| DirtyP2002 said: It would be too easy to blame Greece. Check the total debt of some countries in Europe: Germany: 1,700 billion EUR Now some other states: USA: 12.307 billion USD
Do you think every country can pay the debt? |
Thats over simplifying it. Debt is not the only issue, its deficit in relation to growth/gdp and who owns your debt. Greece is running a huge deficit in relation to their growth and with no options for reorganizing their debt out side of defaulting or restructuring at the cost of the Euro.
Its a complicated issue but you can't point to other country's debt and make a direct comparison to Greece.
