Tornado Alley (PROG)

[StephanieVanbryce]

IF anyone is interested in the Eurozone Problems ..

Eurozone Problems

I’m giving a talk in Paris tomorrow. Here are some slides; they won’t come as a shock to regular readers, but it may be useful to see them all in one place.

First, I make the case that the overall economic crisis is driven by private debt, not public debt:

............go here and view the charts & few words from Krugman, I especially found the last chart helpful, it's shows ALL the countries that have been on the 'austerity' BINGE and just how NOT O.K. that has worked out for them ...............;( ..and the reflubs want to do that here ........sigh

He gave this talk in Paris yesterday

http://krugman.blogs.nytimes.com/2012/01/30/eurozone-problems/#more-28687