The European Debt Crisis
At dinner tables, around water coolers, and in political debates around the country, many are confused about what capital markets do and if they matter to Main Street. Many in Washington, D.C. question the value of capital markets. Third Way's Capital Markets 101 sessions were launched to help answer many of the questions surrounding what capital markets do in order to have a more nuanced, thoughtful policy debate, and help policymakers understand the value capital markets provide to all Americans.
On July 13th, Third Way hosted Peter Fischer, Minister of Economic Affairs at the Embassy of the Federal Republic of Germany, on “Where’s Europe Headed.” Mr. Fischer is responsible for a broad spectrum of issues including economics, finance, industry, trade, and investment at the German Embassy. This session was a rare opportunity to get the inside perspective with Mr. Fischer, a career German diplomat with an unparalleled background in economics and global policy issues.
Mr. Fischer discussed the German perspective on the European debt crisis and the implications for the global marketplace. Mr. Fischer’s unique perspective allowed him to provide an exclusive look into the European debate.