Does Greece's Debt Crisis Compare To Anything In History?
Greece is up a debt creek without a monetary paddle, and it's got the rest of Europe sweating. What can we learn from other sovereign defaults?By Matt Patston | June 16, 2015
As Greece wanders closer to a default on its debt and a potential exit from the Eurozone, the economic future for the country and the continent seems uncertain.
For clues about what might happen to Greece, we turn to other countries that have defaulted in recent memory. (Video via The Telegraph)
First: Argentina. That country's debt crisis in the early 2000s has been trotted out as a comparison to Greece's troubles over the past five years.