The Future of the Euro: Why Europe's Key Currency is Doomed

The Eurozone project has seen better days, which is why the future of the euro isn't a bright one. In fact, as all the latest speculation about Greece either abandoning the euro currency - or being booted out of the Eurozone outright - is demonstrating, "the market" is about to apply a level of pressure well beyond what the Eurozone and European Union (EU) were designed to handle. The number of sovereign states in the EU that are facing difficulty selling new debt, or even a rollover of current debt, is growing. The Eurozone and the EU are both in trouble. Clearly, the structure that exists today is flawed and will not withstand the rigors and pressures that are headed directly its way. The ability to kick the can down the road is about to end, and with it some hard decisions will need to be made by the political and wealthy elite. Let's take a closer look.