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Afternoon Must-Read: Paul Krugman: Phantom Phiscal Crises - Washington Center for Equitable Growth
Paul Krugman: Phantom Phiscal Crises: “Matthew Klein takes on…
…the mysterious, persistent fear that Japan and other countries that borrow in their own currencies could suddenly face a Greek-style fiscal crisis…. It’s not just BowlesSimpsonGreenspan who believe in the threat; Taka Ito… is a good and sensible economist; so is Olivier Blanchard…
