Monday, May 28, 2012

Recommended: The End of the Euro: A Survivor's Guide

The Huffington Post has an interesting and sobering article, The End of the Euro: A Survivor's Guide.The authors argue that the end of the Euro union is inevitable, but will probably come slowly over several years of repeated crises. It always seemed to me a pipe dream that nations as diverse as those in the Euro zone could have a monetary union without a political one.  Too many wildly different cultures, too many wildly different attitudes toward government and finance and taxes.