Saturday, 26 May 2012

Krugman: Prospect of Euro collapse might concentrate their minds…

Perhaps this is what the No campaign is hoping for? Krugman interviewed in the FT: “No. I don’t think they can save Greece but they can still save the rest if they’re willing to offer open-ended financing and macroeconomic expansion.” But this would mean persuading the Germans to change their philosophy of economic life. “Well, [...]

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