Double or nothing: the euro solution

Europe's badly designed monetary union is being defended at all costs. With the EU now meddling in Portugal's separation of judicial powers, maybe it's time the real alternative was broached.

In early March, we were worried about Italy after the Italians had elected a parliament with no clear majorities. In late March, we got concerned about Cyprus because the European Union’s misguided crisis management undermined confidence in the safety of bank deposits across the eurozone.

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