common currency increased divergences rather than smoothing them, as many analysts warned at the time. The economic …, financial, and political pathologies of the euro were there from the beginning, even if the global economic boom hid them. With … -- Chapter 1: Three Leaps in the Dark, 1950-1982 -- Chapter 2: Kohl's Euro, 1982-1998 -- Chapter 3: Schröder Asserts the German …