Europe's Road to Ruin

Europe's Road to Ruin

What I will describe as 'conventional wisdom', using the term in its most pejorative way, is still being applied -- and widely applied -- to an economic and political crisis that is in the process of devouring us. Its ingredients are as follows:

The wisdom is: we must stick together. That means the states that are in the eurozone. They have stuck together, tightly, through an increasingly long chronology of failed measures and have been failed by these.

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