Experts: Economic Fall of Spain Could Doom Euro

The financial turmoil afflicting Europe began in Greece, and now it’s spreading to Spain.

That could spell doom for Europe’s common currency, experts say.

"Spain is the real test case for the euro," Desmond Lachman of the American Enterprise Institute told The Wall Street Journal.

"If Spain is in deep trouble, it will be difficult to hold the euro together . . . and my own view is that Spain is in deep trouble."

Spain is the fourth biggest economy among the 16 nations that use the euro. And it’s suffering big time. (more)