Stiglitz once more

"Germany is going to have to face the question, do they want to pay the price that would follow from the dissolution of the euro, or do they want to pay the price of keeping the euro alive? I think the price they will pay if the euro falls apart will be greater than the price they will pay for preserving the euro. I hope they will come to realize that, but they may not."

Read : http://www.huffingtonpost.com/2012/06/10/joseph-stiglitz-spain-bank-bailout-euro-reforms_n_1585399.html.

1 comment:

Pablo Carpintero said...

En Krugman : "... het wordt almaar duidelijker dat er een totale catastrofe moet plaatsvinden om te komen tot politieke actie die verder gaat dan de redding van banken. Maar wanhoop niet: vooral in Europa loert een totale catastrofe om het hoekje."

Lees : http://www.demorgen.be/dm/nl/2461/Opinie/article/detail/1452582/2012/06/12/De-Europese-elite-voert-een-economisch-beleid-a-la-Darth-Vader.dhtml.