Will Italy be next to reverse out of the EU?

Alberto Bagnai, a professor at Pescara university with a blog called Goofynomics, this week made a typically provocative demand: that the US should promote a controlled end to the euro.

“Undoing the euro will be costly, though less costly than its alternative which is protracted stagnation of the European and hence the world economy, and the growing risk of a major financial collapse,” he wrote.