Debt: Greece vs California

(Video) A question being hotly debated by bloggers: who is buried in worse debt, Greece or California? News reports lean towards Greece as the real basket case, while TV news loves any reason to show video of Arnold Schwarzenegger. Both Greece and California are cutting deep to balance the books, and their people are hitting back with protests and anger. Will either receive a bailout, or are they both doomed to default? For this special News Hunt episode, we'll ... Full Story »

Posted by Fabrice Florin - via Phylora Uppman (f), Joey Baker (f), Jon Mitchell (f), David Fox (f)
Beth Wellington
3.9
by Beth Wellington - Apr. 21, 2010

An interesting comparison of how various members of the MSM are covering the debt crisis of both California and Greece.

See Full Review » (10 answers)
Jon Mitchell
3.6
by Jon Mitchell - Apr. 22, 2010

As media analysis, this is great. It's very cool to be able to watch a 5 minute video and get this comprehensive a picture of what the cable and satellite networks are saying. As a substantive comparison, it suffers from not featuring any independent research, but the comparisons of the MSM information reveal some interesting similarities and differences between the Greek and Californian debt situations.

See Full Review » (16 answers)
Fabrice Florin
3.8
by Fabrice Florin - Apr. 22, 2010

Insightful analysis on how the news media are covering two different casualties of the financial crisis: Greece and California. Both economies are facing daunting deficits and may need bailouts to avoid defaulting on their debt -- but are getting very different reactions from the U.S. Federal government and the European Union. This short video segment compares a variety of perspectives on this issue, from such diverse sources as Al Jazeera to Fox News and Deutsche Welle.

See Full Review » (11 answers)
Kaizar Campwala
3.8
by Kaizar Campwala - Apr. 22, 2010

An interesting news comparison that educates viewers not only about Greece and California, but also how they function within the EU and US, respectively. What's missing is an exploration of why Greece and California are in this position. Is it for similar reasons (e.g. bad governance, taxation issues)?

See Full Review » (11 answers)
Kristin Gorski
3.9
by Kristin Gorski - Apr. 21, 2010

The side-by-side news comparison format frames issues in a way that provokes deeper thought, both about an issue and the way media cover that issue. Both Greece's and California's financial problems are given a solid overview through various diverse lenses -- now I'd like to know more specifics.

See Full Review » (19 answers)
Sirajul Islam
3.7
by Sirajul Islam - Apr. 18, 2010

Good comparisons made. But I think, news reports have an edge over the TV. Anything can be a topic of debate, and the merit of the debet is judged by its quality, not the qualities thereof of the topic or subjects. I think, Greece vs. California is baised to be compared.

See Full Review » (11 answers)
Andre Heinemann
4.1
by Andre Heinemann - Apr. 22, 2010

Concise and informative summary clip comparing the California and Greece budget deficits. Well done, certainly recommended.

GlobalPulse and LINK.TV clearly show that the relevant information is available and that it can be put together in a concise and balanced way. Great example to prove that short doesn't have to mean shallow.

See Full Review » (20 answers)
Christian Rosnes
3.8
by Christian Rosnes - Apr. 21, 2010

This video was quite factual and was able to use multiple relevant sources.

See Full Review » (4 answers)
O. Billbrough
3.8
by O. Billbrough - Apr. 22, 2010

This is a very interesting comparison between Greece and California. It is hard to tell who really is worse off as California is asking the federal government for some money back on the taxes they pay and Greece seems to not have a place to go for money because of the no-bailout clause and no countries offering to help them.

See Full Review » (6 answers)
Jules Goguely
3.6
by Jules Goguely - Apr. 22, 2010

The video helps to understand what the news reporter is explaining

See Full Review » (18 answers)
Laurent Hesnard
3.7
by Laurent Hesnard - Apr. 25, 2010

This is somewhat quality journalism however i do not trust the fact that is it on youtube and not very clearly sourced.

See Full Review » (18 answers)
Nathaniel Harder
3.5
by Nathaniel Harder - Apr. 21, 2010

This report makes some interesting links between California and Greece.

See Full Review » (6 answers)

Comments on this story Help (BETA)

NT Rating | My Rating

Ratings

3.7

Good
from 21 reviews (36% confidence)
Quality
3.7
Facts
3.8
Fairness
3.7
Information
3.4
Insight
3.1
Sourcing
3.5
Style
3.3
Accuracy
3.5
Balance
3.0
Context
3.6
Depth
2.8
Enterprise
2.6
Expertise
2.4
Originality
3.2
Relevance
3.8
Transparency
2.8
Responsibility
3.4
Popularity
3.8
Recommendation
3.6
Credibility
3.4
# Reviews
5.0
# Views
5.0
# Likes
2.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

  • Greek pride gives way to realism as debt crisis grows

    In crises countries do strange things. From the very start of the economic turbulence shaking Greece, its political leadership, usually querulous and divided, has united to ...
    Posted by Kaizar Campwala
  • Greece starts EU and IMF talks on aid deal

    (Video) Greece has begun talks with the European Commission and International Monetary Fund (IMF) over the terms of emergency bail-out aid. The talks cover austerity measures Greece ...
    Posted by Beth Wellington