Posted by Jason O on May 30, 2012 in European Union, Fiscal Treaty Referendum 2012, Irish Politics, Jason's Diary |
David McWilliams’s producer, Mary Catherine Brouder, sent me this link to his latest Punk Economics film on the euro crisis. It’s very well put together and is a great example of how to communicate a complex issue in a digestible format. A bit long at nine and a half minutes, but that’s probably unavoidable given the subject matter.
I don’t agree with all the analysis. Like nearly everyone on the No side, he seems to be advocating an enormous game of chicken with Germany with no plan as to how we handle the massive shortfall in cash if they call our bluff. Secondly, his suggestion that the ordinary German in the strasse disagrees with Angela’s refusal to bail out the rest of Europe is, how shall I describe it, novel? That seems to be the other unifying factor on the No side, that Ireland is the only real democracy in Europe.
It’s worth watching. You can see it here.