Stephan:   Paul Krugman is one of the few op-ed writers I publish. I do so first because he is a Nobel Laureate in economics, so he speaks from an actual basis of data, not ideology or theology and, second, because he has been so correct over and over since the nightmare of the economy began in the Bush-Cheney administration. I take what he writes here as a warning we should heed. I would be very careful if I had investments in Europe.