You may have heard about some measures taken by the Euro-countries to stabilize the economy and the Euro. But what has Greece to do with all of that? What is an "emergency parachute"? And how do Eurobonds come into play? explainity tries to shed some light on the issue. By the way: Sorry for the german accent;-)
Many European welfare states have been caught in a downward spiral of taxes, spending, and debt. This mini-documentary from the Center for Freedom and Prosperity Foundation identifies key lessons for policymakers seeking to avoid the inevitable fiscal crisis caused by the welfare state.