Keen & Werner on escalation of Europe’s Greece crisis
Greek Finance Minister Yanis Varoufakis told Italian state television that if Greece is forced out of the eurozone, other countries will inevitably follow and the currency bloc will collapse. Erin weighs in. Steve Keen, head of the School of Economics, History, and Politics at Kingston University, tells us if he’s optimistic about the Troika and Greece overcoming their differences. Richard Werner of the Centre for Banking, Finance and Sustainable Development at the University of Southampton, talks about the Federal Reserve’s quantitative easing and gives us his take on wage growth and household debt levels. And in The Big Deal, Erin and Edward Harrison discuss India, which is now poised to grow 7.4 percent according to government projections.
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