?One of the ambiguities of the euro system was that they have a single monetary authority, a single currency but not a single fiscal authority or single government,? Lipsky said. ??Events have shown to make the euro viable this is going to be necessary.??
Translation: One currency = one government = loss of sovereignty Will the Greeks, Portguguese, Spanish etc give up their sovereignty to the Germans and French?????
Consequence: The euro in its present form is doomed. Lipsky has given a green light to sell.