Monday, March 5, 2012

Matías Vernengo on the Disaster of the Eurozone

Matías Vernengo (University of Utah) gives a nice summary here on the origins and nature of the Eurozone debt and economic crisis. The absence of federal fiscal policy in the Eurozone and its flawed monetary system have always been the underlying problem in Euroland. Some interesting comparisons between the Eurozone debt crisis and that of Argentina.


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