Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Just re-read my own "intense" diary from 2008 and the comment thread. I think it's an interesting case study of why you need sector-balance analysis, which took us about two more years to discover on this blog...

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Mon Aug 24th, 2015 at 12:16:32 PM EST

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