How’s that Euro Thingy Working Out?

European integration was a grand plan, perhaps driven by lofty motives. I don’t take a position on that since I’m not European. But as we have argued from the very beginning, the set-up of the EMU was fatally flawed. At the very least, they “put the cart before the horse”—adopting the euro before they achieved [...] View the full post at: How’s that Euro Thingy Working Out? Related posts: Feldstein Sees Greece Quitting the Euro Euro Hits Twenty-Month Low Against Greenback; British Pound to Five Year Low Euro at 1.35, USD/JPY Breaks 103 – What’s Going On?