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Greece: if austerity doesn't work... Try more austerity! | 287 comments (287 topical, editorial, 0 hidden)
Re: Try more austerity! (4.00 / 3)
There is an ongoing run on Greece which entails capital flight. The Bundesbank is open to capital controls but the time to apply them would have been a long time ago. Now the horse has left the barn.

Economics is politics by other means
by Carrie (migeru at eurotrib dot com) on Mon Jun 13th, 2011 at 11:41:06 AM EST
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Greece: if austerity doesn't work... Try more austerity! | 287 comments (287 topical, 0 editorial, 0 hidden)
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