With every month that passes it becomes clearer how little idea anyone has on how to avert disaster in the eurozone. Barring a miracle the Euro will collapse (rumor has it deutsche marks have already been printed and are sitting in Germany somewhere ready for circulation). Europe will have another recession and a second global recession is far from unlikely. Before the common European currency was even introduced, many economists predicted that it was destined for disaster: Milton Friedman gave the Euro ten to fifteen years. Why was this advice not heeded?