It's clear that the main EU players (Merkel, Sarkozy etc) are anti-capital and have no concern at all for individual liberties, and have various paranoid beliefs about the roles of markets and speculators. With the Euro at 1.21, still above its initial launch price from the late 90s, and still above its average price since inception, and not in any way undervalued on PPP measures, they are panicking and banning short sales etc. How will they react if the Euro falls to parity, or back to the all-time low of 0.83? I suspect there is a chance they might panic and look to introduce capital controls, a bit like Venezuela and other anti-capitalist countries of that ilk. What do you think the chances are?