The USA and Wall St need to understand this: Europe continues to be the worlds leading economic and trade grouping having both the largest savings and political stability, It is the economic and trade group with the most multilateral experience. In addition thanks to the Euro the EU has the only real credible alternative reserve currency. The recent support and bi-lateral meetings with the BRICS countries has seen dollar to Euro diversification by the BRICS--headed by China. Without the Euro the BRICS would be condemned to suffer Washingstons unipolar world. So de-facto its the Euro which breached the Dollar wall, a breach that now the BRICS are enlarging using their wealth to stimulate the Euro as an alternative to the Dollar. No amount of BS spin from Wall St or the City of London can change the facts. Forget about the BS, the Euro is here to stay and the crisis has strengthened the EU institutions far quicker than would have been possible without it---watch and learn
