How you can understand the Greek financial crisis with Twitter

As you might have noticed Greece is in the world news again, with reports concerning the current financial support that the country needs in order stay aflot and restructure the economy. A search on twitter shows just how many people are talking about the Greek economy.

In reading about the subject you will also learn interesting insights on Trading currencies and gold, and how money is made on shorting trades. Furthermore, you will have a short introduction in the concept of political risk, and how EU political changes alters the expected outcome and value of a given economic action.

Really interesting stuff if you are into EU politics and economics, but also a good read to get a sense of the current situation in the country.

Which brings me to this picture.

As you can see the real-time results on "Greece" many tweets on the subject of the economy, but in the middle of them there is a tweet by http://twitter.com/whygogreece saying: Best Party Islands in Greece and proving a link to read about the party atmosphere on some very famous Greek islands. "Think of Ibiza on a lower budget and surrounded by a lot of history".

Honestly; I found it really insightful in understanding the current mess in Greece.

In the middle of a financial meltdown, some people are worried about the clubbing scene in Myconos.

If I wasn't a Greek myself, I would find this result really weird, when in the middle of other tweets, all talking about issues concerning finance, economics and Credit Derivative Swaps, Greece is talking about Parting in the islands.

I wouldn't go as far as BILD in a recent article "Crisis? What crisis? Business as usual in Greece..." but you know what I mean...

You can also watch John Lipsky, first deputy managing director at the International Monetary Fund, talking about Greece's debt crisis: