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Staring at the abiss with Paul Krugman | 235 comments (235 topical, 0 editorial, 0 hidden)
Re: solidarity (none / 1)
Eventually ideology gets condensed into institutional structure. Then you're fucked.

The Maastricht treaty did it. When we joined the Euro, we were fucked.

And the reason why countries joined the euro had nothing to do with economics but with stupid political notions of national pride and personal political legacies.

Because, you know, humans are morons.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Migeru (migeru at eurotrib dot com) on Sat Mar 17th, 2012 at 07:41:39 PM EST
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Staring at the abiss with Paul Krugman | 235 comments (235 topical, 0 editorial, 0 hidden)
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