Radio commentary, November 27, 2010

Eurocrisis: bondholders need a haircut • how Ireland helps Google pay almost no taxes • Germany must screw periphery because it’s screwed its own workers All Eurocrisis today. I never thought I’d be saying this, but it must be conceded that Angela Merkel has a point or two. Not the way the German chancellor and many of her fellow Germans want to drive Greece, Ireland, and the other troubled countries on the periphery of Europe through the austerity wringer. Not that. But this: Merkel thinks that bondholders should take a hit. And… Read More