What’s wrong with the Euro?
The travails of the Greek debt crisis are probably not at the top of anybody’s worry list–there are so many! But Joseph Stiglitz who has a bent for counter-crowd thinking has this at the Guardian and dares to say things that haven’t made it into most of the U.S. coverage.
“Reform the euro or bin it: The Greek crisis puts the currency’s very survival at risk.”
It appears that Paul Krugman is writing in the same vein: http://krugman.blogs.nytimes.com/2010/05/04/default-devaluation-or-what/ This one, “Greek End Game,” http://krugman.blogs.nytimes.com/2010/05/05/greek-end-game/