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Back to Which Way, L.A.?

Which Way, L.A.?

Lessons from Greece in US Debt Crisis

Despite public outrage and yesterday's riots over austerity measures, Athens was quiet today as the Greek parliament put the final touches on spending cuts and tax increases designed to unlock $17 billion in aid from the European Union , the European Central Bank and the International Monetary Fund .

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    By Warren Olney • May 12, 2014 • 1 min read

    Despite public outrage and yesterday's riots over austerity measures, Athens was quiet today as the Greek parliament put the final touches on spending cuts and tax increases designed to unlock $17 billion in aid from the European Union, the European Central Bank and the International Monetary Fund. If the US doesn't bite a similar bullet, will its "full faith and credit" be suspect in the eyes of the world?

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • KCRW placeholder

      Nick Malkoutzis

      Macropolis

    • KCRW placeholder

      Zanny Minton Beddoes

      Economist

    • KCRW placeholder

      Jacob Kirkegaard

      Peterson Institute for International Economics

      News
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