Micro vs. Macro Bets.
Bet on a horse race (micro) and you'll know in a minute or two if it was a good or bad one.
Bet on a currency union (macro) and you'll know in a decade or two or three or four, if it was a good or bad one.
Rather than wait for the final outcome in the macro bet, ask yourself 'how are the horses running'?
Are they getting along with each other, and does everything look stable. Well certainly not with the Euro.
There is only so much duct tape in the world and when the last roll is used...well good bye and good riddance to the Euro. THE sore spot for making it work, has always been...and will always be, the north's trade surplus and the south's deficit.
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