Links: 2010-05-02 Acropolis now and Greece’s bad omen

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I like the first link below. However, it does move rather quickly from a discussion about Greece, which operates in a limited fixed-exchange rate environment, to other countries with fiat sovereign currencies. Be careful about any statements that treat the two as similar because they are not since the deflationary route is the only available to Greece to avoid default. You will also see the best econ picture of the year in the Economist story just below.