@article{kelton_can_2009,
	title = {Can {Euroland} {Survive}? {\textbar} {Levy} {Economics} {Institute}},
	shorttitle = {Can {Euroland} {Survive}?},
	url = {http://www.levyinstitute.org/pubs/ppb_106.pdf},
	abstract = {Social unrest across Europe is growing as Euroland’s economy collapses faster than the United States’, the result of falling exports and a weaker fiscal response. The controversial title of this brief is based on a belief that the nature of the euro itself limits Euroland’s fiscal policy space. The nations that have adopted the euro face “market-imposed” fiscal constraints on borrowing because they are not sovereign countries. Research Associate Stephanie A. Kelton and Senior Scholar L. Randall Wray foresee a real danger that these nations will be unable to prevent an accelerating slide toward depression that will threaten the existence of the European Union.},
	language = {en},
	number = {106},
	urldate = {2019-02-05},
	journal = {The Levy Economics Institute Policy Brief},
	author = {Kelton, Stephanie A. and Bell, Stephanie A. and Wray, L. Randall},
	year = {2009},
}

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