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