● The Euro: The Battle for the New Global Currency
By David Marsh
Review via Global Financial Strategy
With the euro saga playing out almost like a Shakespearean tragedy in Brussels, Berlin and Paris, it is good to get a clearer perspective on the origins, miscalculations and inherent problems at the heart of the eurozone’s birth. Fortunately enough, the Mutterer is now reading the second edition of a highly insightful account by David Marsh, co-chairman of Official Monetary and Financial Institutions Forum, ex-European editor for the FT, and GFS contributor. Financier George Soros has described the contents as “the stuff of a political thriller” no less. “When David Marsh first wrote his book, I thought that some of his theses were exaggerated. In fact, he foresaw many of the problems that have since befallen the euro,” says Soros.
