Strategies for Dealing with Euro Crisis

Dutch male child Comes Up With Pizza-Based Euro Solution by The Associated Press April 3, 2012 From npr.org hypertext transfer protocol://www.npr.org/templates/story/story.php?storyId=149906778 I regularly listen to and read NPR for internationalistic word because, aside from reporting breaking news, they oftentimes crevice unusual perspectives that dig deeper into complex topics and help shed some light on the issues of the world. Such is the case in the following piece regarding the ongoing troubles of the euro. The article struck me because, while news of Europes debt crisis and their beleaguered currency abounds, you dont often see headlines on the topic such as Boy Comes Up With Pizza-Based Solution. While I know its a crucial topic in the world today, I pare to understand the basics of why the European economy is in such shambles, and most of the complexities of the situation are totally muddled on me. Which is why I enjoyed this storys lead, that a Dutch boy has gone where many of the best stinting minds in Europe have feared to tread. It basically acknowledges that while thither are countless opinions and theories regarding a course of action in Europe, an 11-year- grey-headed kid has about as good a guess as anyone.

The story goes that the young boy from the Netherlands, Jurre Hermans, entered an international political economy competition, the Wolfson Economics Prize, whose goal was to find the best contingency conception for a break-up of the euro. The organizers of the competition have moved beyond the arguments for or against the merits of a fully-integrated European economy and see a compel exit by a country from the shared currency, out-of-pocket to dire risk of default, as something between a historical possibility and an inevitability. In a stroke of thats so simple, it just might work, Hermans entry to the contest went like this: Greece could be forced to default on its euro debt and go back to its old currency, the drachma. So Greek citizens bring all their euro to the bank, where the money is... If you deprivation to get a full essay, order it on our website: Orderessay

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