SUDDEN AND EXPECTED: OBITUARY FOR THE COMMON CURRENCY

Well, the Germans appear to be just about ready to end this tiresome experiment with the common currency.  The latest Der Spiegel is a sign of the times (via FT Alphaville):

Is this really the direction that Europe is moving in?  It seems implausible to me, but you never know….

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About Post Author

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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