The International Marbella Set
Showing posts with label over-extended and ill-disciplined monetary union is in danger of falling apart. Show all posts
Showing posts with label over-extended and ill-disciplined monetary union is in danger of falling apart. Show all posts

Thursday, 13 October 2011

A poorly designed, over-extended and ill-disciplined monetary union is in danger of falling apart

Illustration by Matt KenyonWhat if it falls apart? For all my adult life, I have been what in England is called a pro-European or Europhile. For most of that time, European history has been going our way. Now it may be on the turn. Soon, it could be heading the Eurosceptics' way. What then?Over the last half-century, the institutional organisation of Europe has progressed...
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