What’s Life Really Like In An Economic Panic? https://www.youtube.com/watch?v=58s_bp93trE
In June, Greece defaulted on its loan payment, sending doubts on the future of the Euro. So, we wanted to know, was the Eurozone a bad idea?
Why the Euro Is Doomed in 4 Steps
“We’re going to need a bigger acronym.”
“The euro is the single currency shared by 19 of the European Union’s Member States, which together make up the euro area.”
European Central Bank (ECB)
“Role: To manage the euro, keep prices stable and conduct EU economic & monetary policy”
The Debt Crisis and the European Central Bank’s Role of Lender of Last Resort
“The debate on the role of the central bank in the European debt crisis reveals the increasing difficulty of the authorities to apply sensible solutions.”
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