Euro crisis will spread

It looks like the Euro crisis will spread given that the draconian measures imposed on Greece and Portugal do not seem to have worked. The consequences will be devastating on every other country within the Euro zone but its effects will also damage member and non members states of the European union. The system is obviously not working and more should be done perhaps to find alternative ways of managing our economies. I am not talking about re introducing communism but something else needs to be looked at before the doom and gloom spreads every where.