Frank Kogan

Andrew Higgins and Liz Alderman in yesterday's NY Times, saying that EU finance leaders helped plant seeds for the current Cyprus crisis by their decision in 2011 to force investors in Greek bonds to take a big hit, Cyprus banks being very invested:

"I cannot remember that European policy makers have seen anything coming throughout the euro crisis," said Paul de Grauwe, a professor at the London School of Economics and a former adviser at the European Commission. "The general rule is that they do not see problems coming."

I like their use of the phrase "Rolling Debt Crisis" later in. Could be an ilX thread.

Liz Alderman in today's NY Times says what Wolff, Duy, and Krugman have also been saying, though she's saying it in a news story, not in an opinion piece ("Cyprus Sets Up Tight Controls as Banks Prepare to Reopen"):

By imposing capital controls, European and Cypriot officials have effectively created two classes of euro: cash that can be freely spent, and cash that is locked up by capital controls, effectively diminishing its value.