I know, I know, weeks  with just a few Over My Shoulder submissions and then lately there are a lot. And you are about to get more, as I keep running across really interesting material.

This is from my German friend and uber-thinker Dan Stelter, who outlines a plan to hold the Eurozone together. I have been saying for years that the only way the euro survives is through some type of mutualization of debt and then a fiscal union. Dan outlines a serious path for euro survival, but not without cost, of course. Just who pays and how much is the question.

Personally, my better than even bet (but not much better) is that something like this will happen, but ONLY in a crisis and probably one caused by France. And the reason why it's not a sure bet is that voters will see such a move as giving up sovereignty over their budgets and the arrival of a certain level of budget austerity, which it will be. But the mutualization of debt just might be the right carrot to entice them to do it. C’est la vie.