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Saturday, September 10, 2011

"Europe is Again on the Precipice"

On Europe and the Euro:

Krugman: Did the euro just enter its death throes?

OK, I know that sounds over the top, and I hope it is. But recent developments are really, really bad. ...

Eichengreen: Europe is again on the precipice. ... The euro’s survival and, indeed, that of the European Union hang in the balance. ... European leaders’ continued focus on the long run at the expense of short-term imperatives may indeed be the death knell for their single currency.

    Posted by on Saturday, September 10, 2011 at 08:46 AM in Economics, Financial System | Permalink  Comments (24)


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