Posted by & filed under Economic Analysis, Governments & Regulators.

Description:  A wakeup call for Greece and the euro. WSJ’s Andy Jordan and Joe Parkinson report from Athens on the threat of a potentially contagious debt crisis and the moral hazard of bailing out a country with bad fiscal habits.

Source: Marketwatch – video report
 
Date: 03/02/2010

Link: http://www.marketwatch.com/video/asset/greece-on-the-brink-anatomy-of-a-debt-crisis/5AEAD5AC-6C7E-424C-BF51-FA0A40B350C9 

Questions for discussion:

  • What is your view of the arguments presented in this report?
  • What direction do you believe governments will go to deal with the problem?
  • How do you think this will affect investment decisions in Europe and Greece, in particular?
  • What impact will this have on the value of the Euro?
  • How should investors deal with the situation?

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