The European Debt Crisis Visualized Bloomberg Business

At the heart of the European debt crisis is the euro, the currency that ties together 18 countries in an intimate manner. So when one country teeters on the brink of financial collapse, the entire continent is at risk. How did such a flawed system come to be? Bloomberg Television and Jonathan Jarvis present “The European Debt Crisis Visualized.
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The EU Financial Crisis is an extremely complicated crisis to fully understand but its impact on Europe has been stark. Here I attempt to explain the EU’s financial crisis in the most simple way possible.

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17 thoughts on “The European Debt Crisis Visualized Bloomberg Business

  1. This is about to kick off again, only now with inflation on the rise they can't just print their way out of it.

  2. This is sooo simplistic. Spain and Ireland were running budget surpluses before the crisis. Germany's spending ballooned in the late 90s and ran massive deficits until 2007. Fiscal policy was just one small piece of the puzzle.

  3. This is such a beautifully put together video. So easy to understand a complex issue like this

  4. the people who gets pissed off at the cultural differences bit are probably exactly the ones who lacks discipline and desires an easy life

  5. May be Bloomberg should be more careful when referring to cultural differences in away that promotes and perpetuates stereotypes. Very disappointing!

  6. Bad video. It doesn’t show the situation those countries got into as soon they were controlled by the EU central bank in Germany. Those countries were doing well on their own because they could control their own currency. They could be competitive by making their currency cheaper. Now they need to compete against Germany without having control over their currency. The result is their economies are destroyed step by step, unemployment will stay huge and they will lose all their high skilled workers to Germany because of freedom of movement. The only country benefitting from the Euro was actually Germany. There are countries in eastern europe as well that almost don’t have a working population anymore. There the low skilled left as well. They all are used as cheap workers in northern europe under inhumane conditions. They are actually the ones that are doing the tough jobs for those ‘hardworking Germans’.

  7. Jonothan Jarvis is a creative design genius I'm so inspired by his work

  8. I wished I could set down every congressman and force them to watch this video

  9. the content is good but the backing track is too loud, which is a bit distracted

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