“If Greece goes…” blares the title of your main leader and front cover showing a briefcase-totting businessman staring down a kitchen drain (June 25, 2011). But what if Greece does not go? If the European Union is so convulsed about the former threat, what about the latter, which is much worse? The Union’s muddling through would get only worse, eventually ending in paralysis. And fears of contagion would in time turn into full-blown contagion, as well. Although I agree with your proposal for an orderly restructuring by halving of Greece’s debts, I do not believe the Union is capable of such a clear-cut alternative, which would save the euro in one fell swoop. Sadly, it is not structured to deal with situations of this ilk. It is structured to muddle along. Returning to the obverse question, Greece is most likely the beginning of the Union’s end. It will take years. And it will get ever muddier, until the last fool in the Union’s administration accepts the verdict and waddles away. If only Greece would go…