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Trade Publication Article
Learning to look after the pennies
2012
Overview
Prepare pupils for our uncertain economic future by exploring debt and explaining the eurozone crisis, says Colin Hynson. Since the start of mass tourism in the 1960s, Greece has made money from its glorious ruins. At a time when government spending was about to be cut, this would have been economically disastrous since our economy depends on our spending money and a large part of that comes from credit and store cards. An economic future based on consumer and government spending, fuelled by a tolerant attitude to debt - a stance that arose in the US and Britain in the late 1980s - may no longer be a viable scenario.
Publisher
TES Global Limited
