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routsounmanman on 23 February 2012
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Stefan.De.Machtige said:
routsounmanman said:
This latest "austerity" package will kill us. Our economy will contract a further ~6% AT THE VERY LEAST. We should just default and go back to the drachma. Greece would fill with tourists yet again (maybe even more so, with Spain, Portugal, Italy,etc in the Euro)

Currency prices depend mainly on trust and resources, which Greece lacks. A new drachma would be worthless.

Who cares? We're defaulting anyways. Just erase the debt and go back to the competitive Drachma.



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