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It would be a serious understatement to say that the current
European financial crisis is difficult to understand.
Most people get dizzy trying to get a handle at what is
going on in Greece, in Spain, in Portugal, in Ireland, and in the European
Central Bank.
To say the least, I am not qualified to shed very much light
into the darkness,
but I am happy to report that Walter Russell Mead has written a column that explains
the problems as clearly and cogently as anything I have read.
It’s well worth a read.
2 comments:
I've taken to reading Bruce Krasting regarding the Europe mess.
http://brucekrasting.blogspot.com/
Apparently, a rumor is now swirling that banknotes are going to be stamped with the country of origin.
It's a fun blog to read if you like to read such financial blogs.
Thanks for sharing such an elaborate explanation.
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