed In 4 Steps

We're going to need a bigger acronym. In the beginning, it was just the "Greek debt crisis". Then markets realized Portugal, Ireland, Italy, and Spain were in bad shape too, and the PIIGS (or GIIPS) were born. But now Cyprus and Slovenia have run into trouble as well, giving us the ... SIC(K) PIGS? At this rate, we're going to have to buy a vowel soon, assuming Estonia doesn't end up needing a bailout. The euro crisis is entering its fourth year, and, sorry world, this won't be its last. Now,...