4. The Rise and Fall of the €

Jan-27-2012 | Comments (0)

Bird’s Eye: Hey, I hear you cry, isn’t it enough that I’m looking at Tikkunista, and now you expect me to listen to a 60 minute audio about financial policy? Well, here’s why you should. 1) It’s hugely entertaining. 2) it explains the core conflict that underlies the current crisis, and how that’s been there since the Euro was created. 3) When the € crashes, as it will, this will affect you. Knowing why this is going to happen is going to be really useful. The Vincent Browne video is what was once called “journalism”, in which a reporter tries to get real answers to hard questions, in this case why the Irish should bail out banks. The obfuscation is impeccable.

* Continental Breakup  This American Life (60 minute audio)

If you’re like us, when the words “European debt crisis” pop up in the news you feel a little worried, and a little like taking a nap. Turns out, there’s a story behind this story. One that’s filled with guilt, and drama, and betrayal, and 100-year-old dreams come true. Alex Blumberg of Planet Money guest hosts. 

* Vincent Browne v The ECB   YouTube, 10 minutes

Vincent Browne (Irish reporter) takes on Klaus Masuch over the issue of the Irish people having to foot the bill for unguaranteed bondholders.



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