Kasz216 said:
Worst case scenario essentially turns greece into a third world nation as they can't even afford food and basic medical supplies. A greek default isn't pretty, but it's better then the alternative. It's where the greeks put themselves, by being a true debtor state for god knows how many years... going to the lengths of hiding their debts with accounting tricks.
I mean, BEST case scenario is likely a 15% GDP Decline in just the first year, if we assume that the EU Will let them stay .
|
Wasn't Germany a debtor state since WW2?