Bet on the euro against the U.S. dollar? I’m kidding, right? Didn’t I read this past weekend’s headlines, which brought news of yet more agony from the euro-zone? Spain is about to be the next European economy to collapse and follow in Greece’s footsteps; the Spanish stock market fell another 2.2% on the first trading day of this week alone. Europe as a whole is in little better shape, now that it is in a confirmed recession. In light of all this — and there’s much, much more — how can anyone in their right mind bet on the euro? Contrarians, of course, are not fazed by the incredulity of a particular position. On the ... (full story)