It is fairly commonplace at the moment for U.S. and UK financial analysts — what continental Europeans call the Anglo-Saxons — to predict the collapse of the euro zone, a project they were mostly sceptical about in the first place. MacroScope touched on this on two occasions in March.
Britons have never really got the euro zone. “Its not really going to happen, is it?” was a typical question from a City analyst to Reuters back in the mid-90s. The political drive behind the creation of the monetary union was beyond many in eurosceptic Britain.