Financial crisis in Greece: What will be the economic impact worldwide?

The financial crisis in Greece may seem like a problem in a far-off nation for many Americans, but the country’s recent shutdown of the banking system could have worldwide implications. Retirement savings like 401(k) plans could fluctuate after markets took a dip when talks between Greece and its creditors in Europe broke down in recent weeks. There are other potential economic ramifications as well. Economics professor Korkut Alp Erturk can explain what’s happening in Greece and the potential economic impact for the U.S. and world. Erturk has published multiple articles on the case for international currency reform.
Phone: 801-581-7481 | Email: erturk@economics.utah.edu