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The euro sovereign debt crisis

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Published on Aug 21, 2011

Watch the full 42-minute video at http://www.goldmoney.com/rickards-tur.... James G. Rickards (http://www.tangentcapital.com) and James Turk, Director of the GoldMoney Foundation, talk about the European sovereign debt crisis and the European Central Bank's decision to buy Italian bonds. They criticise the short-term mentality of European politicians, putting out one fire after the other reactively with no real plan. They talk about the concept of supranational European integration, and how the common currency has always been more of a political than an economic project.

This interview was recorded on August 4 2011 in London.

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