Tuesday, February 14, 2012

Furious Greeks set Athens on fire

On Monday tens of thousands of Greeks expressed their rage toward the Greek government. Protesters clashed with law enforcement after the Greek Parliament voted to grant another round of austerity measures. In the already troubled Greek economy, the deal approved the lowering of the national minimum wage and has resulted in approximately 15,000 public sector jobs lost. Peter Schiff, president of Euro Pacific Capital, joins us to assess the situation in Greece.

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