Watch Chrystia on the Colbert Report

By Peter Rudegeair
September 22, 2011

Amid all the fears surrounding the future of the euro, Chrystia appeared on Stephen Colbert’s show last night to answer what is perhaps the most pressing question in the field of international political economy today: will the upcoming Oktoberfest celebrations in Germany complicate Europe’s rescue package for Greece?

Posted by Peter Rudegeair

3 comments

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Ms. Freeland,

Only in the past few months have I found your op-eds in the HT and find your analysis clear and unbiased. Then I started watching a number of MSNBC programs and found your contributions to the discussions brought such informative and level-headed thinking.

After living abroad for 30 years, it was a rather frustrating adjustment to the over the top ranting that often occurs on TV and online here in the US. But occassionally there will be a contributor like yourself that brings the temperature back to a healthier state for reasonable discussion.

I lived in Asia, and in two European countries and feel that a political union in Europe is possible….Maybe more possible than a political union in the US. In America, it seems that having a common ‘language’ doesn’t necessarily give us any advantage.

Posted by EileenK | Report as abusive

Fantastic job on Colbert last night! I initially was just half heartedly listening to the TV in the background but after hearing your eloquent, well though out explanations and answers I sat down, rewound the DVR, and gave you the full attention you deserved. You truly have a rare gift of both intelligence and personality that is also grounded in reality. If you were to ever pursue a career in politics, you would have my vote. If not, you should probably share your insight on television far more often.

Posted by globalcollapse | Report as abusive

I think your assessment is flawed. You talk about the need for a political union as being needed in Europe but you miss that total lack of democratic institutions at a European Level. All directives that become laws are made in secret committees (comitology) and then get dropped like little bombs on the various countries impacting directly on the economies in those countries. Look at the supplement and herbal medicines directives and the elimination of jobs in those sectors especially in places like England and Italy as well as further increasing the cost of healthcare. It’s mind boggling how stupid it is. Many of these business were forced either to close or move offshore in order to survive. Especially dumb when one is in the middle of a financial crisis and people are looking for work.

Add on to that the level of corruption and most important, the lack of power and choice individuals have in relation to this crisis (save Iceland who because they have a functioning democracy managed to avoid the financial problems of all the countries who bailed out banks and their investors), people rightly feel like they have been fleeced. Centralising even more would be to further compound already what is a serious problem. There are already violent protests taking place all over europe, trying to force them together under a political union will lead to social explosion. What needs to happen is to allow the markets to work (i.e. let the banks fail since most of them are already insolvent with BNP Paribas being the latest example since most of their tier 3 assets are only worth about 30 cents on the euro) as well as allow for all the peripheral countries to leave the Euro and the EU. It would be far better if they agreed on facilitating free trade and free traveel through inter governmental agreements. At present the rest is a lost cause. You cannot have every country running deficits, building up debts, a massive bureaucracy on both a local and european level, massive regulatory structure, corruption on a ridiculous scale at the european level, massive subsidies and little to no democratic institutions all that add up to create this massive crisis and expect that the same thinking which created this problem is somehow going to get europe out of it!?! It’s not credible.

Posted by thurstjo63 | Report as abusive