New Atlanticist
Nov 9, 2011
Italy Too Big To Fail, Too Big to Save
By
James Joyner
Overnight, Italy has replaced Greece as the poster child for the Eurozone crisis. While political will stood in the way of fixing Greece, Italy may be beyond fixing. Nobel economist and NYT columnist Paul Krugman snarked, "This is the way the euro ends. Not with a bang but with bunga-bunga." But, as the main feature in his own […]