Streams

The Future of the Euro Zone

Monday, November 14, 2011

Finance blogger for Reuters, Felix Salmon, discusses the euro zone crisis post-Berlusconi.

Guests:

Felix Salmon

Comments [7]

superf88

Seven percent interest rate is considered the mark of a terrible credit risk? what makes individuals better able to pay debt than money-printers with flags and armies?

fascinating that the magic number of "too high an interest rate" to reasonably be expected to pay back is a fraction of the average interest rate paid by Citibank's credit customers...

Nov. 14 2011 10:43 AM
Richard Johnston from Manhattan upper west side

"A not unreasonable request," eh wot? This British usage is so predictable.

Nov. 14 2011 10:40 AM
Robert from NYC

I never believed in the "great" European Unity you speak of. They done it wrong!

Nov. 14 2011 10:40 AM
Ken

You just touched on this a bit, but I think it needs further discussion. How is a new leader going to be effective if his job is to enact draconian cuts that were so unpopular they caused the downfall of the previous leader?

Nov. 14 2011 10:37 AM
Robert from NYC

Oh get people who know what he did, he stood up to Microsoft and sued them for millions of dollars

Nov. 14 2011 10:36 AM
steve mark

If people knew anything about history, they'd know that a new Marshall Plan is needed for Europe. The wealthier nation and the IMB can put up the funds. The plan looked to the future, and did not focus on the destruction caused by the war. "Much more important were efforts to modernize European industrial and business practices using high-efficiency American models, reduce artificial trade barriers, and instill a sense of hope and self-reliance"

Nov. 14 2011 10:35 AM
Yiorgo from Astoria

Greece
I have a couple of friends from Greece, that in the past year, have moved to NY for good. And i have cousins calling me from Greece asking how to get here and work.
I call them Economic Refugees.

Nov. 14 2011 10:35 AM

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