I Was Afraid of That
Krugman’s thoughts on the European Deal. Not good.
The agreement is at best inadequate, and possibly makes no sense at all.
He elaborates on exactly the theme I suspected he would… radical and fantastical belief in – and policy pursuit of – “expansionary austerity” is barreling us off a cliff world-wide.
Have a good weekend.
- Europe Deal Pumps Markets, But What Holds the Future? The Europameisters have a deal that rallied the markets today,...
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