Insurance Age blog: Out with the new and in with the old

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Douglas McWilliams, chief executive of the Centre for Economics and Business Research, funnily enough is an economist. And he puts the case much better than me.

"It seems unlikely that it [the Eurozone] will survive very long, because of the political unpopularity of taking austerity measures seemingly to please foreign leaders and rescue foreign bankers," he says succinctly.

All in all, my theory is not so much when or if, but how the break-up of the Eurozone will be managed.

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