Niall Ferguson on how the Europe situation comes right down to Germany gaining control and the weaker nations (Greece, Spain, Portugal, Ireland) ceding control.  Also the European banks and their need for capital being even greater than the amounts we have heard to date.

http://www.businessweek.com/video/#video=xqdTd4Mjp7CxKGmKD9-r0NsqYMqZCmQO