It cannot. If governments continue to dither and bicker, the most that it can do is delay the war for a while.

Yet, we dither, taking no action to divert the asteroid, even though the longer we wait, the more difficult and expensive it becomes.

The current crisis might indeed eventually break eurozone leaders inherent resistance to compromise, collaboration, and common action. But the longer they bicker and dither, the greater the risk that what they gain in willingness will be lost to incapacity.