The Agony of Greece

And so it starts.

Among those in First Things ’ offices, our senior editor David Goldman goes on The Kudlow Report to do the heavy lifting on economics, and things like guessing which way the Euro is going to break are way beyond my remit.

Still, there are no good solutions to the Greek financial crisis for the European Union, and I’m convinced things are going to get very, very bad in Greece— bad as in street violence, political gridlock, major bond defaults, and even civil war.