MUNICH – The euro has brought a balance-of-payments crisis to Europe, just as the gold standard did in the 1920s. In fact, there is only one difference between the two episodes: During today’s crisis, huge international rescue packages have been available.
慕尼黑—欧元给欧洲带来了一场收支平衡危机，一如20世纪20年代的金本位。事实上，这两场危机只有一个区别：在今天的危机中，你可以获得大量国际援助。