The rapidly approaching European debt crisis is like a horse race. Will Merkelbaby make it to the wire first and save the day? Or will Greek Default lead the entire field over the rail and into the infield pond. I can hear the track announcer now. “Good afternoon, ladies and gentlemen! What a beautiful day for the races. Today’s feature race is the 100 trillion Euro stakes race, the European Crisis Derby. The favorite at 1 to 5 is Greekdefault, ridden by a committee from Brussels, and carrying twelve hundred and forty-two pounds, the distance, around the world at least once. And now the horses are at the gate, and THEY’RE OFF!
“Merkelbaby stumbles at the gate
Sarkozylad takes early lead
With Referendum close behind
Then Pensioner, a handsome steed
It’s Layabout now, closing fast
With Greekcafe now on the rail
Then Merkelbaby saving ground
Then ten lengths back it’s Neverfail
Around the first turn Spanishfly
And Romannights are neck and neck
With Greekdefault far in the rear
Furlongs to go, so what the heck
And down the backstretch Greekcafe
And Layabout are running hard
Now changing leads Sarkozylad
Is passed by Verse-afirebard
NOW DOWN THE STRETCH AND HEADING HOME!
It’s Merkelbaby running wide
With Greekdefault now on the rail
And coming fast, oh what a ride!
A photo finish at the wire
It’s Merkelbaby by a nose
With Greekdefault a beaten Place
The Euro saved at market close!”
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