Dirk Ehnts — Euro in Danger (Walters Critique revisited)

The euro is now in clear and present danger, as the Euro-Europeans cannot agree on how to proceed. The analysis of how the troubles started, I think, has been clear for more than two decades now. Basically, the Walters Critique was right. Sir Alan Walters, deceased in 2009, was an adviser to Margaret Thatcher. The Guardian wrote in his obituary:

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Euro in Danger (Walters Critique revisited)

by Dirk Ehnts | research assistant at the chair for international economic relations at University of Oldenburg, Germany