In the otherwise forgettable movie Cocktail, when Tom Cruise’s character Brian Flanagan abruptly splits with his date Bonnie, she pleads with him not to let their relationship end badly. He replies “everything ends badly: otherwise it wouldn’t end.”
The turmoil in foreign exchange markets caused by Switzerland’s abrupt ending of its Euro peg may be such a bad moment for the Euro—and it comes figuratively moments before another likely bad moment, the elections in Greece on January 25th that will in all likelihood bring the anti-austerity party Syriza to power. Will the Euro, like Flanagan’s relationship in Cocktail, end badly—and abruptly—soon?
