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.kashyap/research/papers/A-Primer-on-the-Greek-Crisis_june29.pdf

The New York Times’ introduction: http://www.nytimes.com/interactive/2015/business/international/greece-debt-crisis-euro.html

History of the European Debt Crisis: https://en.wikipedia.org/wiki/European_debt_crisis

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/freeexchange/2015/07/greeces-economy-under-capital-controls?zid=307&ah=5e80419d1bc9821ebe173f4f0f060a07

And thanks very much to Rosianna: https://www.youtube.com/user/missxrojas for all of her help gathering facts and images. All mistakes, as always, are my own.

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Hank’s tumblr – http://edwardspoonhands.tumblr.com 2016-03-24T03:35:11.000Z Anthony Sandoval

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Understanding the Financial Crisis in Greece