(hat tip to common dreams)
Paul Krugman has a few thoughts on Cyprus: Leave the euro now.
The only issue with Krugman’s column is that he should get a little more detailed and put it into context. Most folks are not literate in the financial world (which I think they bank on (pun intended)), so a little “lesson” on the history of economics and why we continually bail out banks and financial institutions and anyone else they deemed “worthy”…just as long as they don’t give those sleazy poor people food stamps!!
Eagle 