Ringfencing

"Ringfence" is the latest economic buzzword. Some analysts say we should ring fence troubled nations in Europe, like France, Italy, and Spain. But what does that mean? Marketplace's Paddy Hirsch explains.

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Category:

News & Politics

Tags:

• Eurozone
• economy
• Italy

[TheLivirus]

@TrueLightFinancial Blesphemy! ;)

[TrueLightFinancial]

@TheLivirus easy, his name is Jesus Christ

[skumhesten78]

@vinniecow France is not as bad as the others, but it is getting there. And if either Italy or Spain get worse, they will drag France down too. If that happens then it won't be enough with just one drink.

At the end of the day I think they will have to let ECB buy up bonds directly and then solve the inflation problems that will generate later. I know that this would be a bad solution to the problem, but I think it may be too late to go with the more subtle approches.

[cr1138]

so, just another term for eurobonds?

I also like how you just threw out there that the ECB will support the wolf indefinitely...............I assume by feeding it sheep...

unfriggin real!

[farisallawati]

Thanks a loT.. keep ur amazing videos coming please

[TheLivirus]

I constantly "need a drink" but I don't know why. Can you try reverse-engineer my drinkingproblem and find the cause?

[TheLivirus]

@vinniecow Scandinavia's not ringfenced, especially not Norway.

[vinniecow]

Wait, really, ring fence FRANCE? Italy and Spain I get, but is France bad off as well? If so then Europe is down to what, just Germany and everyone else ring fenced?

Hey if I were a Chinese central banker, I know where I could pick up some sweet, West-Culture laden countries cheap!

[lemmewatchthisshit]

This channel is my single favorite on youtube. Well explained, although brief. I would love to have Paddy go more into technical depth with his explanations.

[ginkang1]

So easy to understand! Thank U.