Euro Zone Problem News Today

Look at the history, 1930s, germanys on the hook, we all know the story, huge unemployment, they are printing money in germany to pay off world war i. >> sure. >> finally, they are like, listen, you know that whole raischmark thing? forget it going deutschmark. it is a unique road and impossible to suggest is in our future. at the same thing, do we not learn anything when we look at how this was resolved 50 years ago. >> 50 years ago. >> marshall plan. you had to cancel debt. german any needed d...

political turmoil brings economic hardship in syria. we speak to the people who are feeling the pain. >> and the captain of the capsized cruise ship in italy reportedly says that he abandoned ship after tripping and falling into a life boat. first up, though, the imf says it needs more money to safeguard the euro zone and the wider global economy. but in order to keep a large chunk of the developed world affront, it seems as though developing world countries will be footing much of t...

>> and what he says now about the intelligence that sent this country to war in iraq. >> the chemical weapons presence, the nuclear program and the biological program was wrong. thats the summation of it. it was wrong. >> colin powell for the hour. this is "piers morgan tonight." >> for many americans colin powell is still the face of the modern military, retired four-star general, the first and only african-american to serve on the join chiefs of staff and to secretary of state to geo...

Normal after a big debt bubble to have a slow economy during a period of deleveraging. the other problem is if you think back to what happened in 2008 when the financial markets went into free-fall on the back of the lehman brothers shock, that caused a really nasty hit to the global economy, because many businesses panicked and credit was squeezed. now the risk were seeing right now is something similar, could potentially play out later this year. the good news is that actually, the direct expo...