(18) Euro and Monetary Policy

What is the European Debt Crisis?

Europe in crisis? Despite everything, its citizens have never had it so good

COURSE - The Eurozone Crisis

European crisis: The markets are already there



Euro Indictment

The global credit bubble and its bursting during the first decade of the twenty-first century set off a search for the culprits. The investigation is fundamentally historical rather than criminal. The actions and flaws of institutions and individuals are coming under scrutiny. The investigators are also turning to wider social and economic forces which in combination might have been responsible for the disaster.

A search for the causes of economic and financial breakdown has some similarity with the pursuit of the blame for the eruption of war. The analogy is only partial because investigations into the breakdown of peace can lead to indictments of war guilt. The identified person or organisation could be due for punishment (sometimes posthumously in a purely hypothetical court process) for crimes against humanity or lesser charges. Crime and punishment are not at issue in the investigation of the economic debacle.


Read more...





ar bg ca zh-chs zh-cht cs da nl en et fi fr de el ht he hi hu id it ja ko lv lt no pl pt ro ru sk sl es sv th tr uk vi