'Greek default hype part of Euro vs Dollar global currency war'

A major US credit agency says it will downgrade the Greek debt to 'default status' as a result of the second bailout for the country. The plan agreed by EU leaders, includes both government and private loans totaling around 150 billion euros. For a broader discussion on the state of the European economy we're joined live from Germany by William Engdahl, author of 'Gods of Money'. RT on Twitter: twitter.com RT on Facebook: www.facebook.com