Capital Account -11/28/11
The Eurozone crisis comes to America's door step, literally. Eu leaders held a summit at the white house today where Barack Obama met with European Council President Herman Van Rompuy and President of the European Commission Jose Manuel Barroso today. For those of you unfamiliar with Herman Van Rompuy, we will be playing a part of our interview with European MEP and leader of UKIP, Nigel Farage, who explains. And as leaders particularly of the western world prescribe austerity with the one thank, the other is busy printing money. Central banks across five continents have reportedly turned to monetary stimulus to avoid a global economic slump, easing interest rates the most since 2009. Joining us to discuss all of this is Edward Harrison, founder and chief contributor to Credit Writedowns, a financial and economic blog.