A disagreeable blog about Finance

The melting down of Euro – Part 4

The Euro is a necessary concept. But it is also a flawed currency.
A breaking point for the monetary union exists down the line. The question is: how will we get there?

The melting down of Euro – Part 3

In part 3 of this series, let’s discuss the reason behind the loss of value of the Euro currency, its mending by the means of the ECB’s Spread Control facility, and why that won’t work.

The melting down of Euro – Part 1

In a few days exactly 10 years will be between us and the historic “Whatever it takes” moment, in which Mario Draghi single-handedly saved the European currency, thereby saving both the currency, and Europe as a monetary union. But wait…