Dopo queste crisi, ci accorgeremo che gli equilibri mondiali saranno cambiati.
The Halt and the Lame
Simon Johnson writes about who’s worse — America or Europe? Basically I agree with his assessment: Europe has more fundamental problems in sheer economic terms, because it adopted a single currency without the necessary institutions to make it workable. America has a long-run budget problem, but our current mess is entirely political. Unfortunately, that doesn’t make it any easier to solve.
What’s extraordinary, though, is the paralysis that has taken over essentially the entire advanced world.