Is Italy's Economy Too Big to Fail, but Too Big to Bail Out?

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berlusconi.jpgWhen it comes to the troubled economies of the Euro Zone, "contagion" is what economists, bankers, traders and political leaders fear most. Now the focus has shifted from Greece to Italy. Greece at least appears to be getting its economic act together, but Berlusconi's Italy is another matter. We hear about the billionaire Prime Minister who's promising to resign, and what Italy's potential bankruptcy could mean for the rest of the world.

Credits

Guests:
Rachel Donadio - reporter at The Atlantic covering politics and culture across Europe - @racheldonadio, Beppe Severgnini - Corriere della Sera - @beppesevergnini, Daniel Gros - Centre for European Policy Studies, Greg Ip - Economist magaqzine - @greg_ip

Host:
Warren Olney

Producers:
Christian Bordal, Sonya Geis, Katie Cooper