As most of our subscribers know we have been predicting further turmoil in Europe and an outright collapse of the euro currency since our publication began.
After each bailout we receive email from some people saying that the problems are now over in Europe. After each announcement of austerity measures we hear the same thing.
But, in our estimation all of these problems can only be resolved once the euro currency is relegated to the dustbin of history, barely even lasting more than a decade.
The problems are too intractable. The debt and deficits too large. The demographics too poor.
In fact, the concept of having one fiat currency amongst dozens of socialist countries in Europe is so utterly unworkable that we still are surprised they even tried it in the first place.
As we watched the riots ensue across Europe this week we found ourselves humming the tune from National Lampoon's European Vacation.
And so, we thought we'd leave it up to Clark Griswald and family to help make light of the entire situation. The following video is the result:
