Five little PIIGS. Senior Editor Paddy Hirsch explains why problems with certain European countries' sovereign debt could blow the house down.
Paddy could have highlighted the reason(inefficient fiscal policy) for the problem.
Good overiview. Curious, how comes there was no trouble in the Euro economy when Euro currency gained strength over US dollar few years back?
Quite nice, but this video could missed a golden opportunity to go a bit more in depth about sovereign debt. Love the videos usually, but this could have used a heavier treatment. Thanks.
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