Watch Charlie Rose’s Terrific Roundtable Explaining The Past, Present & Future Of The Greek Crisis

by • July 7, 2015 • Business, Charlie Rose, PoliticsComments (0)1487

There are more unknowns than knowns when it comes to the unfolding Greek debt crisis. In the wake of Greece’s resounding “NO” vote on Sunday, Greek leaders have approximately 48 hours to save the economy from total collapse as they try to negotiate a deal with European leaders. Last night Charlie Rose assembled a brilliant roundtable explaining the past, present, and future of the crisis and you can watch it in full above. Over the past five years Greece has experienced catastrophic economic fallout due to austerity measures imposed by European leaders, almost exactly parallel with the fallout experienced by America during the Great Depression (25% loss of GDP, etc.) After 5 years America’s economy began to grow again, but Greece’s continues to fall. Many believe Greece could see another 25% GDP loss in the near future, effectively double the damage of the Great Depression in the 1930s.

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