Please enjoy this free sample of our premium content featuring Jim Cramer. To get all of Cramer's premium content free for a limited time, please register here.NEW YORK ( RealMoney) -- The smart money has wanted to short this market every single step of the way. It has been as if the only badge of honor is to be short and the reason is clear: Europe is too big and MUST fail. In other words there truly is no plan big enough and no entity large enough to rescue banks from themselves. The European banks, unlike the American ones, are so huge and so intertwined with the fortunes of sovereign debt that anyone who even thinks there could be a solution that isn't catastrophic is regarded as a lightweight.
|Cramer: Lately it seems to me that the smart money is short and the reason is clear (at least to the shorts it is): Europe is too big and MUST fail.|