We’re Not Greece

クルーグマンがWe’re Not Greeceを書いている。
(http://www.nytimes.com/2010/05/14/opinion/14krugman.html)

気になったポイントは

5/14には

Greece, on the other hand, is caught in a trap. During the good years, when capital was flooding in, Greek costs and prices got far out of line with the rest of Europe. If Greece still had its own currency, it could restore competitiveness through devaluation. But since it doesn’t, and since leaving the euro is still considered unthinkable, Greece faces years of grinding deflation and low or zero economic growth. So the only way to reduce deficits is through savage budget cuts, and investors are skeptical about whether those cuts will actually happen.

It’s worth noting, by the way, that Britain — which is in worse fiscal shape than we are, but which, unlike Greece, hasn’t adopted the euro — remains able to borrow at fairly low interest rates. Having your own currency, it seems, makes a big difference.

ユーロ加盟国のギリシャは自国通貨がないために、内外価格の切り下げによるデフレとゼロ成長
ユーロ非加盟国のイギリスは自国通貨があるために金利を下げることができる。

日本はWe are not Greeceである。

そして5/20のLost Decade Looming?(http://www.nytimes.com/2010/05/21/opinion/21krugman.html)
では We are, however, looking more and more like Japan.と書いている。

But the truth is that policy makers aren’t doing too much; they’re doing too little. Recent data don’t suggest that America is heading for a Greece-style collapse of investor confidence. Instead, they suggest that we may be heading for a Japan-style lost decade, trapped in a prolonged era of high unemployment and slow growth.

アメリカはギリシャ危機のようにはならず、早過ぎる出口戦略はまだ早く日本のように失われた10年になってしまうというものである。
ギリシャ危機によって財政再建の圧力がある国は太平洋を隔てた大国も同じようである。