Sacre bleu! Francophiles call for country to drop the single currency

HERE is a strange phenomenon: just as the euro is coming into its own with the slide in the US dollar, the French are starting to think about the nuclear option of abandoning the European currency for the old franc.

This is actually good news for the world economy as it starts to unwind the endemic American trade and capital deficits before they implode in some dangerous, uncontrolled fashion. A cheaper dollar will boost US exports and stop Americans buying expe...