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
Debt Amount Settlement
Find ways to relief debt and settle for less!
31-Oct-2010
We love to eat your money. . . we are smarter than every human being in the world. So you work hard and give your money to me . This is the big idea. You are the worker and i am the master who give value in your life. Keep to work hard we need more money and more and more . ohh and stop to say “stupid” word . Stupid is your life . PROUD TO BE GREEK.
Yes I’am Greek and i m very proud for that. Yes we have so big debt because we are smart people. Yes you loose your money. . . hahahahaha. Who cares for your money ? I care only my country only the national security of my country. I am ready to die for GREECE. SO KEEP TO BORROW MONEY IN MY COUNTRY BECAUSE WE ARE GREEKS AND AS ANY GREEK WE LOVE TO EAT YOUR MONEY. hahahahahaha fuck you and all other world. 12 Gods bless my country. PROUD TO BE GREEK.
@LordPlucky I am not from Greece(iam from the uk) I lived in Greece, and I can tell you that they are more socailly advanced than some UK or US people ive come across. The Greeks are not spending billions on a fictuous war. They do not have blood on their hands unlike the US. Uk is in debt as well btw
@EffLabels
And as long as they keep pumping Euro backed agricultural subsidies into your country. . . you’ll be fine.
@LordPlucky
If you think that civilization is driving a mercedes, talking with ipod and dancing like a monkey, then, YES i am very proud being Greek.
@LeonGun8 My cat said that you have no idea what you talking about, look for definition of copycat, she added.
@rw5791 Please, I rather be Greek than German at this point. Especially considering Germany is riddled with Turks whom are destroying their so called ‘hig-standard’ of living. That’s what happens when you be-friend killers. BTW Greeks are white you moron, and Greece ironically is now riddled with Germans.
@LordPlucky Dude, I lived in Greece. Far from third-world LOL
Greece a fancy pants country with a fancy pants currency? More like a nigh-third-world country with a artificially inflated propped-up-by-Germany-and-France currency.
@MrDiscrimination Obviously you completely missed the variety of videos they have done. It’s not all current news commentary. Besides, De Franco barely commentates anything meaningful. He’s more of a glorified news reporter who gets half his work done for him.
You know nothing
@ezzalatvia I’d like to learn what means capitalism. After you learn how to string a sentence in a way that is understandable
Dude … Do your homework again….
You have no fu©king idea about Greek debt…
this is such a discriminating video between rich and poor! learn what means capitalism first!
Great explanation, thanks John! While I never REALLy cared all that much why Greece was so shit out of luck, it’s always good to know
@ARR0ULIS
Τι να πει το Αμερικανάκι εκτός από μαλακίες.
Another deFranco copycat . . . don’t like
Asian ladies online #lushfmlk. info#
den katalavenw ti leei o filos stin othoni. . . . . . . alla k mia mpounia sta dontia 8a tou edina aneta.
I’m not sure if I agree with the sentiment that “we need to loan more and more confidently” because that just doesn’t work for me personally on a personal level, but I guess I’d have to get a better global economic platform before I start judging.
To the BookMobile! (internet/library)
@marianna285gr
Either your retarded or in denial. I haven’t figured out what is the case yet. Actually I do not get the “wet kitten” thing because I never acted like one? If you would actually bother and read the whole conversation from the start you might have a clue as to what this is all about. She said that she is 20 years old with a degree which turned out to be an ECDL certficiation and that’s what this is all about.
Capish?
@babouras84 I M NOT TRYING TO DO THAT SMARTY! you don t recognise the fact that you misunderstood some things and then you just didn t admit that and tried to make yourself look like you re right! these werent your intentions from the begining. . when you found out that you were wrong you acted like ”a wet kitten”(:P you know what i mean by saying that. you re greek)
@marianna285gr
Trying to portrait me as the bad guy here isn’t going to work. I said it multiple times. I was trying and did in fact prove that certifications and degrees are two totally different things. No in Greece and in the rest of the world certifications and degrees are two different things. Recognising our mistakes and acknowledging them to others doesn’t make us perfect but it surely does make us more rational rather than talking straight out of our asses.
try speaking slowly??? you know that there are also less “fancy pants” languages trying to speak and listen english. . .
@babouras84 dude. . you need some counseling. you are supposed to be greek. . so u know how things are here. . what has the design certification to do with the fact that she s studying informatics at the university?. . well maybe you haven t been to an A. E. I. so u don t know how things work.
) just know that all these in europe are called degrees. . so you can take your certification and put it into your ass:Dand i really don t know what you re trying to prove by’attacking’her & saying all that shit. . bb:)