Understanding the Financial Crisis in Greece

In which John Green discusses the history of Greece's deficit and debt problems, the challenges of adopting the Euro and living with the Eurozone's monetary policy, and the possibility of the so-called Grexit--a Greek exit from the Euro.

Sources for this video:

----

[Tigermond]

Thank you so much, John, for, like, having the most stress you have ever had in your life and still making a thought-out, intelligent, informative, objective, over-7-minute video for us. I am German and I often don't really catch up on all of this stuff (although obviously everybody is talking about it all the time), because it is kinda exhausting me and I don't think that I can judge anything or anybody because I just don't know enough and hate it when people think that they know the 100% right solution to the problem and the others are just simply wrong. There is a lot of "not imagining things complexely enough" involved in most discussions.  So yeah, thank you.

[melaniemurphyofficial]

I just wasted three days trying to understand something that you cleared up for me in under 8 minutes.

This is why I love being subscribed to you, John :)

[Nihel]

I am the only one who pauses the video every two minutes to process the information because 1. John speaks so fast and 2. The conflict is so complex. I'm getting there slowly!

[ΣτυλιανόςΓρηγοριάδης]

Hello John! I am a 16-year old fan from Greece! Thank you for taking the time to explain what is going on in my country.Everytime I pass by an ATM there are at least 15 people waiting, the city center is full of homeless people who are begging for food, children pass out at schools because of starvation.People are depressed, they are desperate, they've lost hope, young people have no ambitions.Both of my parents are now unemployed and we visit an ATM every single day to get ONLY 50 euros...I know that there are people who have it way worse than I do, but i just want people to understand how tragic the situation is.

[pablocatalanfdez]

THANK YOU THANK YOU THANK YOU for this video. As a Spaniard supporting Greece's struggle and the need for a united Europe, it is very refreshing to hear you speak this way.

[PurpleLover]

First of all:this is very informative. It helps me understand the situation a lot better, thank you for continuing to be so intelligent, and for wanting to spread that to others. Second of all: you answered my question on Dear Hank and John about a week ago, and I just want to say thank you. It was about some...habits that I have, and you were so gracious and thoughtful in what you said. I've had several doctors (not mental health doctors, just pediatricians), teachers, and family members just tell me to "stop doing that", and it made me very emotional to hear someone (two someones who I adore) say "we're sorry, and this is part of who you are, and you deserve support." This has nothing to do with the video topic, but yeah. I'm going to try to see a mental health specialist as soon as I can. Thank you for everything John. DFTBA.

[GodRoxMySox]

Why does it still amaze me that I can spend an hour trying to understand the financial crisis in Greece, to no avail, then watch/listen to John talk about it for less than 8 minutes and understand the financial crisis in Greece?

[fred]

Finally I finished watching all of the vlogbrothers videos (except for the missing one). Took me 5 months, but it was worth it!

[kaysha]

The real problem is one currency + multiple economic policies

[smarch.]

"We cannot share a continent effectively..." - J.Green.
This quote just blew my mind. Awesome Mr.Green.

[TheVlog]

I'm glad that your educational videos can be more than 4 minutes long; that would have been hard to explain in the given time

[ljmastertroll]

Maybe Greece should start a GoFundMe or something.

[phoenixlament]

Hi, John, I'm Ana, from Bulgaria (north of Greece) and right now I'm studying law (just had exam in European law) and I love how objective your videos are. You explain very complex problems, so that everyone can understand them (now mather if they study law, economy, if they live in Europe next to Greece or on the other end of the world). I congratulate you (and Hank) on that and all of the other projects! Have a great week and keep up the great work! :)

[mikekelso]

I love the way you add the human element to the issues you discuss. At the end of the analysis and arguments, it's people we are talking about. Another brilliant vlog.

[GotchaJustin]

The Euro is such a risky thing. In order for the currency to work all participating countries must have in-sync economies. And there's a major difference between the Western European economies and the Eastern. I hope things work out in the end.

[emmleinegray]

Thank you John, even with the huge amount of stress that I'm assuming you're under, you've still taken the time to talk about something relevant and even interesting, as well as helping those people like me who had absolutely no idea what was going on with Greece to understand. Thank you, hope you've been well xx

[juststeveschannel]

If only getting to understand the problem was the same thing as getting to seeing the solution...But it's a good first step, I suppose. Thank, John.

[k-popbiased]

Wow, thanks for all the information! I needed it desperately. I also love the fact that, though their careers are growing, the Green brothers still care about educating people.

[shereah]

This has nothing to do with the topic of this video, but your voice is soothing and I needed that. Thank you for putting your voice out there.

[marnikzaf]

I am from Greece and I can guarantee you that this video is extremely helpful and as objective as it could be.
Well done, John♡