Don't Overthink the Eurozone Crisis
Trying to avoid the region's problems might not be worth the effort --or risk.
It's hard to avoid the daily updates on the crisis in Europe. The financial troubles once concentrated in Greece and Ireland have broadened in scope, raising deeper questions and prompting gloomy predictions. Some wonder whether the euro can survive. Others think it will, but only at the cost of deep and lasting recessions in many European countries.
Though optimism occasionally peeks through, sending stock markets higher for a few days, the headlines, columns, and political pronouncements usually sound notes of alarm. In this climate, it wouldn't be surprising if investors contemplated taking action. If the eurozone is in danger of collapse, perhaps it would be best to get out of the way.