A wild forecast for Euro pain

Europe looks set for another year of turmoil, filled with glimmers of hope followed by despair, and it will continue until politicians concede the euro can't be saved.

Revisiting my predictions for Europe in 2011 (Don’t believe this forecast, December 23, 2010), I can today declare without any false modesty that I was right on the money. Not only has 2011 been very much like 2010, but it is also emerging that we will celebrate Christmas on December 25 this year – just as I forecast last December.

Having thus established myself as a trustworthy futurologist, it is time to dust off the crystal ball so I can give you an exclusive preview of 2012. I hope you are seated with your seatbelts fastened. It’s promising to be a bumpy ride.

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