Friday, April 30, 2010

Hey, Eurosceptics told you so!

Op-Ed Columnist - The Euro Trap - NYTimes.com: "membership in the euro, which had encouraged markets to love the crisis countries not wisely but too well, turned into a trap."

Krugman explains how lack of flexible monetary policy disarms countries in Southern Europe. Is leaving the Euro zone an option for Greece? Krugman says that now it is possible.

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