Opinion | A Continent Adrift (Published 2009)

MADRID I’m concerned about Europe. Actually, I’m concerned about the whole world � there are no safe havens from the global economic storm. But the situation in Europe worries me even more than the situation in America. Just to be clear, I’m not about to rehash the standard American complaint that Europe’s taxes are too high and its benefits too generous. Big welfare states aren’t the cause of Eur

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ユーロ圏の惨状。スペインはデフレに苦しむか、ユーロを離脱するか。ユーロは金本位制より始末が悪い。