NY Times Commentary by Paul Krugman (February 14, 2010)According to Krugman, individual nation-state competitiveness in the EU can now only be achieved through a slow, grinding process of deflation. “…the fundamental problem was… the arrogant belief that Europe could make a single currency work…” http://www.nytimes.com/2010/02/15/opinion/15krugman.html
One thought on “The making of ‘Euromess’”
“The making of Euromess” cont’d… J. Maudlin’s take on things…”Between Dire and Disasterous” http://www.frontlinethoughts.com/index.asp
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