Writing Worth Reading

Down With The Eurozone

Nouriel Roubini | Project Syndicate | 11 November 2011

Cut Fifty Euro Note - Floating Away in Small Pieces - € by photosteve101 Germany's medicine for European debt troubles is recessionary deflation, which means concentrating pain in eurozone's periphery. It won't work, leads to "paradox of thrift". Roubini's guess? "The endgame for the eurozone has begun" Read full article

Related Articles