Greece Stands Up To Germany In Its Economic Crisis

https://soundcloud.com/trumpethour/greece-stands-up-to-germany-in-its-economic-crisis

Greece is in economic crisis, but this past Sunday it still said no to an international bailout. This puts tremendous pressure on Germany and could change Europe’s future.

Greece is in a profound economic crisis—international creditors offered a deal that would demand serious cutbacks and austerity measures. This past Sunday, the Greeks said they would not accept that deal. What was this really about? Trumpet writer Richard Palmer says it is really about Greece standing up to the Germans. For the last five years, Germany has dominated the eurozone—Der Spiegel called it an “economic Fourth Reich.” But the Greeks have essentially exposed the limits of Germany’s power. This has huge implications for the future of the eurozone, the euro and Europe. We need to watch this situation closely. We’re going to talk to Richard about what we might expect to see in the time ahead.

Trumpet Hour also discusses how U.S. forces are in Iraq trying to help Iraqi forces fight the Islamic State. The U.S. forces are also working alongside Iranians who have killed Americans in the past. What is going on? We’ll talk with Anthony Chibarirwe about this situation.
Next, in Italy, 3.5 million people live near an active volcano—the site of one of the most dramatic disasters in history. In A.D. 79, Mount Vesuvius erupted and buried the people of Pompeii—creating one of the most dramatic archaeological sites ever found. The interesting thing is, about 3.5 million Italians are living in that same area today—and Vesuvius is still an active volcano! We’ll talk with Trumpet writer Robert Morley about a lesson that we can learn from these people living in the shadow of a disaster waiting to happen.