Papadimitriou, Dimitri Basil; Wray, L. Randall - 2011
Yet another rescue plan for the European Monetary Union (EMU) is making its way through central Europe, but no one is … profligate spending by some nations but rather the setup of the EMU itself. We then turn to US problems, assessing the … Europe. It may be too late already. -- Sovereign Debt ; PIIGS ; European Monetary Union ; Global Financial Crisis ; Debt …