Greece spending bailout money on weapons

[lestatdark]

kowenicki said:

greeceps3 said:

ok the ideal person to talk about this topic would be a greek and i happen to be one....i am very disappointed with the turkish answer because he doesn't know that the the history of my grandfather is greater that that of all turkey...i admit that we are facing a crisis but this is something every country has faced,is facing or will face and you,and i am not talkin only about the turkish, should not be so agressive with us....now....if we bankrupt it will have a lot of consequences for the global community so we need to cooperate...you should also know our tourism is probably the best in the world ...anyway this is gaming site but don't write thinks you don't know...just read some history

Whilst I sympathise... I dont think thats entirely true.  The Greek problem can be soaked up just about, the Greek economy is tiny.

I agree with this concept, in relation to the overall economy giants of the eurozone. Greece, Portugal, Ireland and even Spain (to some degree) can be considered tiny economies. 

But you've also got to remember what other economy is hanging on a very thing ledge: Italy. 

If any of the "tiny" economies collapse, then that would just create a cascade problem in which the Italian economy will also be a casualty. And if Italy's economy falls, then unfortunately, there's no way to just soak it up.