Monday, June 29, 2015

Greece Over the Brink - The New York Times

Greece Over the Brink - The New York Times:

 "It has been obvious for some time that the creation of the euro was a terrible mistake. Europe never had the preconditions for a successful single currency — above all, the kind of fiscal and banking union that, for example, ensures that when a housing bubble in Florida bursts, Washington automatically protects seniors against any threat to their medical care or their bank deposits."

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