11:10 AM, December 1st, 2011
In the past week, I had vaguely Matrix moments as I watched people go about their lives seemingly oblivious to a reality that might radically disrupt their lives.
That’s Zachary Karabell talking about the Euro Crisis. Thankfully, European bankers jacked in and dodged a very scary bullet
2:00 PM, November 3rd, 2011
What happened in the last few days is something quite shocking to the Eurocrats. Someone actually asked the people of his own democratic country if they approve of deep and lasting austerity as a worthwhile price to keep the euro. So finally, we have a rogue force in EU decision-making: democracy. I know there are enormous systemic risks in delaying the implementation of the deal made last week; but there are also profound long-term risks in pushing for the deeper European integration required of this crisis without popular, democratic consent.
Andrew Sullivan on what happens if Greece Leaves the Euro.
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