Greece financial crisis reaches new low

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Uploaded by on Jun 15, 2011

http://nma.tv
After Greece joined the EU, the country went on a spending spree financed by cheap debt, which now has come back to haunt it.

S&P recently downgraded Greece's credit rating all the way to "CCC", the lowest for any country in the world.

To pay down the debt, Greece has been selling prime assets such as telecoms, banks, ports and even part of Mykonos.

Still, Greece will likely need another bailout from the European Central Bank. If Greece goes down, financial contagion could spread throughout the EU.

America's debt is rated AAA for now. But with the US' massive debt load, how much longer can this go on?

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  • We don't want your money !!! Greek People didn't ask for them !!! We are proud people and we have proved this many times in the past !! And we are going to do the same now !! Our politicians make our lives every day more and more difficult and we don't want them !! We want people's power and real democracy !! Greek Crisis is not 100% Greek problem !! We want to live our lives free !! We are not guilty for this situation !! We are not LAZY !! We work more ours than the rest of Europeans !!

  • there worse then the usa Financial Crisi

  • @openuniverse2003  Të qifsha robt

  • @messupurpc YOU'RE A LAZY GREEK MAGGOT! LAZY GREEK MAGGOTS ARE LIKE LITTLE CRYBABIES WHO NEED TO HAVE THEIR MOTHERS TURN TRICKS IN ORDER TO PAY THEIR BILLS! LOL! GREEKS ARE THE BIGGEST LOSERS! LOL!

  • @openuniverse2003 Hey lard ass you seem to be an expert on men! Why do you constantly refer to them???? What's the deal? You are not only FAT but you are also a HOMO!!!! Get away from me LARD ASS DRAG QUEEN.

  • @messupurpc In greece the men are lazy maggots who spend all their time sleeping all day long and smelling each others' assholes. LOL! PAY YOUR DEBTS TO YOUR GERMAN MASTERS, LAZY GREEK MAGGOTS! LOL!

  • @openuniverse2003 Blah blah blah of course they're going to GIVE us money they WONT LEND us b/c they know they'll never get it back! They'll ship us those sexy purple euros for us to sustain our Greek way of life, You know wake up at 11 shave, shower bask in the sun for three hours drinking coffee polish down my beemer scratch my balls for the rest of the afternoon.....anyway I'm gonna catch 40 winks and rest my already rested hairy Greek body CYAL8R fatso ZZZZZZZZZzzzzzzzzzZZZZZZZzzzzz­zzzz

  • @messupurpc Thanks for proving to the whole world that greek men are lazy maggots who are irresponsible and are only interested in prancing around and smelling each others' asses. You think you got away with it, the fact of the matter is that the WHOLE WORLD knows that greek men have no honor or integrity, and are tax cheats. Best of luck buying more German sports cars in the future, NO ONE is EVER going to loan you any more money. Greece fucked itself in the ass, and it's proud it did so!

  • @openuniverse2003 Hey it's lard ass how're they hanging? No not your balls your tits? It's me again the tax evading Greek. Pretty smart little fuckers aren't we? We tax evade and drive around in snazzy german 4X4s and you lip dick honest tax paying retards drive around in 1979 fords. Gee you're a real Einstein pal! You're surely not the sharpest tool in the barn but please fill me in on how your way of life is better than mine? P.S. stop watching all those recipe vids YOU'RE FAT!!

  • @messupurpc THE DAILY TELEGRAPH reports "Fast cars and loose fiscal morals: there are more Porsches in Greece than taxpayers declaring 50,000 euro incomes". How can a farming village of lazy greek maggots afford all those German Porsches?? Hint: It rhymes with INCOME TAX EVASION! PAY YOUR DEBT TO YOUR GERMAN MASTERS, LAZY GREEK MAGGOTS!

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