I’ve just published a foreign policy-related post at Outside the Beltway:
“The End of the Euro Will Be Blogged”
On a related note Yves Smith warns of an earlier wave of defaulting on sovereign debt:
Recall that the Great Depression nadir was the sovereign debt default phase. And the EU’s erratic responses (obvious hesitancy followed by finesses rather than decisive responses) is going to prove even more detrimental as the Club Med crisis grinds on.
Party like it’s 1930 again!
