Paul Krugman: Phantom Phiscal Crises: “Matthew Klein takes on… …the mysterious, persistent fear that Japan and other countries that borrow in their own currencies could suddenly face a Greek-style fiscal crisis…. It’s not just BowlesSimpsonGreenspan who believe in the threat; Taka Ito… is a good and sensible economist; so is Olivier Blanchard…. The answer I … Continue reading Afternoon Must-Read: Paul Krugman: Phantom Phiscal Crises