Sunday, February 14, 2010

Euro in Spain

From today's NYT:

"It’s an ugly picture. But it’s important to understand the nature of Europe’s fatal flaw. Yes, some governments were irresponsible; but the fundamental problem was hubris, the arrogant belief that Europe could make a single currency work despite strong reasons to believe that it wasn’t ready."

Paul Krugman.

I have a nephew living in Barcelona. I hope he is OK.

Fortunately her sister is already gainfully employed in Querétaro, México. Thank you.

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