European Crisis Explained

A breakdown of the European debt situation, starting with Greece and consuming the entire continent.

by Omid Malekan
www.omidmalekan.com
@malekanoms

Category:

Education

Tags:

• european
• debt
• crisis
• explanation
• greece
• italy
• germany
• ecb
• piigs
• euro
• printing
• money
• omid
• malekan
• quantitative
• easy
• explained
• malekanoms

[nmgscp]

@lcabosa Portugal, com os líderes e gestores públicos ou privados adequados, governar-se-ia bem a si próprio... Mas quando a Sra. Merkel, o Sr. Sarkozy, o Sr. (finge que é português, mas só para a imprensa portuguesa) José Barroso, e etc, governam sobre Portugal, nem sequer dão nenhuma hipótese q nenhum português a sério, e sério, governe Portugal. A Itália e a Grécia já nem sequer se podem considerar democracias! Portugal vai chegar a isso com um sorriso nos lábios? APOSTO QUE SIM!

[nmgscp]

@lcabosa I've addressed to you an answer in Portuguese to your posts. Summarizing, for those who don't understand Portuguese, I work at a financial level with companies, the guilt is in a large part due to badly managed Portuguese companies. But with this irrealistic common-currency policy, both those that are well managed and those that are bad managed are suffering. So, I think that Portuguese politicians should be corageous enough to express the wish and to leave the Euro.

[poopooplatterspecial]

Weird, Amanpour has a bulge in her pants while office dude has a camel toe. 

[poopooplatterspecial]

@mcbeach1000 Sounds like that dumb bitch Amanpour.

[mcbeach1000]

sexy accent

[ollobrains1]

he has a little penis

[chenchureas]

Stop using debit cards that's the solution of the European and American crisis. People use credit card to buy stuff with money they don't have and that wont be able to pay then the back is screw and the whole nation get screw, and in Europe where all the country's economy depends on each other all get screw. The solution again is don't give credit.

[kutkinderen]

@rivenadeshizzle you are probably an American :p

[rivenadeshizzle]

Can't they just nuke Greece so the crisis will be over?

[hiddenentityone]

The value of money has no value anymore if you get what I mean. Bankers, financial corporation alike knows this and what they are basically doing is to amass an insane wealth for themselves and leave the nation to rot. Then, when trouble comes, they always resort to the old conventional solution of "liquidating" the market by printing money. Yes, it is not a solution, as this only causes the rich to be richer and has no immediate effect to the poor and the market. So, fuck the current system

[SCobserverDavid]

europeans love bad idead that sound nice, lol :) (im from europe fwiw)