Sooner Would be Better

We’ve been saying for a long time that the Eurozone has to break up.  There is no reason Greece and Germany should have the same monetary policy, never has been.  We’re glad to see other people are coming around.

The Greeks are discussing it at the policy level.  Other countries are probably also discussing how to separate.  How it’s done could make a big difference.  The bad way would be to wait while the crisis gets worse.  A better way would be to start working on it right now.

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