Myths, Mix-ups, and Mishandlings: Understanding the Eurozone crisis Servaas Storm and C.W.M. Naastepad

The real cause of the Eurozone crisis resides in unsustainable private sector debt leverage that was aided and abetted by the liberalization of European financial markets and a global banking glut.

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(This article was originally published in the International Journal of Political Economy, 45: 46–71, 2016.)