Broke states: whose debt is it anyway? (part 2)

Greece is making the headlines with its massive debt, and concern is spreading to other countries such as Spain and Portugal. But who is really responsible for the financial mess it seems our economies are in? And can a country go bankrupt like a company would?

Debate with Mark Owen and guests:

Alessandro GIRAUDO, Chief Economist for Tradition, Professor of Finance at the ISG (Institut Supérieur de Gestion) and author of Money Tales

Paul Jorion, Anthropologist, Economist and author of L'argent, mode d'emploi and Comment la vérité et la réalité furent inventées

Edward HADAS, Assistant Editor for Reuters Breakingviews and author of Human Goods, Economic Evils – a moral approach to the dismal science

Sudha NAIR, France 24 Correspondent (by satellite from Athens)

Programme prepared by Perrine Desplats

Watch the first part

Comments (1)

How European is Germany?

by Anonyme - 21/05/2010 - 18:48

The situation is heading to question; How German is Europe going to be? while Germany is the power-house of Europe, and landing all the money to the irrresponcible Europian governments,plus giving more of the "bail-out" money to them,Germany will acheave what Hitler and his Wermacht could not do. That is all Europe will be the indebted subjects/servants of Germany.
Germany in alliance with France, both oppose the British even today. So, will history repeat itself ?

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- Europe - financial crisis - Greece - world economy

Broke states: whose debt is it anyway? (part 2)

Greece is making the headlines with its massive debt, and concern is spreading to other countries such as Spain and Portugal. But who is really responsible for the financial mess it seems our economies are in? And can a country go bankrupt like a company would?

Comments (1)

How European is Germany?

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