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|User Info||The Fly In The Greek Ointment; entered at 2012-02-21 10:00:30|
Registered: 2007-06-26 LA
Must be a weird day when even the Krughman agrees with Karl.|
What’s happening is that nobody is prepared to take the plunge into either of the paths that might eventually lead out of this: sustained aid (not loans) to Greece, or departure from the euro, leading eventually to higher competitiveness and faster growth.