Monetary union was always a risky bet, but it did not necessarily have to produce mass unemployment (more than half of all young people in Greece and Spain do not have a job). A significant part of the problem reflects the eurozone's flawed design, and that failure, too, is political.
并非必须如此。货币联盟永远是高风险赌博，但并不一定会造成大量失业（希腊和西班牙一大半年轻人没有工作）。问题有很大一部分反映的是欧元的设计缺陷，而这也是政治失败。