Engdahl, Economist in Germany On Greece Fiscal Debt Crisis, Deficit-to-GDP and Complex Derivatives (Video)

Taking a break from the pop news organizations at the moment, TheRealNews channel on Youtube talked to William Engdahl, an economist/author in Germany, about the Greek fiscal debt crisis, 3% deficit-to-GDP limit, exotic derivatives offered via Goldman Sachs/JP Morgan, off-balance sheet liabilities, the Euro construct, US Dollar, public debt-to-GDP, austerity measures, social issues and Italy. Also read these articles:

Is Titlos PLC (Special Purpose Vehicle) The Downgrade Catalyst Trigger Which Will Destroy Greece? (ZeroHedge)
Wall St. Helped to Mask Debt Fueling Europe’s Crisis (NYT)

Courtesy of TRNN.com (Greek people resist paying for crisis)

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