The European Economic Crisis: Timeline and Impact, Pt. 1

A 10 minute video, well worth watching. Please let video load below.

Dan Daly, the Publisher of The Directors Letter, is joined by Sara Johnson, a Senior Research Director for Global Economics at IHS Global Insight. They discuss the rapidly evolving debt and financial crisis in Europe, including:

•     In what direction is the Eurozone economy headed?
•     Sovereign debt is a major liability. Who holds what?
•     If the majority of the sovereign debt is held by European banks, what is their likely course of action?
•     What is the trickle-down impact on Eurozone companies, as well as on U.S. companies operating there?

Part 1 of a 3 part video series.