It is what I would do but the ECB cannot allow it to happen as first there all out of a job and second they are just unable to frame this in economic terms. Listen to the quotes all week it is all rubbish about the EU being in a survival crisis it's bunkum pure and simple.

We basically went into the Euro out of a fear we might be left behind a Eurozone that powered ahead, plenty economists warned this might happen but the debate was really framed by the political elite as a case of in or out of Europe.