Jin's Summary and Homework

Germany and euro
Let the Greek ruin themselves

When euro became currency of 11 European countries in January 1999, members of euro erea said they were not already, because the high debt and deficit.

Greece was facing a serious deficit problem which scared other high-debt countries. If the euro organisation wants to defy the euro's founding treaty, euro will stay in pain.However,Germany, the biggest economy and borrower, was quite reluctant to give help hand.

Many individuals and organisations in Germany were against to the rescue,such as FDP,CDU.
A welfare system named Hartz IV seems costly, and because of this system, the age of retirement of Greek would be 63.

Greece was forced to have a new aim that to cut the deficit which equals 8.7% of its GDP by 2010.This harsh plan was expected to threaten speculators.

Germany made an important role in euro's trade and currency, this rescue might offend it as Germany had said it would never pay for other countries' management choas.

The prospective was unclear,some experts suggested that Germany could do the long-term assistance by stimulating the domestic comsumption.

Reference:
Let the Greeks ruin themselves,The Economist, Feb 18th 2010



Introduction

Nowadays, more and more people have realized that pressure is a necessary element for a society to advance. However, a few people still argue that pressure shouldn’t be a necessary effect of a society. This essay will discuss the link between pressure and society advance, and show that pressure definitely could accelarate the pace of social advance.

Pressure is made up of different kinds of negative impacts on a society. It can be divided into various aspects, for example increasing demand of people in a society could be seen as a kind of pressure. All the different kinds of pressure together affect on a society, accelerate it or even destroy it. While sociologists were trying to find the correlation between pressure and society, this issue has derived a few debates in these years, such as a wide-range debate about human right which is attributable to the one-child policy in China and a few countries.

Reference:
Marian Wilkinson, Environment Editor, Population pressure takes Earth to its limits, October 26, 2007
Lih-Rong Wang, Asian Social Quality Indicators: What is Unique?, Development And Society Volume 38 no. 2 December 2009, 297-337
Scarce Resources, Finance and Economics, October 09, 2003 at 03:37 AM