Krugman optimistisk om tidsplanen för Eurodämmerung

Eurodämmerung
Paul Krugman, New York Times, May 13, 2012

Some of us have been talking it over, and here’s what we think the end game looks like:

1. Greek euro exit, very possibly next month.

2. Huge withdrawals from Spanish and Italian banks, as depositors try to move their money to Germany.

4b. End of the euro.

And we’re talking about months, not years, for this to play out.

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