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CNNW Fareed Zakaria GPS May 20, 2012

if he succeeds, he charts a path out of the crisis for other countries. then iran. it s in dire economic straits for a very different reason. we have another exclusive. this one with iran s finance minister about just how crippling u.s.-led sanctions have been for his nation. next up, a conversation with paul krugman. the biggest question in the world today is whether to spend or whether to cut. krugman is the leading voice saying stimulate. i ll ask him to defend his views. all that plus superstitions in the race for space. but, first, here s my take. everyone is worried that greece might default on its national debt. that s really not news. by one estimate and the 180 years since greece gained its independence from the ottomans in 1832, the country has been in default or restructuring for half that period. the news is that this time, germany is willing to bail greece out. throughout the euro zone crisis, it has been conventional wisdom to regard the germans as ....

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CNNW Fareed Zakaria GPS May 20, 2012

we have another exclusive. if one with iran s finance minister about just how crippling u.s.-led sanctions have been for his nation. next up, a conversation with paul, the biggest question in the world today is whether to spend or whether to cut. krugman is the leading voice saying stimulate. i ll ask him to defend his views. all that plus superstitions in the race for space. but, first, here s my take. everyone is worried that greece might default on its national debt. that s really not news. by one estimate 180 years since greece gained its independence in 1832 the country has been in default or restructuring for half that period. the news is that this time germany is willing to bail greece out. throughout the euro zone crisis it has been conventional wisdom to regard the germans as narrow-minded, ungenerous, and dog matticly wedded austerity to treat europe s problems. these criticisms are vastly overstated. consider that germany is being asked to take its taxpayers ....

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