Why the Euro Crisis Is an American Problem Assignment

Why the Euro Crisis Is an Ameri enkindle Problem - Assignment ExampleIt is estimated that the collapse could generate a 25% decrease in Europes gross domestic product (GDP). In effect, the euro crisis would match a Great Depression of the current century, and this would be a threat to the global financial clay (Zuckerman, 2011). According to Frum (2011), if the Euro f everys, bonds leave alone lose value in the European banks. This is because banks in the European region urinate euro-dominated bonds. The bonds will lose value such that the banks will be forced to either seek assist from the government, or put to a stop their lending to individual consumers and/or businesses (Frum, 2011). The fall of the euro will adversely affect other nations like Canada and the coupled States. For one, the financial institutions in Europe may lose their force to repay creditors in the United States. The net effect of the crisis will be more pressure on the financial system of the United Stat es. Yet again, it should be considered that majority of the investors in the United States are from the euro zone , and if the eurozone economies fall, the Americans will have a difficult time raising capital for their businesses and new projects (Frum, 2011). The genesis of the crisis is really clear. Just like the United States, Europe was a victim of over-leveraging. The past decade has seen the European rudimentary Bank overseeing easy credit, cross-border lending, and low interest rates which was instigated by a property boom and the change magnitude of debt in households. The bubble has already burst, and the outcome has been the risk of failure to negotiate currency defaults and a serial of frighteners (Zuckerman, 2011). It is worth noting that the majority of the Americans see the euro crisis as a crisis generated by government debt and government deficits. The same can be true of Greece, but it is not certainly true of France. If the Euro falls, each nation in the Euro pean region will be forced to have its own currency. This means that each nation will have to pay its debt using its own currency and not the euro (Frum, 2011). Europes option to parry the crisis is either to stop using the euro to restore each government to its own currency or to excogitate a single pan-European government to manage the new pan-European currency. Both options are not attractive to the United States. The United States has no option but to either suffer from the first option or contribute in support of the second option. Both options will have a considerable effect on the United States, and thus, the American cannot escape the euro crisis, it is their problem. Question 2 State Based Teaching Incentives to Improve flavor of Education Offered to Public Schools For a long time, the focus of the policymakers has been on improving or enhancing teacher grapheme. In the past few years, most reform efforts or initiatives have included strategies to enhance the overall q uality of teachers and the equitable allotment of teachers within states, districts, and schools. The federal government endorsed an act in 2001in respect of education. The No fry Left Behind Act of 2001 is aimed at ensuring teacher quality and fair dispersal of teachers. The act demands that all states evaluate the allocation of teacher quality, create, and implement plans to enhance teacher quality and assure fair distribution of quality teachers (Fuller, 2010). In the past, local districts have been designing and supporting their individual recruitment programs. This isolated draw close generally develops inequities across the states. This is because