Furious troops have gone on the rampage, demanding to be paid in American dollars or South African rand, the only currencies now accepted in many shops.

ECONOMIST: Zimbabwe

Then came the European Financial Stability Facility, but it turns out to be too puny to halt the bond vigilantes' rampage through the euro zone, and anyhow rests in part on France's waning ability to join Germany as a guarantor by retaining its triple-A credit rating.

WSJ: Agenda | Irwin Stelzer: Euro-Zone Shark Still Has Its Appetite