Why Is Greece in Such Bad Debt?

Subscribe! http://bitly.com/1iLOHml

With about $400 billion in debt and a broken economy, Greece is in trouble. But, how did Greece end up with such a high debt, and who do they owe money to?

Learn More:

Greece’s Debt Due: What Greece Owes When
http://graphics.wsj.com/greece-debt-timeline/
“Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash.”

Explaining the Greek Debt Crisis
http://www.nytimes.com/2015/04/09/business/international/explaining-the-greek-debt-crisis.html
“Greece, the weak link in the eurozone, is struggling to pay its debt as its people and its creditors grow more restive.”

Greek debts: what does it owe? When will the money run out?
http://www.theguardian.com/business/2015/apr/24/greek-debts-what-does-it-owe-when-will-the-money-run-out
“Crunch talks between Greece and its eurozone creditors are under way, but investors are growing increasingly sceptical that the country can reach an agreement on reforms and unlock the aid it needs from international lenders to avoid a debt default.”

Greek debt crisis: Who has most to lose?
http://money.cnn.com/2015/01/28/investing/greek-debt-who-has-most-to-lose/
“Greece and its international lenders have embarked on a battle over the country’s staggering debt.”

Watch More:
What Happens If A Country Goes Bankrupt?

Subscribe to TestTube Daily!
http://bitly.com/1iLOHml
_________________________

TestTube’s new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubedailyshow/

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq

Special thanks to Lissette Padilla for hosting TestTube!
Check Lissette out on Twitter:https://twitter.com/lizzette

Comments

comments