PLEDGE NOW
Europe's Debt, Global Crisis?

Greece's Finance Minister George Papaconstantinou addresses the media during a press conference in Athens on Tuesday Feb. 9, 2010. Greece took further steps Tuesday to calm global markets spooked by its debt crisis. (AP)

Post your comments below

Could little Greece and its big debt bring down the world economy? That’s the question in Europe and around the world today. 

On the streets of Athens, they’re protesting new austerity measures. On global trading floors, they’re asking why the Greeks didn’t tighten up a long time ago. 

And not just Greece. There’s a whole tier of Europe in trouble. The acronym is PIIGS: Portugal, Italy, Ireland, Greece, Spain. And the pain travels – including to Wall Street and the USA. 

Could this be the end of Europe?  The end of recovery? 

This hour, On Point: little Greece, and the big crisis in Europe.

Guests:

Gregory Zuckerman, senior writer for The Wall Street Journal. He’s author of “The Greatest Trade Ever: The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History.” 

See the Journal’s continuing Europe coverage, including this interactive timeline of the debt crisis.

John Psaropoulos, Athens correspondent for NPR and founder of the blog The New Athenian.  He’s former editor-in-chief of the Athens News.

Carmen M. Reinhart, director of the Center for International Economics at the University of Maryland and co-author, with Kenneth Rogoff, of “This Time is Different: Eight Centuries of Financial Folly.” She was chief economist and vice president at the investment bank Bear Stearns and spent several years at the International Monetary Fund.

Dominique Moisi, a founder and senior advisor at the French Institute for International Relations. His latest book is “The Geopolitics of Emotion: How Cultures of Fear, Humiliation, and Hope are Reshaping the World.”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Sep 1, 2015
Denali is seen from a window on Air Force One during descent into Anchorage, Alaska on Aug. 31, 2015. (Pete Souza/White House)

The scramble for the Arctic. President Obama’s in Alaska. We’ll look at the stakes.

Sep 1, 2015
Oliver Sacks (Elena Seibert)

Oliver Sacks, celebrated neurologist and best-selling author, has died at 82. We’ll listen back to our remarkable 2013 interview with Oliver Sacks on life and aging.

RECENT
SHOWS
Aug 31, 2015
While the jury still deliberates, former St. Paul's School student Owen Labrie, left, leaves the Merrimack Superior Court at the end of day with security in tow Thursday, Aug. 27, 2015, in Concord, N.H.  Labrie was convicted by a jury of several misdemeanors, but ruled not guilty in the most serious felony sexual assault charges. (AP)

A verdict in the New Hampshire prep school rape trial. And calls for changing sexual assault laws.

 
Aug 31, 2015
A television photographer takes video of a memorial for the two slain journalist in front of the studios of WDBJ-TV7 in Roanoke, Va., Thursday, Aug. 27, 2015. Reporter Alison Parker and cameraman Adam Ward from the station were killed during a live broadcast Wednesday.  (AP)

Lessons from the Roanoke TV shootings. We’ll look at the way forward with the New York Times’ Nick Kristof and other top thinkers.

On Point Blog
On Point Blog
Our Week In The Web: August 28, 2015
Friday, Aug 28, 2015

You say #hashtag, we say, #forwhat? That, plus Usain Bolt and the ominous lurking Segway cameraman. Friday!

More »
Comment
 
Our Week In The Web: August 21, 2015
Friday, Aug 21, 2015

Do you even click? (And other reflections on link sharing and web commenting).

More »
6 Comments
 
Do You Recognize Amazon’s Workplace Culture? Tell Us!
Tuesday, Aug 18, 2015

Do you recognize the workplace conditions described in a recent New York Times piece on Amazon? We want to hear from you!

More »
5 Comments