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Europe on the Brink

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In this documentary, the editor and reporter of the Wall Street Journal studied the origin of the European debt crisis, and why it spread in such a ridiculous way to devour most of the mainland and threaten the entire world.

If Europe has a Greek problem before the problem, today’s crisis may be more managed. It should develop a difficult agreement with Athens by the development of long -term financial guarantee and relief.

But it can be said that taxpayers in Germany and other Nordic countries may have to provide funds for some rescue and recovery costs (they do this in any case). It will recognize that Germany and French banks that must be exposed in a large number of taxpayers must be reorganized at the cost of taxpayers.

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