The Greek Debt Crisis Explained in Four Minutes
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In which John explains the Greek debt crisis, which has pushed the Greek government close to defaulting on its loans, the reasons why the Euro zone and the IMF are desperately trying to bail Greece out, and what the rising cost of sovereign debt means for the massive budget deficits throughout the developed world. Thanks to Karen Kavett at http://www.youtube.com/xperpetualmotion for the illustration. Debt Chart: http://en.wikipedia.org/wiki/File:US_Federal_Debt_as_Percent_of_GDP_by_President.jpg HERE ARE A LOT OF LINKS TO NERDFIGHTASTIC THINGS: Shirts and Stuff: http://dftba.com/artist/30/Vlogbrothers Hank's Music: http://dftba.com/artist/15/Hank-Green John's Books: http://amzn.to/j3LYqo ====================== Hank's Twitter: http://www.twitter.com/hankgreen Hank's Facebook: http://www.facebook.com/hankimon Hank's tumblr: http://edwardspoonhands.tumblr.com John's Twitter: http://www.twitter.com/realjohngreen John's Facebook: http://www.facebook.com/johngreenfans John's tumblr: http://fishingboatproceeds.tumblr.com ====================== Other Channels Crash Course: http://www.youtube.com/crashcourse SciShow: http://www.youtube.com/scishow Gaming: http://www.youtube.com/hankgames VidCon: http://www.youtube.com/vidcon Hank's Channel: http://www.youtube.com/hankschannel Truth or Fail: http://www.youtube.com/truthorfail ====================== Nerdfighteria http://effyeahnerdfighters.com/ http://effyeahnerdfighters.com/nftumblrs http://reddit.com/r/nerdfighters http://nerdfighteria.info/ A Bunny (\(\ ( - -) ((') (')
Comments
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Dude Donald trump is now our president. Even though historically he is the only rich man to ever get poor and then rich again.
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You can't give people sh*tty loans. That is the lesson of this recession.
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LOL at the donald trump thing
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Lol trumps prez now lol
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Donald Trump became the U.S. president by the way.
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Wait a sec. Did Trump even exist 6 years ago?
I mean it was even before the 2012 elections -
Remember back when Donald Trump was just a joke within America rather than a joke at the expense of America
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3:30 Donald Trump Reference. Lots of these in old Vlogbrothers videos. Why is that?
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Well, greek government also paid pensions to people that died over 20 years ago, so theres that... XD
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i used to love germany, i still do but lately they turned to that kind of bully that grabs a younger kid, turns it around and shakes it till the last coin falls
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To everyone who insults Greece in some comments below: Shut up! You
criticise only from the government's mistakes! The half of the words you
use every day come from the Greek language! The democracy was born
here, in Greece! Because Greece don't have plenty of money, that doesn't
mean that it doesn't worth anything. All the shit that is written in
comments are actually criticism to the government but they got more
general and insulted Greece! How would you feel if your county was in
the same situation and people from other countries wrote insulting
things about your country? Would you like that?
We are proud we are Greeks despite the difficulties. We won't let anyone
to insult our beautiful country. If you don't like us, don't listen to
OUR anthem; just go listen to YOUR anthem! Got it? We are Greeks and we
love our country and we don't care what the hell you think for us, just
don't tell us! WE ♡ GREECE! -
The ending is GOLD XD
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dude he "unless". omg that deserves a mogoltauge. But in this case, its different bc its Donald Duck we're talking about, he doesn't deserve one bc he is too stupid to do anything great. Oh the irony, and he expects to make America great again lol.
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a nation of ruins, in ruins
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Germany and trump
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Who's Hank?
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The solution for Greece is probably similar to the solution adopted by Iceland + leave the euro.
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I can explain it in 1 word: MALAKA!
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maybe Trump should be running for president in Greece.
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europe no, the WORLD needs greece
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