>>> and we are back with curt anderson, peggy noonan, david recommend nick, and julian tett.to blow up? the f stshgs the font of all thing things financial. they've been able to get three governments replaced in spain, ita italy, and greece. they've gotten almost every other european country other than britain to sign onto the tighter fiscal union. will that stop a crisis? don't they soon need some kind of -- at the end of the day, the federal reserve stopped the crisis in the united states, said we just sort of guarantee everything. do you need that move the take place? >> well, i don't think europe is about to blow up right now, but i think it's going to be smoldering dangerously for a long time, because essentially the germans are certainly exerting more and more authority over the area, and they have got some of what they want, but they haven't got enough to actually create a proper fiscal union of the sort that most economists think is really needed now to make the eurozone work. and you've still got a lot of tension between different countries. you've still got a lot of