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Daniel Altman ~ The Eurozone

submitted by Joe Motion

(lurgee)
1 decade 1 year 10 months ago

YouTube Description:

Daniel Altman explains the origins of the European Union and why it's in so much trouble today.Directed / Produced byElizabeth Rodd and Jonathan FowlerDaniel Altman is an economist and writer. Born in Connecticut, he studied economics at Harvard long enough to receive a doctorate. Rather than stay in the ivory tower, he became the London-based economics correspondent of The Economist. He next joined The New York Times as one of the youngest-ever members of its editorial board and later wrote economic commentary for the business section. He soon returned to London to become an economic advisor in the British government, dealing with crime, immigration, and illicit drugs. His next position was as the global economics columnist of the International Herald Tribune, with stints in Buenos Aires, Damascus, and Hong Kong.

4 Comments

renatojj says...

The Eurozone was established so countries would stop fighting each other? Really? That's a terribly good way of putting it.

I guess world peace is just a world central bank away.

>> ^renatojj:

The Eurozone was established so countries would stop fighting each other? Really? That's a terribly good way of putting it.
I guess world peace is just a world central bank away.

but it must be true, an expert said it!

You crazy yankies and your anti-central bank views. I suppose the bouts of 10-20% inflation that just magically stopped after any country introduced an independent central bank is lost on your guys? Or that the Fed through QE1, QE2 and Operation Twist is pretty much single handedly responsible for preventing millions of people from remaining unemployment these last few years and joining the ranks of the permanently unemployed?

@renatojj

The European Union was created purportedly to create intra-regional peace. The Euro Zone was the fundamentally flawed idea of creating a monetary union without a fiscal union.

Id rather pay for a unified europe than to have germany at my doorstep again..

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