NHK's global debate programme "Project WISDOM"
Episode 2 (Broadcast scheduled for Saturday, 31 July 2010)
Topic: "A financial crisis out of control: How will the world respond?"
With a huge fiscal deficit, Greece has been hit by a default on national bonds. There is every sign that sovereign risk will spread to other Eurozone countries, and through the rest of the world. How should we confront a global financial crisis that seem to be out of control?