Former Bank of England Governor: The Euro is doomed

Lord King, former Bank of England governor is spot on:

Lord King, who headed the bank for 10 years, said the EU's single currency system is set to lurch from crisis to crisis for years ahead. 
And he warned that the drive towards political union among the 19 euro-zone nations will not help save the project from eventual disintegration. 
The forecast comes in a new book written by the peer, who is better known as Mervyn King.