By Jay Sekulow
The left's outrage over the IRS turns to a plea to 'move on'
It still seems unthinkable to most Europeans, but a growing number of outside analysts and investors believe the eurozone is headed toward a breakup as fast-moving market turmoil and a looming recession threaten to overwhelm the slow-motion response of European leaders.
"The eurozone debt crisis has entered a decisive stage and investors are increasingly questioning the euro's survival" less than 10 years after leaders on the Continent launched the fledgling currency with much hope and fanfare, said Vassili Serebriakov, currency strategist at Wells Fargo Bank.
While a "full breakup" for the monetary union is unlikely, he said, a partial breakup is plausible and the risks of disintegration have grown high enough that investors are preparing for the possibility and staying out of European markets.
