Doing Their Best To Destroy The Euro

Paul Krugman thinks that by doing nothing, ECB is destroying the euro and is trying to put itself out of business. Oh, and survey data suggest that the euro area economy is really plunging now, plus Spain is on the brink. What about inflation? It’s falling fast — which is a bad thing under the circumstances. I…

Around The Net In Ten Posts – Wednesday June 6, 2012

Here is what I am reading: ‘Simplistic Keynesians’ still right about the economy (The Economic Policy Institute) Panic has become all too rational (FT- Martin Wolf) Rich Nontaxpayers (NYT – Bruce Bartlett) Is America Healing Fast Enough? (Project Syndicate) May U.S. Jobs Numbers; Proof Real Trouble Just Beginning (Profit Potential) Possible Deal Takes Shape on…