Will Europe Relive 1930's Nightmare?

COULD things go bad again? I mean really bad — Great Depression bad, world war bad? The kind of cataclysmic event my generation has learned to think belongs only in the history books. There is certainly a sense of foreboding in Europe at the moment. Speaking in Berlin last night, Polish Foreign Minister Radek Sikorski warned: "We are standing on the edge of a precipice." President Nicolas Sarkozy of France cautioned recently: "If the euro explodes, Europe would explode. It’s the guarantee of peace in a continent where there were terrible wars."