The euro’s success could also be its downfall

freerepublic.com     May 19, 2008            

Since the second world war, the US dollar has been the world’s hegemonic currency. It took over that role from the British pound. So it is not surprising that the story of the pound often looks like a memento mori, the skull that medieval rulers placed before them to remind themselves of the... [read full story]                    


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