“The big mistakes were the adoption of the euro without careful thought about how a single currency would work without a unified government; the disastrous framing of the euro crisis as a morality play brought on by irresponsible southerners; the establishment of free labor mobility among culturally…”— Paul Krugman, krugman.blogs.nytimes.comTagged: LOL, Brexit, History, Europe, Economics
“It seems clear that the European project – the whole effort to promote peace and growing political union through economic integration – is in deep, deep trouble.”— Paul Krugman, krugman.blogs.nytimes.comTagged: LOL, Brexit, History, Europe, World War 2
“Well, that was pretty awesome – and I mean that in the worst way. A number of people deserve vast condemnation here, from David Cameron, who may go down in history as the man who risked wrecking Europe and his own nation for the sake of a momentary political advantage, to the seriously evil editors…”— Paul Krugman, krugman.blogs.nytimes.comTagged: LOL, Brexit, Media, Politics, Economics