Soon it's downhill again

The next recession is bound to come. Maybe as early as next year. There's nothing you can do about it. The euro will not survive that.

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).