Euro collapse - how real? how near?

Watch these two brief videos to understand what is wrong:

http://www.youtube.com/watch?v=hx16a72j__8 

http://www.youtube.com/watch?v=oAR0VRLRGHE 


Then read this: World Bank warns that euro collapse could spark global crisis
http://www.guardian.co.uk/business/2012/jun/16/world-bank-euro-collapse-crisis