Stefan.De.Machtige said:
That's very, very difficult. Greece has no value, money or resources to back up the currency. No one in the world believes that it's goverment is worth anything. Those people are the problem in the first place. Even if they go back to the Drachma, it would be lot cheaper then the euro, which means their debt will multiply (probably by a lot)! The fact is the only thing of value greece has left, is their membership of the euro-zone. |
there's nothing left because of the euro, they need to default and go back to the drachma so they can start making a real economy based on real means. Propping up Greece is pointless, it just brings the other countries down. Greece never should have been in the Euro in the first place. They will not allow Greece to leave though because they know a default in Greece will activate the mortgage backed securities.
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