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Europe’s Economic Suicide
- dimitar 14y agoYes! A Paul Krugman column. I think its worthwhile for anyone to try to understand his economic assertions on the crisis. The most important part is understanding what is aggregate demand and what things like interest rates tell us. 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.
- VeejayRampay 14y agoYes please Mr Krugman (http://en.wikipedia.org/wiki/Paul_Krugman#Economics_and_policy_recommendations http://en.wikipedia.org/wiki/Paul_Krugman#Economics_and_poli...), enlighten us idiotic European people about the ins and outs of proper economic management. The American economy is doing so well too... The nerve on this dude, amazing.