The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
December 3rd, 2010
Episode 330 of 929 episodes
Europe is borrowing money to bail out countries that got in trouble by borrowing too much money. On today's Planet Money, Satyajit Das explains that European countries aren't actually putting their own money into that trillion-dollar bailout fund. Instead, the fund will borrow from investors around the world -- the same investors who are growing wary of lending to a bunch of countries in Europe.