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You are assuming killing the euro is easier. I can't see how it really could be. Both require the bulk of our political classes to admit error, and the arguments against austerity are on much stronger footing than the arguments against large currency areas. Because there really are no examples of austerity working well, but there are existence-proofs for large currency areas.
by Thomas on Thu May 29th, 2014 at 06:30:41 AM EST
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