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….

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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