Markets learn from a current crisis which principles will be applied in the next one.

Will the Euro Survive the Current Crisis?

The current European crisis is a case in point.

All eyes are focused right now on the immediate crisis.

The current crisis vividly underscores the point.

If it stays put, the next crisis will make this one look like a walk in the park.

But the current crisis cannot be solved by words alone.

The current crisis shows how far we have come from that model.

MILAN Investors have been hit hard by the current crisis.

The current crisis killed off this optimistic scenario.

But the crisis has invigorated the IMF.

Before the crisis, such ideas would have been dismissed out of hand.

That is why a US China standoff is a worldwide problem.

But the financial crisis is unique and potentially overwhelming.

The current crisis is severe punishment for that immense intellectual error.

The G 8 did not fail because of the current financial crisis.

The crisis has underscored the utmost importance of macro prudential regulation.

The current financial crisis raises yet another problem the lack of a clear lender of last resort.

The dollar came under pressure early in the current financial crisis, but staged a strong recovery as the crisis worsened.

VIENNA Europe s current financial squeeze defies easy solutions.

The current crisis in Burma offers China a rare opportunity to do so.

Despite its problems, the euro is very likely to survive the current crisis.

In the current crisis, three moral hazard effects are particularly important.

Germany s third illusion is that the current crisis is ultimately a euro crisis.

In the current crisis, popular anger is no surprise directed against bankers.

The standard models failed to predict the crisis, but bad ideas die a slow death.

PRINCETON Worried investors and policymakers are becoming obsessed with Great Depression analogies.

CAMBRIDGE There was a dog that didn t bark during the financial crisis protectionism.

The current financial crisis is different from all the others we have experienced since World War II.

Brown s reputation for fiscal prudence evaporated with the Great Recession.

Capitalism has always had crises, and will go on having them.

In other words, the current crisis reflects a deeper, constitutional flaw.

The current financial crisis is unlikely to change the basic success story.

Other actors, too, seem to prefer the apparently limited current crisis to the unknown alternatives.

It is obvious that politicians and bankers made grave errors that contributed to the current crisis.

It is essential that China and the US work together to resolve the current crisis.

Each episode in the current crisis illustrates the fragility caused by this interdependence.

Americans today compare their current crisis to the Great Depression Russians compare theirs to the crisis of 1998, which is much fresher in the collective memory.

Green growth offers a realistic alternative to the faltering austerity approach to overcoming the current economic crisis.

The origins of the current crisis may be in some dispute, but the costs are not.

Today s crisis offers an opportunity to show that the EU can provide stability, support, and solidarity.

The fact that the current global crisis is a post modern one does not make it any less dangerous.

We cannot blame today s emerging crisis solely on our current and recent governments actions.

CAMBRIDGE What a difference the crisis has made for the International Monetary Fund.

Once the current global crisis is over, nothing will ever be the same again.