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Tag Archives: Euro
Bank run
By Paul Krugman On Thursday Jean-Claude Trichet, the president of the European Central Bank or E.C.B. — Europe’s equivalent to Ben Bernanke — lost his sang-froid. In response to a question about whether the E.C.B. is becoming a “bad bank” … Continue reading
Posted in Breaking the mould, The world we live in Now
Tagged Ben Bernanke, DEfault, Euro, European Central Bank, Italy, Jean-Claude Trichet, Spain
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More of the same
by Paul Krugman The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe’s single currency is coming apart at the seams. How … Continue reading
Posted in The world we live in Now
Tagged Business and Economy, Deficit, Euro, Unemployment, United States
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