The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( TheStreet) -- The eurozone is currently in a great deal of economic trouble. The Southern European countries, collectively known as PIIGS (Portugal, Italy, Ireland, Greece, and Spain) are having tremendous problems with their fiscal solvency. Even France is teetering at the brink of insolvency. Germany is left as the strongest economy in the eurozone and the country to which all are turning to set European fiscal policy. We interview Gary Becker, Nobel Prize-winning economist at the University of Chicago, to understand some of the political and economic implications of the European financial crisis.
|Gary Becker, Nobel Prize-winning economist at the University of Chicago.|