Is european sovereign debt crisis solvable?

Can anybody explain will european sovereign debt crisis continue to get worse and worse until the Euro zone collapse or it can finally get a soft landing, is it solvable? Or please recommend me some good articles talking about this?





I think this problem will be an important reason to cause the market to go further lower or not.|||Not without getting rid of the Euro. A common currency makes it hard for individual countries to set monetary policy. The crisis will and is spreading. If something isnt done it will cause more and more problems for markets around the world.|||The answer is yes it's solvable .... the real question is , Do the countries involved have the policical will so solve it.





The main problem right now is you have a bunch of countries with 1 currency acting independantly, the ones making poor decisions are costing the ones making good decisions, so obviously the good ones are funding the bad ones but have nothing to say about making changes to\for them. You also now have France which was one of the 2 decent ones looking pretty sour .. Germany being the other.





So in order for this to really be "solved" you would need for everyone to give their soverenty over to 1 new government. The rules of retirement, welfare, minium wages ect to all become standardised ..... That is NOT going to happen, at least not withour massive rioting and complete economic devestation.





So while it's certianly possible the monetary problems will subside or be "solved" to an extent that makes everything seem fundementally sound from a fiscal point of view, you will still have Germany complaining they are simply giving their taxes to everyone else and pretty much working for everyone EXCEPT themselves ..... that aint gona fly forever





Most "solutions" that would go over without riots are simply temporary fixes destin to fail eventually ...... Most credible economists would tell you it's not If but when will the Euro currency expirement be stopped.





My guess is both will happen ... they will have a reasonably soft landing but work to make an orderly change back to independant currencys before another crisis happens.





Another possibility is they make it worse ... governments have a way of doing that ... by actually adding a whole bunch more countries in order to sort of level out the bad ones with more good ones ..... Of course that would be a hard sell to countries with good fiscal policys, however if Russia for example thought they could gain financial controll of the Euro zone by merging currencys and gaining a huge windfall and looking like a savior of Europe at the same time they would certianly consider it.





But like I said it's pretty much doomed at this point .... the currency not all of Europe|||the whole planet is in a debt crisis, its gonna get alot worse before it gets better :/|||no