The Moron's Guide To The Euro Crisis

Every day seems to bring another forecast of impending economic doom in Europe. Wild stock market swings, rioting in the streets, "dollar liquidity swap arrangements," leveraging the European Financial Stability Mechanism" — what are these people, with their foreign tongues and funny names, talking about? We’ve put together an FAQ (in English, natch) for those who are not just confused, but hopelessly mired in ignorance.