Greek Financial Crisis (2012)

Khan Academy

In the following four lectures the Greek financial crisis is explained along with its reprecussions to Europe and the world.

Course Lectures
  • In the first of a three-part video series, Salman Khan explains why Greece is in a tough economic situation (as of May 2012) and why solving their economic and debt issues is going to be very difficult.

  • In Part 2 of the series, Salman Khan explains what Greece could have done about its crisis if it had its own currency.

  • In final part of this lecture series, students are walked through the mechanics and logistics of Greece leaving the European Union in order to solve its economic trouble.

  • In this lecture, Salman Khan explains how Greece's economic crisis affects Europe as well as the available options, and subsequent consequences, for the possible actions that Greece can take.