Democracy and Debt - The European, American and Japanese Sovereign Debt Crises

By: Matt Buttsworth

Narrated by: Virtual Voice

Europe is in crisis. As the leaders of France and Germany scramble to create one solution after another, the Euro is on the brink of collapse. Greece, Portugal, Spain, Ireland, Italy all of debts they cannot repay, and government bond interest rates have dramatically increased as bankers fears of sovereign risk and national debt default increase with every crisis and every failed solution. European and IMF funds have saved Greece, Portugal and Ireland for now, but what happens if Spain is engulfed by financial crisis? Or Italy? What nations or institutions in the world could save the third largest economy in Europe? And at what point will Germany decide that maintaining its own national solvent is more important than continually saving the economies of southern Europe and Ireland from bankruptcy by ever increasing bailouts that will never be repaid. Democracy and Debt - the European Debt Crisis is an in depth analysis of this growing crisis and its implications for the future of the West.