The Eurozone’s efforts to fence in Greece’s debt problems have consistently lagged events. Creditors could lose all confidence in Europe’s ability to fix these problems, creating a self-fulfilling prophecy that leads to a collapse in Europe’s banking system and other parts of the global economy, including US financial markets. Wharton finance professor Franklin Allen and [...]
Eckstein shares view on economic hot spots
Visiting Wharton Professor Zvi Eckstein shares his thoughts about the world’s economic and social hot spots. He is the former deputy governor of the Bank of Israel and, in this video, he talks about what’s in the cards for the European Union. He does offer a few rays of hope.