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
Jul 31, 2015
Former University of Cincinnati police officer Ray Tensing, second from left, appears before Judge Megan Shanahan at Hamilton County Courthouse for his arraignment in the shooting death of motorist Samuel DuBose, Thursday, July 30, 2015, in Cincinnati. Tensing pleaded not guilty to charges of murder and involuntary manslaughter. (AP)

A new police murder charge and a black man dead in Ohio. Iran Deal heat and Huckabee. Malaysia Air. Our weekly news roundtable goes behind the headlines.

Jul 31, 2015
In this undated photo provided by the Wildlife Conservation Research Unit, Cecil the lion rests in Hwange National Park, in Hwange, Zimbabwe. Two Zimbabweans arrested for illegally hunting a lion appeared in court Wednesday, July 29, 2015. (AP)

Canned lion hunts and the fate of big game in Africa, after the outrage over Cecil.

RECENT
SHOWS
Jul 31, 2015
In this undated photo provided by the Wildlife Conservation Research Unit, Cecil the lion rests in Hwange National Park, in Hwange, Zimbabwe. Two Zimbabweans arrested for illegally hunting a lion appeared in court Wednesday, July 29, 2015. (AP)

Canned lion hunts and the fate of big game in Africa, after the outrage over Cecil.

 
Jul 31, 2015
Former University of Cincinnati police officer Ray Tensing, second from left, appears before Judge Megan Shanahan at Hamilton County Courthouse for his arraignment in the shooting death of motorist Samuel DuBose, Thursday, July 30, 2015, in Cincinnati. Tensing pleaded not guilty to charges of murder and involuntary manslaughter. (AP)

A new police murder charge and a black man dead in Ohio. Iran Deal heat and Huckabee. Malaysia Air. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Our Week In The Web: July 31, 2015
Friday, Jul 31, 2015

A regular reminder that RTs are not endorsements, links have specific authorship and patience is a virtue.

More »
1 Comment
 
Q & A: Scott Walker On The Iran Deal, Huckabee Comments
Monday, Jul 27, 2015

Wisconsin Gov. Scott Walker explains his opposition to the Iran Deal, his record of statewide electoral victory and why he feels he’s set to win the 2016 Republican Presidential nomination.

More »
Comment
 
Q & A: Carly Fiorina On Trump, Sexism, And Being Cut From The GOP Debate
Monday, Jul 27, 2015

Republican Presidential Candidate Carly Fiorina, the former CEO of computer giant Hewlett-Packard, joined guest host John Harwood to talk Donald Trump, the upcoming Republican candidate debate and sexism in modern life.

More »
Comment