Paul Krugman: The Making of a Euromess

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opednews.com Headlined to H3 2/15/10

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As Berkeley's Barry Eichengreen puts it, an attempt to reintroduce a national currency would trigger "the mother of all financial crises." So the only way out is forward: to make the euro work, Europe needs to move much further toward political union, so that European nations start to function more like American states.

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At www.nytimes.com

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