Welfare states’ debt due
Ratings downgrades, states default
Euro muddles throughArthur Diamond
The haiku above was my entry in response to the haiku challenge in the Kauffman Foundation’s First Quarter 2012 survey “of top economics bloggers.” The haiku challenge was: “The euro is troubled, so what is its fate in 2012 and/or what should policymakers do?”
The results of the Q1 2012 survey can be found at: http://www.kauffman.org/uploadedFiles/econ_bloggers_outlook_q1_2012.pdf