Wolfgang Franz, who heads Germany's economic advisory panel, rips into Paul Krugman's critique...

|By:, SA News Editor

Wolfgang Franz, who heads Germany's economic advisory panel, rips into Paul Krugman's critique of Bundesbank President Axel Weber. Franz: "Where did the financial crisis begin? Which central bank conducted monetary policy that was too loose? Which country went down the wrong path of social policy by encouraging low income households to take on mortgage loans that they can never pay back?"