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Europe
The Euro is in Serious Trouble
2006-04-16
h/t No Pasaran. Linking to this blog entry for those who don't read French.
Posted by:lotp

#5  thanks - interesting site.
Posted by: 2b   2006-04-16 12:12  

#4  2b - I thought the same thing when I saw Krugman's name. He was once a serious economist,and yes, now he's just a hack / Bush Basher. Check out Don Luskin's blog, a one-man Krugman Killer (a few years ago Krugman accused Luskin of 'cyber-stalking' and stalking him personally when Luskin asked him to autograph a book).
Posted by: Raj   2006-04-16 10:03  

#3  Yes, but they quote Krugman (1993). I don't know how much stock I'd be willing to put in his advice. Isn't he just a political hack?
Posted by: 2b   2006-04-16 09:51  

#2  The only questions are when the Euro is abandoned and whether the abandonment is accompanied by violence. I suspect the answers are not soon and therefor yes, respectively.
Posted by: Nimble Spemble   2006-04-16 08:54  

#1  Just two - three years ago you could count a hundred stories dripping in smugness about how wonderful this new currency was and how it represented a threat against the international dominance of the US dollar. IIRC there were some Arab countries that were going to start doing oil trades exclusively in the Euro.

Guess you should start working on switching back to the $ Plan B now, eh, gov'nr?
Posted by: Raj   2006-04-16 08:50  

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