The key to understanding the European economic mess is looking back to the American banking crisis, writes Andy Kessler—Greece is like Bear Stearns, Germany is JP Morgan, and guess which country plays the role of Goldman Sachs?
Andy Kessler is a hedge fund manager and author, most recently of Grumby. He has written for the Wall Street Journal, Forbes, Technology Review, The New York Times and elsewhere and has appeared on CNBC, CNN, Fox, NPR and Dateline NBC. He lives in Northern California with his wife and four sons.