What Happens If A Country Goes Bankrupt?
Economy | Information | History | Online | Facts | World | Global | Money
Subscribe! http://bitly.com/1iLOHml Many countries have been almost or completely bankrupt in recent history with Greece now on the brink of bankruptcy. So, what happens when countries go bankrupt? Learn More: Syriza’s historic win puts Greece on collision course with Europe http://www.theguardian.com/world/2015/jan/25/syriza-historic-win-greece-european-union-austerity “European politics has been plunged into a volatile new era following a historic victory in Greece’s general election by far-left radicals committed to ending years of austerity.” Seized Argentinian sailing ship leaves Ghana http://www.theguardian.com/world/2012/dec/20/argentina-sailing-ship-ghana-release “An Argentinian navy ship detained for 10 weeks in Ghana because of a dispute with a US-based "vulture fund" has finally set sail from west Africa.” Iceland's Stabilized Economy Is A Surprising Success Story http://www.forbes.com/sites/traceygreenstein/2013/02/20/icelands-stabilized-economy-is-a-surprising-success-story/ “Faced with the possibility of financial failure, Iceland had to think on its feet. Instead of bailing out banks USA-style, the country forgave mortgage debt for the population – and completely started over from square one.” Watch More: What Do the UN and NATO Actually Do? https://www.youtube.com/watch?v=S6qWzFqs8iE Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special Thanks to Matt Lieberman for hosting TestTube! Check Matt out on Twitter: https://twitter.com/mattlieberman
Comments
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It looks like he is wearing a bath robe...
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I'm Irish and Ireland is not that bad Ireland's low tax rates will make fix the economy
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worthless video will just waste your time.
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greeks have sold ports,,electicity,,and soon airports to chinese..
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what is the soundtrack you are using ?
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what happened to this guy. has he quit seeker daily
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i hope pakistan doesn't go bankrupt
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Court battles sounds expensive for a country that just went bankrupt. They should switch over to rap battle..
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I went to Spain about a year ago and I was surprised at how many abandoned newly built houses and buildings there were. I walked through one of the towns in a non-touristy part and it was just empty, most of the local shops and a market had wooden boards against their windows and there were no locals outside either and this was during the day, around 4-5pm. I thought I walked into a Ghost town. It was really an eye-opener to how bad their financial crisis was.
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Can I have all the girls I want?
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The only way a country can go bankrupt is if the people running it fell asleep behind the wheel
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How powerful is Florida? My 29th petition
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Stupid video
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This what I love about the comment section not the need to waste 3 minutes of my life when some of the comments pretty much answered the question!
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I am Greek and proud. WE invented democracy, now all Europe has democracy. So what if there is some money Greece needs to pay? I work 6 hours a day. I work very hard. Europe needs to thank us for democracy and stop treating us so harshly. I think we need thank you for democracy, not stupid videos like this.
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for the US, the next bankruptcy will accomplish the following, all property in the United States will be seized as collateral for the debt of the United States including all natural resources all real property real estate all consumable goods. and the people of the United States the citizens will become indentured to the international bankers for however long it takes to repay the loan.
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So what is the answer?
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What if the whole world goes bankrupt???How will we survive?
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All countries bankrupt is fake. As long as there is ppl there who need to eat and drink - thats impossible to happened.
Its trick used by western nations and the world bank to claim whats not theirs - YOUR COUNTRY. With all the natural and human resouces init ... FACT. -
You know why greece has a bad economy because it hasn't been greet.
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