This, unfortunately, is what has been lost in the debate about Europe of late: However loud and aggressive the anti-austerity movement becomes, there still will be no simple Keynesian cure for the single currency’s debt and growth woes.
Peu importe la virulence et l’agressivité que peut acquérir le mouvement anti-austérité, il n’existera jamais aucun remède keynésien simple aux problèmes de la dette et de la croissance de la monnaie unique.