PSA

Crooked Timber is hosting a symposium on Germany, its response to the EU debt crisis, and its role within the EU more broadly. The first three installments are in, with more to follow. I especially liked Mark Blyth's contribution, which I think gets the situation right. In a nutshell, he argues that Germany is doing what it's doing as a stalling tactic to give its banks time to prepare for an inevitable run.