European monetary union: so troubled, so awkward and ill-conceived, et cetera.
And so… speedy?
We spent a bit of time last year pondering precedents and possible scenarios for monetary union break-ups, of which there are few with much appeal. But Deutsche Bank strategist Stuart Parkinson makes the interesting argument that it took about 147 years for the US to become a monetary union. Read more

1Bird, plane, Abe
2The US collateral shortage lives on
3Alphachat: Lee Buchheit edition, featuring Lee Buchheit
4The (early) Lunch Wrap
5Re-setting ENRC (updated)
Show more6"This is Lake Wobegone upside-down"
Show fewer