America's economic future will depend in part on what happens in Europe, so the crisis over the Euro demands our attention. The Eurozone is divided between prosperous countries like France -- and especially Germany — and debtor nations, including Greece, and now Italy. The strong are needed to bail out the weak, but so far there's not enough trust for the strong to provide big money or the weak to accept austerity. Can un-elected European technocrats, trained on Wall Street, overcome the politics of independent nations? Why is it all so important to the United States?
Can a Divided Europe Save Its Common Currency?
Credits
Guests:
- Beppe Severgnini - Corriere della Sera - @beppesevergnini
- Karsten Voigt - German Council of Foreign Relations
- Nick Malkoutzis - Macropolis - @NickMalkoutzis
- Mary Dejevsky - The Independent - @marydejevsky
- Rana Foroohar - Time magazine - @RanaForoohar