The root of Italy's problems

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Uploaded by on Nov 11, 2011

Italy has carried a heavy debt for many years. So why is it stumbling now? Marketplace senior editor Paddy Hirsch explains.

More stories at marketplace.org/​whiteboard

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News & Politics

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Top Comments

  • Thank you Mr Hirsch, you explain it without any agenda and you are easy to understand. We all need this education, and keep making these videos. Otherwise we will be forced to learn from headlines, and you know how wrong that is.

  • How are you going to get that drink with zero credit?

    Time for competing currencies; Win for Free Market, Loss for State coercion!

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  • Awesome!!

  • marketplace videos is turning me into an alcoholic

  • nicely explained , kudos

  • 3mins+56secs..... more like 3 hours 56 mins and still cant describe all thats wrong with Italy !

  • Italy is a Great Country. i Think Them Will Rise Again.

  • @Airgutter87

    the problem is that we don't have our money so we keep borrowing money from the ECB wich is e Bank of no state.We can not print money so we have to bay Euros at the market.

    Google new economic prespecrives prof L.Randall Wray of university of Missouri Kansas City it explain deeper into ditails the europian situation. it calles Modern Money. Theory. Bye from Italy.

  • @tellyontellyon DEAD. AIDS of course.

  • Love your videos paddy! easy to understand! Keep em coming

  • Where is Marx when you need him.... ?

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