If the ECB can’t change this perception very, very soon — and I think it really is up to them — this goose is cooked.Read it at The New York Times | Conscience of a Liberal
The Breakeven Point (Wonkish But Terrifying)
by Paul Krugman | Professor of Economics, Princeton University
Not that wonkish, but terrifying.
The politics seems stuck. If the ECB doesn't step up in time, and there's not much time, it may well be over.