Though this might interest you http://videosift.com/video/yanis-varoufakis-the-origins-of-the-european-economic-crisis

Always worth spending a few minutes on alternative perspectives before the major consensus narrative has been established:

http://yanisvaroufakis.eu/2015/07/15/the-euro-summit-agreement-on-greece-annotated-by-yanis-varoufakis/

For your daily entertainment -- or depression:

http://www.newstatesman.com/world-affairs/2015/07/yanis-varoufakis-full-transcript-our-battle-save-greece

Appetizer:

[But] Schäuble was consistent throughout. His view was “I’m not discussing the programme – this was accepted by the previous government and we can’t possibly allow an election to change anything. Because we have elections all the time, there are 19 of us, if every time there was an election and something changed, the contracts between us wouldn’t mean anything.”

So at that point I had to get up and say “Well perhaps we should simply not hold elections anymore for indebted countries”, and there was no answer. The only interpretation I can give [of their view] is “Yes, that would be a good idea, but it would be difficult to do. So you either sign on the dotted line or you are out.”

Yanis Varoufakis ‏@yanisvaroufakis 6h6 hours ago

Capital controls within a monetary union are a contradiction in terms. The Greek government opposes the very concept.
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19:01
TSIPRAS ANNOUNCES CAPITAL CONTROLS AND BANK HOLIDAY
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Again, https://www.youtube.com/watch?v=pDWzGm1W0WY&feature=youtu.be&t=8s

The head honcho of the Bank of Greece is hardcore conservative, and the move was anticipated, but the communication again... wtf indeed.

Your video, Greece's Finance Minister Yanis Varoufakis on BBC's Newsnigh, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

About 15 months ago, at a conference in Austin aptly titled "Can the Eurozone be saved?", my favorite Greek mathematician/economist Yanis Varoufakis made center stage with his "Modest Proposal".

Now that he's in charge of Greece's finances, the media is firing broadside after broadside at him, trying their best to discredit the man. Doesn't even wear a tie, shaves his head, wears biker jackets, has a temper... the usual ad hominem bullshit. Yet it only took him three days to give the debate a new direction. Calling the austerity program "fiscal waterboarding" was a stroke of genius.

Him and Tsipras created the first crack in this bubble of lunacy that we call Eurozone. Someone might even realize that the Emperor is, in fact, naked.

Oh, and my personal word of the week: Stahlhelmökonom

(lit.: steel helmet economist, as in "a level of denial and ignorance made famous by the German military on the Eastern front" applied to economics)

The abundance of profits looking for a purpose was detailed by other panelists during the conference. In fact, either Yanis Varoufakis or Stuart Holland layed out their plan to use the EIB to tap into these unused mountains of cash and direct them towards a massive investment program.

That said, every single one of these 10-15 minute talks is focused on one specific part of the problem or a possible solution and I don't think I could get 10 votes for an entire panel, much less the entire conference. This video was my probe to see if anyone's interested at all. Which is also why it's rather general in nature and doesn't depend on a priori knowledge about the structure of the eurozone.

The "Modest Proposal" by Yanis Varoufakis and others led me to the recordings of this conference. Interesting stuff, at least from the perspective of a radical European like me.

But I came across one short talk by Thomas Ferguson in which he sums up rather nicely what Europe is facing right now (dur. ~10min). Thought you might be interested...

Edit: I forgot to include the time index, it's fixed now.