European banks are still burdened by bad debt, despite economic gains

European banks are still burdened by bad debt, despite economic gains

Chris Hart: I think a good perspective of understanding the European banks is to somewhat maybe juxtapose it to how the U.S. banks recapitalized and repositioned themselves after the great financial crisis. The U.S. banks addressed the bad credit issues right out of the box in 2009 and 2010. Make it simple, the European banks

Carlo Martelli speaks about Italian and German debt – SUB ENG

Carlo Martelli speaks about Italian and German debt – SUB ENG

Italy has 2.500 billions dollars public debt and 133,9% debt/GDP ratio. It means that debt exceed GDP for 133,9%. Japan has 9.000 billions dollars public debt and 220% debt/GDP ratio, but in Japan this isn’t considered an issue. What does it mean? They two have a comparable economy, manufacturing with few raw materials. So the

SFI Community Event – 2017 Ulam Lectures: John Geanakoplos on Debt and its Discontents. Part 1

SFI Community Event – 2017 Ulam Lectures: John Geanakoplos on Debt and its Discontents. Part 1

welcome everyone thank you for coming out and they’re sort of chilly autumn evening we might burn John if he doesn’t tell us to rate things if I have a fireplace going so all right so there’s a special lecture it’s a part of a two nights lecture series it’s the annual deulim lecture series

Europe’s Debt: America’s Crisis? – Breaking the Rules

Europe’s Debt: America’s Crisis? – Breaking the Rules

When the sovereign debt crisis exploded, the people of Europe looked to Brussels, the home of the political elite. This was their opportunity to show what they are made of. In 2002, the EU said it had strict rules on debts and deficits. In 2003, they broke those rules. But there was one thing it

Europe Struggles to Craft Debt Solution, Amid Prodding From U.S.

Europe Struggles to Craft Debt Solution, Amid Prodding From U.S.

bjbjLULU JEFFREY BROWN: And joining me now to fill in the picture is Zanny Minton Beddoes, economics editor for The Economist magazine. Welcome back. ZANNY MINTON BEDDOES, The Economist: Nice to be here. JEFFREY BROWN: Now, what is it that Secretary Geithner is asking them to do? What would constitute strong measures at this point?

The True Cost of the Royal Family Explained

The True Cost of the Royal Family Explained

Look. At. That. What a waste. That queen, living it off the government in her castles with her corgis. (and gin) Just how much does this cost to maintain? The answer: 40 million pounds. That’s about 65 pence per person per year of tax money going to the royal family. Sure, It’s still twenty-three pence

Debt Ceiling and Free Trade

Debt Ceiling and Free Trade

palin paul says he’s got a filibuster everything that comes to the senate if he doesn’t get a balanced budget amendment belorus amendment to the united states constitution it says that the government can spend more money than it takes in taxes now most states have these and so the way that they do it

Understanding the Financial Crisis in Greece

Understanding the Financial Crisis in Greece

Good morning Hank, it’s Tuesday. I’m just back from a crazy and beautiful and exhausting trip to Brazil in support of Cidades de Papel, and I will talk more about that later, but for now, I want to talk about Greece. So Hank, as you know, I was the third best economist among all C

Yes or No? Greece Again on the Brink: Greek Debt Crisis (Dispatch 1)

Yes or No? Greece Again on the Brink: Greek Debt Crisis (Dispatch 1)

[Applause] may I see of the numeric to talk shop approach this nest gotta redeem us monogamy – no it was a prob look at obscure Teresa don’t know process deliora see they left and invited Santa Parganas hypocrisy of tea leaves a Samaritan never of bacteria traverse’ I mean abscissa T they’ve spotted on

Europe’s Debt: America’s Crisis – Full Video

Europe’s Debt: America’s Crisis – Full Video

The world economy in crisis. Europe in shock. Riots, mass unemployment, extreme parties on the march. It was not supposed to be this way. After the war, the European Union was built to secure cooperation, prosperity, and peace in Europe. And later, a common currency was introduced, the Euro. It resulted in a long boom,