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Europe’s Economic Suicide

7 pointsby motti_sabout 13 years ago

2 comments

dimitarabout 13 years ago
Yes! A Paul Krugman column. I think its worthwhile for anyone to try to understand his economic assertions on the crisis.<p>The most important part is understanding what is aggregate demand and what things like interest rates tell us.<p>Actually might change your worldview. For example that sometimes individually rational behavior (deleveraging instead of investing in a crisis) can be disastrous for the economy as a whole.
VeejayRampayabout 13 years ago
Yes please Mr Krugman (<a href="http://en.wikipedia.org/wiki/Paul_Krugman#Economics_and_policy_recommendations" rel="nofollow">http://en.wikipedia.org/wiki/Paul_Krugman#Economics_and_poli...</a>), enlighten us idiotic European people about the ins and outs of proper economic management.<p>The American economy is doing so well too...<p>The nerve on this dude, amazing.