Featured Vid #129 – Understanding the Financial Crisis in Greece

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What’s really happening over there in Greece? It’s been all over the news lately; stories with headlines to the like of “Greece Might Exit The Eurozone”. What’s it all about? For a while now we have known that Greece is in a serious debt crisis, but what most of us didn’t know is that it’s gotten so bad Greece might have to perform what is being called the “Grexit” – Greece exiting the Eurozone, and abandoning Euro.

In this very informative and interesting video by John Green, you will learn the exactly why Greece is in the recession-like state that it’s in currently. From it’s entering the Euro in 2001 until now, when they are close to “Grexiting”, Greece have gone through a series of pretty unfortunate events that have lead them to where they are now. It’s an interesting story, and one that currently has no conclusion or ending. A great video by John, on a topic that is not only intriguing but also incredibly relevant.

 

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