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Understanding the Financial Crisis in Greece

In which John Green discusses the history of Greece's deficit and debt problems, the challenges of adopting the Euro and living with the Eurozone's monetary policy, and the possibility of the so-called Grexit--a Greek exit from the Euro. Sources for this video: Anil Kashyap's Primer on the Greek Crisis: http://faculty.chicagobooth.edu/anil.... The New York Times' introduction: http://www.nytimes.com/interactive/20... History of the European Debt Crisis: https://en.wikipedia.org/wiki/Europea... The Economist's excellent coverage of Greece, bailouts, debt woes, and how the banking system works now: http://www.economist.com/topics/greece and especially http://www.economist.com/blogs/freeex... And thanks very much to Rosianna:    / missxrojas   for all of her help gathering facts and images. All mistakes, as always, are my own. ---- Subscribe to our newsletter! http://nerdfighteria.com/newsletter/ And join the community at http://nerdfighteria.com http://effyeahnerdfighters.com Help transcribe videos - http://nerdfighteria.info John's twitter -   / johngreen   John's tumblr -   / fishingboatproceeds   Hank's twitter -   / hankgreen   Hank's tumblr -   / edwardspoonhands