The Dig: Europe w/ Anton Jäger & Dominik Leusder
Jacobin Radio
00:00
The Eurozone Crisis - A Crisis of Sovereign Debt?
The Eurozone crisis is a pivotal moment in Europe's history head on. The standard conception of Europe's problems as a sovereign debt crisis reflects this position, says Dominic Raab. He asks why did the Troika remain so attached to their brand of fiscal discipline? And what were the consequences of those decisions across Europe?Raab: This was not a crisis of sovereign debts, it was a crisis of private debts.
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