Reason.tv: Economist Murat Yülek on Greek Debt, Turkish Growth, & U.S. Budget Woes

Joshua Swain | July 11, 2011

How bad is the Greek debt crisis? How will the U.S.'s inability to get its fiscal house in order impact rising countries such as Turkey? Economist Murat Yülek hails from Turkey and is a former Georgetown University professor and finance company CEO, who's worked with the International Monetary Fund, the World Bank, and the Islamic Development Bank.

In early July, Yülek sat down with Reason Foundation's Director of Economic Research Anthony Randazzo to discuss how the Greek and American situations may just make it harder for countries such as Turkey to fully liberalize their economies.

Approximately 5.08 minutes.

Shot by Joshua Swain and Jack Gillespie. Edited by Swain.

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PIRS|7.11.11 @ 3:31PM|#

Here is an interview with another Turkish libertarian.

http://www.youtube.com/user/mi.....xW3orOdfHk

Mr Whipple|7.11.11 @ 4:00PM|#

The €uro is a failure.

http://www.youtube.com/watch?v.....dded#at=43

http://www.youtube.com/watch?v.....r_embedded

AT|7.11.11 @ 5:45PM|#

That was compact.

Nickolaus|7.11.11 @ 6:26PM|#

When did Ben Affleck get a job at Reason?

|7.11.11 @ 8:55PM|#

Greece is nothing compared to Italy.

There isn't enough money in the EU to bail out Italy.

Greece was puddle. Italy is an ocean.

Gaze upon Italy, Obama, and despair!

That's where Obama is leading us--to become like Italy. Not Greece. Not California

Italy.

"In Italy, long-running deeper problems—a debt load of 120% of gross domestic product coupled with anemic growth and..."

http://online.wsj.com/article/.....54654.html

This is where we'll end up sooner or later if Obama has his way with the budget...

Look at the debt as a percentage of GDP chart:

http://www.usgovernmentspendin.....chart.html

We're not that far behind Italy really. ...and with ObamaCare, Medicare, Medicaid and Social Security set to balloon, we should get there in no time.

And Obama is holding up spending cuts even as Italy twists in the wind.

|7.11.11 @ 9:55PM|#

Have you said anything to Tony?

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