Prisoner of the Bureaucracy

From Mauldin Newsletters
January 25, 2013 - 4:13pm

I wrote some time ago that Greece had a choice between Disaster A: staying in the euro; and Disaster B: leaving the euro. I have recently come back from four days in Greece, meeting with lots of people at all levels of society, and will share with you in this letter my analysis of their choices and the results. I’ll also have a few things to say about what the developments in Greece might mean for the rest of Europe and the developed world. I penned these words in January of 2010:...

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