The financial crisis in Greece has been in the news for a long time now. We all know that Greece’s economy is in a really bad spot. But how did it get there? You may know the basics of the situation (too much debt), but do you know the full story?
The Greek Financial Crisis Simplified
Check out this video for a crash course on how Greece got into this financial crisis. Hopefully, by learning from others’ mistakes we can avoid a similar disaster… or at least recognize the impending SHTF before it happens.
The solution that the Euro zone offered Greece is the same that the Conservatives in America have been offering America since the introduction of Reaganomics. It DOESN’T WORK.