27/10 The Path Not Taken, by Paull Krugman


OP-ED COLUMNIST
REYKJAVIK, Iceland
Fred R. Conrad/The New York Times
Paul Krugman

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Readers’ Comments

Financial markets are cheering the deal that emerged from Brussels early Thursday morning. Indeed, relative to what could have happened — an acrimonious failure to agree on anything — the fact that European leaders agreed on something, however vague the details and however inadequate it may prove, is a positive development.