Another video: BBG on the Euro crisis

Just saw this today.  I’ve had several folks ask me what the (*&$ is going on with Greece and the Eurozone; this video does a great job describing where these issues have arisen.  It also has a – fairly hardline – solution for the problem, but I won’t give spoilers here.

One thing to add: I really don’t envy the Syriza guys trying to walk the very thin line between asking for more bailout (whether through pretend/extend of existing debt, or loosening of austerity measures) and providing enough comfort to Northern Europe that they aren’t really throwing good money after bad.  I’m sure there will be a Harvard Business School case study produced, soon after the (at least interim) resolution.

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