Uploaded by thefrockdoctrine
December 11, 2011
See Episode 1: http://www.forbiddenknowledgetv.com/page/6094.html
In the second of two programs, Robert Peston asks how Britain can compete in the new world economic order. After years of living beyond its means, the country surely needs to wean itself off rampant consumerism – but doing so threatens its retail-dependent economy.
From the BBC series on what went wrong with the economies and finances of the West. The case of the Greek economy is looked at in detail.
With the Eurozone crisis still threatening further financial Armageddon, Peston asks whether we are in for decades, rather than years, of sluggish growth. In part 1, Robert Peston was soft on the banks – now addressed, in this episode.