'Greece better off in default & outside Eurozone'

A graph showing the economic data from Portugal, Italy, Ireland, Greece, Spain (PIIGS), the United Kingdom, Germany, the EU and the Eurozone for 2009. Data is taken from Eurostat: Most data: http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/2-22042010-BP/EN/2-22042010-BP-EN.PDF GDP growth: http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/2-12022010-BP/EN/2-12022010-BP-EN.PDF Ireland growth (preliminary): http://www.cso.ie/releasespublications/documents/economy/current/qna.pdf (Photo credit: Wikipedia)

RT's Sophie Shevardnadze talks to the winner of the Nobel prize for economics, Kenneth Joseph Arrow, about how he thinks the Eurozone debt crisis should be tackled.