Description: To help get out of its debt crisis, the Greek government has come up with a way to raise some cash: Sell off everything from planes and trains to huge parcels of land along the Greek coastline. WSJ’s Charles Forelle reports from Athens.
Source: Marketwatch.com â€“ video report
Questions for discussion:
- Summarize the scenario described for how Greece accumulated unmanageable debts and how it might extricate itself.
- How are the financial planning issues similar and different for a country in comparison to that of a company?
- How might politicians handle these issues differently than a manager of a company?
- What would your advice be to Greece?