Thursday, January 13, 2011
Why The US Meltdown is Better Than Eurpoe's
Here's a neat article about the meltdown in Europe from the NYTimes. The oddly parallel, has to be somehow related to the one in the States, meltdown.
The gist is that Europe is not like the States because they don't have a central authority that can dictate taking from the rich and giving to the poor.
It turns out that when you have a singular currency with no central governing body this can really, really suck.
I promise to stop writing so much about the economy. Really, I do.