An excellent column by Martin Wolf in the Financial Times is reduced to its essentials by Paul Krugman. And yes, I’m more pessimistic than when I wrote about the Euro problems before.
An excellent column by Martin Wolf in the Financial Times is reduced to its essentials by Paul Krugman. And yes, I’m more pessimistic than when I wrote about the Euro problems before.
Paul Krugman was certainly pessimistic on the same subject in his video on your YouTube channel. Tragically underviewed indeed – the guy knew what was coming months before anyone else was talking about it http://youtu.be/TulOMsXazyY
I agree, this is a good, brief summary of Krugman’s views on a number of things: the Euro, the US economic recovery and the long term fiscal problem. Pretty much everything has got worse since this interview.