Europe at the Brink

Europe at the Brink

24 minutes 4.13/10 based on 16 votes

Europe at the Brink is a 2012 short documentary that was produced by the Wall Street Journal. They look at the origins of Europe’s current economic cris, including countries such as Greece. If you want to know more about what’s happening: this is a quick and thorough primer!

This documentary is 23 minutes long. Produced by the Wall Street Journal.

WSJ’s editors and journalists trace the events that lead to the current crisis in Europe.  It also looks at how the crisis has spread across Europe and has spilled out into Asia, Africa, and North America.  With the luxury of hindsight, it is depressingly clear what steps could have greatly helped to avoid the current economic problems in the world.
Greece is receiving a lot of the media’s attention: the country is essentially bankrupt and a once mighty superpower finds itself struggling to afford basic services. It is very sad, but Greece is certainly not the only country to blame for the situation. This will shed some light on the situation and make you sound very knowledgeable at your next dinner party.

 

 


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4.13/10 (16 votes)
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Discuss This Documentary

14 responses to “Europe at the Brink”

  1. Cam says:

    no full-screen option? :'(

    • lacroix says:

      seems to be the url of the video player playing video

      s.wsj.net/media/swf/main.swf?videoGUID={AF34C290-FBD3-44A9-AFA9-10E2AB7A8BFA}&playerid=1000&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false

      seems to be the real location of the video

      rtmpt://wsj.fcod.llnwd.net/a1318/o28/video

      • Cam says:

        Thanks!

      • Cam says:

        wait…those thinks don’t work! the first one takes me to a video but it’s only 0:00 long, and the second one doesn’t work at all (it takes me to a google search with other WSJ videos)

        • lacroix says:

          I know the video on this page does not seem work for me (I wonder why it works for you) but this is the information I got from the embed link.
          the second link is for the raw rtmp stream this would require authentication(of sorts) this link is more likely to work but I did not see any info sent to the server (i may have missed it but they were all GET requests) so I can only assume the video doesn’t even exist.
          unless you want to show me how the embed code(the button that say embed and post somewhere like pastebin and link back here) from a functioning video differs from what I read there is not mach i can do

        • lacroix says:

          also this documentary is on wall street journals youtube channel

          youtube.com/watch?v=0FxFvQ_NJ3E

          • Cam says:

            Thanks lacroix! The YouTube link worked…although I can assure you, the video does exist. I don’t know why it doesn’t work for you, but I was able to watch it on this page. It just had no full-screen option. Anyways, I really appreciate the help.

  2. christian says:

    Thanks for upload.

    Glad I live in Norway, we are with europe but not part of it.

    If the EU finally gets it act together and centralize economic power in a central bank with the sole purpose of price stability contra employment, and let the individual states decide the best way to frame growth within the guidelines of a central bank then I would love to see Norway part of EU.

    But I predict a central bank will be established, but with the purpose of public employment aka Keynsianism contra Friedman. This will send EU into an abyss of debt much more worse than anything thats happening in the US today.

    • Ben says:

      Maybe I misunderstood your post, but it gives me the impression that you think there is no European central bank and that Europe has no centralised fiscal policies? if that is the case you are misinformed. Also Keynesian economic policies; definitely not part of the prerogative of the ECB, look at the laundry lists of economic reforms that have been pushed on Greece and to a lesser degree Spain, Far more up Friedmans alley than Keynse’s. Though you’re right about the whole disastrous effects on the economy aspect, the Friedmanian reforms in Greece are definitely having disastrous effects.

    • awful_truth says:

      A much better response than what I read from you regarding the ‘power principle’ documentary. (I would have never guessed you were from Norway) I hope neither of our countries are foolish enough to adopt plutocracy style economics any further than we already have. (I’m Canadian) Perhaps we both already won the lottery being born where, and when we were. Live long, and prosper!

  3. irishchavez says:

    There is a hint of fear mongering in this video, they’re saying that an ununified europe will lead to war somehow. This is false, throughout history it is shown that the centralisation of power is far more dangerous than having indepent states that respect each others soverignty and economic culture. For me The European Union along with the Euro currency has been hugely damaging.

  4. Nichola says:

    The Euro Zone was created by the American government, which advised the UK not to join. Also, advising Germany to join, as if they did, then Germany would gain. The American government, looked at the map of Europe, and planned out which countries they would take down and control firstly. Those countries, were Greece, Italy, Spain, and France. Ireland also, on a request from the UK. Germany is not included. As who would ever think of The U.S.A , and Germany as being Allies .

    • Steve Hopkins says:

      If I’m not mistaken, this evolved from World Wars I and II, whereby the USA (which I am a citizen of) paid billions of dollars to prop up Europe, so that no Third World War could erupt. Yes, it is true we advised the UK not to join, as it was devastated after the Second World War, which essentially nearly bankrupted their economy, and we built Germany back from its oblivion (so that its World War I rise would not support another dictator like Hitler). The EU was (and still is) an experiment for world peace, as you and I are too young (thankfully) to remember how harsh world wars can be (even without nuclear weapons). There was a trickle-down effect from the greedy junk bond market in the USA, but our citizens (myself included) suffered with losses from our savings, housing and employment. We are (whether you like it or not) a global economy, and the US Dollar/Euro/Yen/Yuan markets should continue.

  5. “Plus quam humana mens intelligere potest omnia”

    as Mossie often tries to convince me

    http://www.mosaherne.wordpress.com

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