As economic contagion continues in Europe, and with the future of the euro imperiled, Newsweek asked eight economists to describe the origin of the problem facing the single currency and what would happen if the euro were abolished.
Even as 2012 gets underway, the world continues to be rocked by 2011’s big stories, from the epochal changes of the Arab Spring to the Japanese tsunami and nuclear disaster at Fukushima. Will pro-democracy protests topple dictatorships elsewhere in the world? Can China and Germany lead the rest of us out of the global economic crisis? Is Al Qaeda on its way to the dustbin at last, 10 long years after the Sept. 11 terrorist attacks and the U.S. invasion of Afghanistan? Stay tuned.