http://www.nytimes.com/2012/02/18/opinion/europes-failed-course-on-the-economy.html?_r=1&hpw
This article takes an interesting tack. It states that the current to attempts to get Greece, Italy and co. back on sound financial footing are failing because austerity is not the answer. It states that these austerity measures are, instead, worsening the financial crises in these countries, loading them with more and more debt. What the author does not do is put forth a viable alternative. He simply points out the flaws in this plan as is. So...what is a good solution? I can't answer either.
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