Half a million people watched the film in the first five days of its release on April 6, 2011.
Synopsis
Half a million people watched the film in the first five days of its release on April 6, 2011.
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Synopsis
Georgios Papadopoulos and Dominique Strauss-Kahn appear in the documentary Debtocracy, which addresses the Greek government-debt crisis that began in 2010. Katerina Kitidi and Aris Chatzistefanou investigate the origins of Greece's financial troubles, tracing them back to the 1821 revolution and British loans. The film argues that Greek politicians encouraged excessive borrowing and corruption. It advocates for a debt audit committee, similar to Ecuador's approach, to analyze Greece's debt and offers a critical view of the euro's impact on the country's economy.
Deep Dive
Why Watch
- See statements from Greek Prime Ministers and IMF leaders.
- Find out why the euro is considered non-viable for Greece.
- Meet prominent figures like Alain Badiou discussing economic issues.
Did You Know
- The term 'debtocracy' combines Greek words for debt and power.
- The documentary was viewed by half a million people within five days of release.
- It criticizes the notion that the Greek population is fully accountable for the debts.
- The film suggests forming a committee to analyze debt, similar to Ecuador's approach.
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Frequently Asked Questions
What is the main focus of the documentary Debtocracy?
Debtocracy examines the causes of the Greek government-debt crisis in 2010 and advocates for the default of 'odious debt'.
Who are some of the prominent figures featured in Debtocracy?
The documentary features statements from Greek Prime Ministers including Georgios Papadopoulos, Andreas Papandreou, and George Papandreou.
What solution does Debtocracy suggest for the Greek debt crisis?
The documentary suggests the formation of a committee to analyze the debt, similar to Ecuador's approach when it unilaterally defaulted on part of its sovereign debt.
What are people saying?
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