(no subject)
Sep. 26th, 2011 09:43 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ivyficFor anyone following the news of the European financial crisis, this is a very interesting podcast.
Right now, Germany is facing a choice over whether to bail out Greece and other European countries. Germany has the strongest economy in Europe right now, in part because they went through austerity measures in the last decade to keep things in order. Greece...didn't. So you'd expect most Germans not to want to bail out Greece. And many don't. But they also talk to a lot of people who do want to bail out Greece, and for idealistic reasons. It's actually very hopeful, to realize that Germans in particular but all Europeans see the EU and the Euro as a promise that they will never have another war like WWII. As the reporter in ths tory says, the euro is a promise that the rest of Europe no longer need fear Germany's strength, that they will use their strength to help everyone.
The EU's still in a pickle right now, but this is at least one spot of hope.
Right now, Germany is facing a choice over whether to bail out Greece and other European countries. Germany has the strongest economy in Europe right now, in part because they went through austerity measures in the last decade to keep things in order. Greece...didn't. So you'd expect most Germans not to want to bail out Greece. And many don't. But they also talk to a lot of people who do want to bail out Greece, and for idealistic reasons. It's actually very hopeful, to realize that Germans in particular but all Europeans see the EU and the Euro as a promise that they will never have another war like WWII. As the reporter in ths tory says, the euro is a promise that the rest of Europe no longer need fear Germany's strength, that they will use their strength to help everyone.
The EU's still in a pickle right now, but this is at least one spot of hope.