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The Greek Debt Crisis Explained in Four Minutes

In which John explains the Greek debt crisis, which has pushed the Greek government close to defaulting on its loans, the reasons why the Euro zone and the IMF are desperately trying to bail Greece out, and what the rising cost of sovereign debt means for the massive budget deficits throughout the developed world. Thanks to Karen Kavett at    / xperpetualmotion   for the illustration. Debt Chart: http://en.wikipedia.org/wiki/File:US_... HERE ARE A LOT OF LINKS TO NERDFIGHTASTIC THINGS: Shirts and Stuff: http://dftba.com/artist/30/Vlogbrothers Hank's Music: http://dftba.com/artist/15/Hank-Green John's Books: http://amzn.to/j3LYqo ====================== Hank's Twitter:   / hankgreen   Hank's Facebook:   / hankimon   Hank's tumblr:   / edwardspoonhands   John's Twitter:   / realjohngreen   John's Facebook:   / johngreenfans   John's tumblr:   / fishingboatproceeds   ====================== Other Channels Crash Course:    / crashcourse   SciShow:    / scishow   Gaming:    / hankgames   VidCon:    / vidcon   Hank's Channel:    / hankschannel   Truth or Fail:    / truthorfail   ====================== Nerdfighteria http://effyeahnerdfighters.com/ http://effyeahnerdfighters.com/nftumblrs   / nerdfighters   http://nerdfighteria.info/ A Bunny (\(\ ( - -) ((') (')