I've known you for many years already, Aaron, and I think you're responses to me in this thread have been quite poor by your usual high standards. It's reasonable, I think, to demand a link for something that would seem unlikely. But Krugman, as you could already see, said explicitly that Latvia was going the way of Argentina because they were operating the exact same policies as Estonia, i.e. refusing to devalue their currency. It follows logic that it was likely that he might also believe the same fate awaited Estonia and any other country following those policies, because he wasn't attacking Latvia for being Latvian, but for operating policies he didn't agree with. In fact it would be more reasonable to demand a link if someone said he didn't think the other Baltic countries would go the same way as Latvia, because that would create a bizarre exception in his argument.