No cash? We swap! Greeks' creative crisis solution

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Uploaded by on Oct 27, 2011

After a night of tough negotiations European leaders clinched a deal on Thursday, agreeing to have banks take bigger losses on Greece's debts. The plan includes a significant reduction of Greece's debts and a reinforcement of a bailout fund so it can serve as a 1 trillion euros ($1.39 trillion). The move is aimed to prevent larger economies like Italy and Spain from being dragged into the crisis. And whether the EU anti-crisis plan is effective or not, for the austerity-hit Greek people any help appears to be a long way off. Many are finding new ways to survive in hard times, as RT's Sara Firth reports.

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  • The people should create an alternative currency. Let the elite handle the debt problem.

  • @SleepingGiantsSister Bartering is what we do. Money is supposed to represent the value of a dozen of eggs you wanna trade, so that you don't have to walk across the city with your eggs. But some got "creative" and make money out of nothing

    The Argentinians tried (bartering ) when Argentina went belly up. The gov came in and stopped it

    U see? If you exchange your tv for my bike p2p no taxes can be charged. How are the parasites supposed to survive if they don't get money out of our "tv/bike"..?

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  • @Gmmaverick It's time for your medication.

  • TREAT FOREIGNERS LIKE BROTHERS NOT LIKE ANIMALS ITS COMING BACK TO YOU !!!

  • The Greeks will figure it out, they always did,

  • This is genius! It completely removes the bankers and tax collectors. It's us providing genuine service to each other. Great thinking!!

  • Elladara Muuuu!

  • @IronicallyVague a gold-based currency still creates all of the following problems:

    * wage slavery

    * resource depletion and pollution due to cyclical consumption

    * technological unemployment

    * inefficiency and waste due to competition and cyclical consumption

    * low quality of products due to competition and cyclical consumption

    * stress and unhealthy working conditions due to the need for everyone to have a job

    and several others

  • who told you that turks wanna expand? you are still living in the days of the empires. turkey just wants peace and growth. and do not forget, it was greece who attacked in 1921, and the cyprus who attacked cypriot turks in 1974 and turkey was then forced to defend them.

    this is your problem, seeing turks as a potential threat.

    you have to change your thinking model, and begin seeing turks and others as trade partners rather than people you can hate and exercise your extreme nationalism.

  • @tretretre647 if turks want half of the agean sea does it mean we should cooperate with them? the fact that greece is in a bad economic situation doesn't mean other countries can take advantage of it

  • @TheTrollTime sure fail when sabotaged..

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