What’s The Matter With France? – Paul Krugman -NYTimes.com

Paul Krugman, Laureate of the Sveriges Riksban...

Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Swedish Academy of Science in Stockholm (Photo credit: Wikipedia)

This is a MUST-READ article from Nobel winning economist, Paul Krugman, in the NYT. Check it out!

via What’s The Matter With France? – NYTimes.com.

Krugman takes a hard look at the data on France and guess what France isn’t do so badly after all. This is good news for the new French government.

But sadly that’s note enough. Unless Germany reflates France will still struggle. So perhaps, the former French Finance Minister was right – the problem’s really with Germany, not France!

Thoughts?

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