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lsanderson ([personal profile] lsanderson) wrote2011-01-13 04:33 am

Can Europe Be Saved?


ATHENS Protests against austerity measures brought international travel and public services to a standstill on Dec. 15.
By PAUL KRUGMAN
Published: January 12, 2011
THERE’S SOMETHING peculiarly apt about the fact that the current European crisis began in Greece. For Europe’s woes have all the aspects of a classical Greek tragedy, in which a man of noble character is undone by the fatal flaw of hubris. More

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