Tags:
richard,
wolff,
economy,
economist,
greek,
crisis,
bailout,
eu,
european,
union,
debt,
united,
states,
us,
economic,
austerity,
unemployment,
working,
class Minimum wage reduced by 22%: Economics professor Richard Wolff breaks down Greece's latest round of European Union bailout loans. He deems the Greek crisis to be a "flash point" for global economics, and warns that the United States may follow a similar path.
Uploaded by ForaTv on Mar 2, 2012
Complete video at http://fora.tv/2012/02/14/Monthly_Update_with_Richard_D_Wolff_February_2012