Germany also to Blame for Eurozone Crisis
Costas Lapavitsas, The Guardian | March 22, 2010
Germany is not completely blameless for the current economic crisis affecting Europe, and the austerity policies it proposes for the weak economies on the periphery of the eurozone are unsustainable. ++ "A fundamental problem of the policy of austerity for the periphery is that it does not deal with the structural imbalance within the monetary union." ++ Two solutions are proposed to rectify this imbalance, the first is to aim for a "good euro," the second is for the peripheral nations to exit the eurozone.
