The Deepening Crisis

We live in interesting times. Will the euro still be around in ten years and what will the consequences be if it is or if it isn't? If it is still around will taxpayers in the eurozone be content to be run by an entity over which they have no real control and which will dictate how their economies are run, the level of taxation they will pay and so on? Make no mistake about it complete control over all eurozone economies is going to be the outcome of the bail outs being put in place for Ireland, Portugal, Spain and probably Italy. The EU is run by an unelected clique whom it is impossible to vote out of office if voters deem them to have failed. A good many continental taxpayers may be used to this kind of thing but not all and certainly not in recent years. When one eurozone country can no longer support the straightjacket to be imposed on them and whose people are crying out for a change of governance what will be the outcome? There will be revolution and quite possibly war. The only way out of this crisis is for the euro to be abandoned. Yes it will hurt various countries in the shorter term but a stitch in time saves nine. If the euro is not around in ten years then will this mean that the EU will have disappeared or that it will have changed to become a different, hopefully more democratic animal, something perhaps more akin to the European Free Trade Area? Either would be better than the existing Greater Germania (with particular emphasis of course on the 'mania').