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European debt crisis

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › European debt crisis

  • This topic has 4 replies, 3 voices, and was last updated 12 years ago by John Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • June 10, 2012 at 11:38 am #53290
    nonoacca
    Member
    • Topics: 5
    • Replies: 12
    • ☆

    dear sir,i don’t understand what the artical in acca student accounting saying…what should i do??
    i felt i am so confused about this issue

    June 11, 2012 at 8:50 am #99902
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54659
    • ☆☆☆☆☆

    It is difficult to summarise the article briefly on here – it is actually written quite well.

    However, it is by no means certain to be asked this time – the article was not written by the examiner. Also, if it is asked then it will be one of the 3 choice questions, and so you will not be forced to answer it 🙂

    November 13, 2012 at 8:36 am #99904
    dazhong0703
    Member
    • Topics: 44
    • Replies: 130
    • ☆☆

    Even if there is a choice, it might be time pressous to do four computation questions, and there may be one very difficult to do. So, tutor, could you generally explain how to handle this topic, pls? Thank you.

    November 13, 2012 at 3:01 pm #99905
    dazhong0703
    Member
    • Topics: 44
    • Replies: 130
    • ☆☆

    Do euro crisis and US crisis have the same root cause – default on securisation? Last sitting securisation came out, how about this sitting?

    November 13, 2012 at 8:22 pm #99906
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54659
    • ☆☆☆☆☆

    I am not sure that I agree so much about the time pressure with regard to the choice questions, but I certainly do agree that one of the computational questions is certainly likely to be difficult.

    The problem with the written question is that it is a question that you cannot really learn for – there are so many things he can ask, and they it is rarely on a ‘learning’ topic.

    My advice is to read generally as much as possible (the Economist is a good magazine to read – especially the Burtonwood column). If the written question is something you feel that you can write something intelligent about then it is one to go for – they always mark it more easily than the other questions because fewer people attempt it.

    With regard to the euro crisis and the US crisis, you are write about the underlying cause being the level of private borrowing. However other factors have exacerbated it. You can find a very good short article on the causes on the following page: https://www.bbc.co.uk/news/business-16290598
    (Click on the ’causes’ tab)

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