nytimes.com
September 23, 2011
Mark Landler and Binyamin Appelbaum
http://www.nytimes.com/2011/09/24/business/us-pressures-europe-to-act-with-force-on-debt-crisis.html?_r=1&hp
Summary-
The Obama administration is becoming very concerned with the debt crisis in Greece, and is attempting to persuade them and them rest of Europe to find a solution. The problem does not seem to be nearing a conclusion, and it is becoming more worrisome. Investors and banks are growing leery of Europe, and if they take their money elsewhere, the problems could worsen. If Europe begins to have financial problems that affect the rest of the world, the American economy may slip into a bad place.
Connection-
The government's foreign policies affect the way Americans go about their lives. In this particular instance, the government's foreign policies may affect whether Americans do business with Europeans, and possibly whether Europe ends up with any financial from America. The entire globe is connected, and if Europe fails to get their finances in order, war with debtors could be a possible future foreign policy.
Government financial policies are among those supported and opposed by people of different political views, as discussed in the political ideology unit. This is the connection to class.
Reflection-
If Europe cannot move quickly enough to fix their problems, America, whether in debt itself or not, will have to help out. If help is not given to Europe, then the entire world will fall into a hole of problems. It seems that the best course of action is to urge countries in Europe to bail out Greece as quickly as possible. If they will not do so, then America should.
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