Last week it almost looked like Europe might just have stumbled
on a solution to its debt crisis. But no—it turned out to be
just another head fake in the stumbling battle to save the world
from a second global financial crisis.  Now, you don’t have time
to study the nuances of the European Financial Stability Fund or
the finer points of Greek parliamentary procedures. (You’ve got
a business to run!) So here are the five questions—and
answers—you should be asking about the debt crisis.  1. I
thought the crisis was solved last week. What happened?  You’re
right. The financial engineers of Europe kludged together a plan
that cheered the markets for a day. But one key pillar of the
plan called for Greece to cut government spending further and
raise taxes higher than it already had, in return for a break on
the amount of debt it had to pay back. Unfortunately, no one
apparently had thought to ask the Greeks if they'd play along.
And surprise! Late Monday the Greek Prime Minister announced
that Greece would hold