The Euro Crisis is an incredibly complex and equally alarming as it is confusing. Though I found very little encouraging news in this article, the analogy of Europe having a heart attack did help me understand why Europe is in the dire situation it is in. It is not reassuring to know that Europe is not only where right back where they were a few months ago, but that they are there and without the means to resuscitate themselves like last time. Europe has wasted all the time and money they had. Things are on the breaking point. What worse is the "heart attack" we saw before was due to smaller European Union countries such as Ireland and Greece. The threat of a large, powerful, country's economy collapsing completely seems likely to all but demolish the EU. Satyajit Das, author of Extreme Money, had a lot to say in this article. Then again he predicted this catastrophe back in 2006 so I'd say he deserves a few words. Even still, I would like to read what other economists have to say about this imminent issue. Mr. Das was very clear that there was hope, if Europe can break their unhealthy habits. I hope he's correct, I also hope that Europe has the will power to make the change. Give up their "addiction" to debt-fuelled growth and live within the strict limitations they are setting for themselves. But I have to be careful where I put my hope; this world issues class has taught me to be very careful with it. I'm learning, the hard way, not put it on everything that sounds like good ideas or people with good intention. Europe and I both have some changes to make, if we don't melt-downs are sure to ensue.
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