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The Greek Debt Crisis Explained in Four Minutes


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 www.youtube.com for the illustration. Debt Chart: en.wikipedia.org
Video Rating: 4 / 5

  • TheProudenglish posted: 25 Feb at 10:46 am

    @kokotselos you fucking greeks pay your debts or we will take your islands coz you owe us lots of money which you will not be able to pay it back your government crap they spend all the money they have paying pensions to albanians in southern albania in order for them to declare them selfs as fake greeks but one think you have to know you somalians of europe you cant by nationality with money, your country is gone deep in shit and your leaders dont care about the people, PAY THE MONEY BACK BITCH

  • pariszaverdinos posted: 25 Feb at 11:29 am

    Malakas!

  • 1488Anton posted: 25 Feb at 11:56 am

    The problem with Greece is that it is a country built on corruption. Everyone steals in one way or another.

  • RadespotosR posted: 25 Feb at 12:22 pm

    @greeceshit
    yes I am so poor that with a coca cola I fuck 2 of your reach girls when they come for vacation on foot to Greece hahahahahahahahaha
    you are realy funny bro do you have more of these to say?
    and why do we fuck ass? because this is what we could always see when we fighted till now as you were running away hahahahaha

  • imgone54321 posted: 25 Feb at 12:33 pm

    I COULD NOT HAVE SAID IT BETTER.

  • badsign1980 posted: 25 Feb at 1:25 pm

    THERES ONLY ONE THING HE FORGOT TO SAYIN THIS VIDEO, NEVER IN THE HISTORY OF THE PLANET DID ONE COUNTRY PAY ANOTHER THEIR DEBT, EVERY COUNTRY WILL DEFAULT ON THEIR DEBT, SO WILL THE USA AND THE UK, BUT THE WALL STREET CROOKS WANT TO CRUSH THE SMALL COUNTRIES INSIDE THE EUROZONE LIKE GREECE AND PORTUGAL AND THEIR ECONOMIES TO MAKE A BUCK OUT OF THEIR DEFAULT SWAPS… (ONLY FOR LARGE INSTITUITIONS) WITCH ARE GAMBLING CASINOS AND NOT ACTUAL FINANCIAL HOUSES, WITH THEIR FONNY RATING AGENCIES

  • badsign1980 posted: 25 Feb at 1:49 pm

    greek politiciamns have more money then rothschilds… yeah sure i believe you, they are behind the nwo and control the banks and the world but they went to do politics in greece… makes sense

  • John87878787 posted: 25 Feb at 2:19 pm

    Greece must go out of “euro zone” We should return to our national value Drachmes! And stabilize our economic ourself

  • nabo785 posted: 25 Feb at 2:54 pm

    Can this gay boy explain the reason why I am pure? I don’t think so. There are deeper reasons for greek economicall crisis which I am not supposed to explain from Youtube because I don’t expect from idiots to understand me. If you want to explain global economical crisis just ask Rockfeller, Soros and all the other Bildeberg Group’s boys.

  • MrDobbyRocks posted: 25 Feb at 3:43 pm

    Raising taxes during a rescission is bad, can someone let the English Government know please?

  • j23fhg2m posted: 25 Feb at 4:36 pm

    Greece got the worst politicals EVAR!! They got 600.000.000.000 euro for themselves in Swiss banks. Believe it or not.

  • j23fhg2m posted: 25 Feb at 4:55 pm

    @run4life2 Take it easy American…

  • tasosvogi posted: 25 Feb at 5:26 pm

    @run4life2 Before your lessons try to find who is your realy father, maybe he is living in a Greek island …so be more careful when you talking,and maybe USA is a country but we are a Nation MALAKA! that you never see this in your country and if this dark little dot dint exist maybe now you were living in a cave as your ancestors

  • BlueFireTrooper posted: 25 Feb at 5:46 pm

    Explained it better than by lecturer. Lol.

  • IACTHU posted: 25 Feb at 6:23 pm

    @run4life2 And your “argument” is..

  • run4life2 posted: 25 Feb at 6:39 pm

    1.) go to the statistics of this video
    2.) look at the countries this video is most popular with
    3.) see that dark little dot in Europe? yeah thats greece
    3.) now look at the U.S….
    stfu greeks

  • theseventhson95 posted: 25 Feb at 6:48 pm

    ass holes !

  • moufasfoumas posted: 25 Feb at 6:58 pm

    fuck E.U… FUCK NATO FUCK USA. FUCK CAPITALISM.. THE PEOPLE HAVE NO DEBT.. THE FUCKING POLITICAL SYSTEM IS A VAMPIRE.. DRINKING PEOPLE’S BLOOD.. I DONT PAY ANYTHING MOTHERFUCKERS.. I WILL PROMISE YOU A GREAT DEATH IN PEOPLE’S REVOLUTION.. IN THE FIGHT UNITED AND NOONE BE ABSENT.. TAKE OUR BLOOD BACK.. THEY HAD PLANTED TERROR,POORNESS AND DEATH AND THEY WILL TAKE BACK PEOPLE’S ANGER!! REVOLUTION IS THE SOLUTION!! AEEEEEEEERAAAAAAAAAAAAAA!!

  • moufasfoumas posted: 25 Feb at 7:39 pm

    fuck u!! from greece.. talk slower motherfucker… mpla mpla mpla. ai gamhs

  • Snagret posted: 25 Feb at 8:35 pm

    John, if you say “Fancy Pants Countries” one more time… I probably won’t do anything. But I’ll think about doing something. Oh, how I will think about it…

  • Ebdan88 posted: 25 Feb at 9:18 pm

    What are you talking about!!? who do you work for!? today only people who dont use their brains doesnt know what these money’s!! the money is a pice of paper, they force country’s for take them, so that they can own you!!? are you a Greek or are you a stupet g!! Do you want your people fri or do you want them in Chain!!? Please Research some more before you inform others, specially people who dont use their brains!! ?/watch?v=eJYBJSmxNik

  • SirGeorge8600 posted: 25 Feb at 9:49 pm

    @l0v3ly0c3an Look at the fucking hypocrite speak again, you don’t think your last comment filled with racism was visible? How dumb are you?

  • SirGeorge8600 posted: 25 Feb at 10:03 pm

    @l0v3ly0c3an Shut up you retarded albanian hater, everything you wrote is utter bullshit.

  • Ebdan88 posted: 25 Feb at 10:24 pm

    BS!! just think that there are people who dont research for them selfs and believe in people like this guy!!? BS!!
    Why dont you talk about that many country’s didnt wanted the Blady loans, and they were force to it!!? because Corrupt polotishens have weaknesses!!
    People are learning. Very, very slowlly but they are learning, and as most know TIME IS ALWAYS WITH THE PEOPLE, just if they start thinking and acting wisely, maybe that is why there are so many poisen sheet in our air, food and water

  • LowInertia posted: 25 Feb at 11:24 pm

    @unfukkkmee XAXAXAXAXAXAXA!

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