Here is Paul Krugman’s take on the Greece-Euro crisis:
“In the five years (!) that have passed since the euro crisis began, clear thinking has been in notably short supply. But that fuzziness must now end. Recent events in Greece pose a fundamental challenge for Europe: Can it get past the myths and the moralizing, and deal with reality in a way that respects the Continent’s core values? If not, the whole European project — the attempt to build peace and democracy through shared prosperity — will suffer a terrible, perhaps mortal blow.”
I am not sure what this post signifies….
“Some say it’s a fad whose time has passed. Others believe its insights will stick around for a long time to come, like a trusty old penny-farthing or a collection of early 80s Italo-disco on vinyl. What do you think?”