"We have a globalized financial system in which a crisis that began with a bubble in Florida condos and California McMansions has caused a monetary catastrophe in Iceland. We're all in this together, and need a shared solution."
To read Paul Krugman's article printed in: International Herald Tribune, 10/10/2008, click on
http://www.iht.com/bin/printfriendly.php?id=16847343