A Recent News Article On the BBC Website asked, “What really caused the eurozone crisis”? And the answer appears to be: the Eurozone caused its own crisis. If the Eurozone and the American economy crashes were related, that relationship, apparently, was beyond the scope of the news article.
The question, however, is news worthy and is a tribute to the journalistic search for truth.
The cause of all deadly problems should be sought after. A logical aim should be to solve the problem and do all one can to keep the problem from returning. And Europe has stated its intention to see that the current problem does not return. Europe, unlike America’s neocons and Tea Party, did not exempt the financial industry from inspection.
But one question might early arise. What or who is “The Market”?
“The Market” played a significant role in the author’s search for “What really caused the eurozone crisis”?. But it seemed difficult to “get a handle on” what or who is “the market”.
We all heard the news – early on – of Greece’s leaders talking to America’s financial market. Is America’s financial market a part of “The Market”? Does it matter? If there is a problem, the components of the problem matters – whether those problems be national, regional or international. . And the article was written as if the problem was contained in European markets. Is that the elusive truth the author sought? Is it relevant to the author’s article to define “The Market”? It didn’t seem that way.
Isolating Europe’s financial tribulations from an American influence on those tribulatioins helps set the stage for what is currently happening in Europe. Europe is focusing on the source of its financial problem – America’s neocons and Tea Party are not. Europe wants to heal the wound – America’s neocons wants to put a “band-aid” on it.
The BBC News article can be found here.
Tags: band-aid on the cause, bbc news site, financial industry, problem solving, real solution, what really caused eurozone crisis
