Friday, June 17, 2016

Another EU Country in Trouble: Finland

Paul Krugman warns:
 Finland is the new sick man of Europe. And the Netherlands — which in many ways is more German than the Germans — is doing slightly better than Italy but significantly worse than France and Portugal.
But ultimately he gets confused:
So maybe the woes of the euro reflect a bad system, not moral failure on the part of troubled nations? 
Paulie, it's that the bad system aids and abets moral failure and the development of troubled nations.


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