Main » 2012»July»17 » European Debt Crisis Explained // Dr. Lucas D. Papademos , former Vice President,
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European Debt Crisis Explained // Dr. Lucas D. Papademos , former Vice President,
European Debt Crisis Explained
The European debt crisis explained: The debt levels around the globe are unprecedented in peacetime. The odds of restructurings and/or defaults are higher than most believe. When does debt become unsustainable? The video shows the debt levels of numerous countries have reached "problem" levels. Since the bill coming due in the form of maturing bonds is so large, policymakers in Europe have no easy way out. "Solutions" may include printing money to create inflation or debt restructurings/defaults; or a combination of the two. Chris Ciovacco of Ciovacco Capital Management compares healthy markets to the current state of affairs. Which investments tend to perform well during deflation/defaults/restructurings? Which investments tend to perform well during periods of inflation/money printing by central banks? What is a back-door bazooka? Studies by Kyle Bass of
Translation? Are they making fun of greece or just criticizing?
NeptunePolyphemus
This program is the contents which are unpleasant for you.
However, Greece must take serious responsibility
if contents are facts.
The Greek present conditions are future images
of all developed countries including Japan.
In other words this is not just an affair of other people.
I am sorry to say but the video contents are false...
Even the ones are true, they present a wrong idea
about the whole greek debt issue..
You cant examine something with so many factors
indicated, in a 10min video with happy Japanese
laughing and making weird faces on other peoples problems..
Wrong presentation,, Wrong elements..Wrong video to analyze the greek problem
And just for saying it is GLOBAL and not just greek.....time to realize it people.its knoking your doors 2.
dont refuse to listen.....Pap3
Loved the video. I can't understand why there are so many dislikes. The video is a perfect example of how to explain dense (financial or any subject) matter in layman's language. To all the people who is offended by this video: Grow up. They are not mocking anyone. I am not Japanese, nor can I understand the language. However, the subject matter is presented in such a way that I found no difficulty in understanding what the video actually wanted to convey. Thanks to the up-loader.
