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Paul Krugman on Germany’s ‘Whips and Scourges’

In our first installment of ‘Paul Krugman’ week, the New York Times columnist discusses European austerity, and makes the point that “no country that has its own currency is experiencing the problems the euro zone now faces. Below, a rebuttal of sorts from Jacob Kirkegaard, a senior fellow at the Peterson Institute for International Economics.

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