Where is Zeus?

Greece’s debt concerns, which levels at 115% of GDP, have all of Europe contemplating options in order to save the Euro. Leading the opposition is Germany. Frugality dominates German culture and the idea of a bailout that includes German funds has Germans increasingly irritated. The problem is without German support, the largest European economy, the result could be worse. Creditors are standing ready to help with Greece’s unprecedented 20% 10-year bonds, but hesitation by states such as Germany have investors worried Greece’s longevity. The politics are amazing. On May 9th Germany will hold national elections, after which the world will have a better idea of what Europe is going to do, but it is clear: Without cohesive European support Greece will be forced to default on its debt, the Euro will fall and all of Europe will be worse off.