I fear that if Greece leaves the euro, there would be a real loss of legitimacy of the government among the Greek people.
I'd like to pursue that a little more, because, Dr. Johnson, I think you talked about the extent of exposure.
there is no sovereignty left in Greece as far as economic policymaking goes.
Thank you, Senator.
So you're not optimistic, not only that the leadership in Greece will deliver the correct message to the public, but tha...
I don't know how much capital would be necessary to safeguard the American financial system.
I think they're in an end game within which elites typically grab what they can, take the resources, move them offshore,...
That may be a good thing, though.
I worry because we've allowed the IMF to become excessively dominated by the Europeans, who are largely in denial about ...
If you ask the ECB to do more, you're asking it to provide more credit to the system, which will weaken the euro.
one of the debates that's gone on has been austerity versus growth, and at what point do you need to include some growth...