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Monday, May 14, 2012

Greece’s Future in Euro Zone in Doubt

“The dollar rose and stocks fell Monday in Europe, and Wall Street appeared to be headed for a weak opening, as politicians fumbled for a way forward in a crisis that has put Greece’s continued euro membership into serious doubt.” (New York Times)

Spendthrift welfare states, beware.

FEE Timely Classic
“Greece: The Canary in the U.S. Coal Mine?” by Steven Horwitz