The eurozone is in trouble. In May, Greece threatened to default on its sovereign debt and had to be bailed out. Now that the property bubble has burst, it's Ireland's turn. Portugal and Spain are in a bad way, too, and there are mutterings that Italy may go the same way. Germany was always a reluctant member of the eurozone. No German politician ever dared put the country's membership to a referendum, and with a booming export industry and a government committed to reducing the national debt, many Germans are furious at having to put up money to save states they see as profligate freeriders.
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