Paul Krugman: Greece Euro exit possible next month, end of the euro in the next months?

[Kasz216]

routsounmanman said:

Mr Khan said:

KylieDog said:
A lot of countries need make an exit from EU, too many poor countries join up and just ponce off the better ones so when the better ones take a dive there is little option to help them anymore because it all wasted on the ponces and it achieved nothing. Get rid of them all.

The rich countries want the poorer countries in, because it drags the currency value down, which gives them a competitive export currency without having the issues internally that would bring a competitive export currency. Germany wouldn't want to go back to the Mark, because suddenly they would be experiencing the same export problems Japan is.

Precicely. Germany, Holland, Austria,etc have benefited much more from the Euro than the southern countries. And what the fuck are you smoking people, can't you see that a Greek exit (albeit better for us, in the long term) would unleash hell in Portugal, Spain, italy and Ireland? Who would loan weaker countries of the Eurozone when a weak one was just kicked out?

And cut the crap with the Greek politicians hid the debt (they did, and they're criminals for it) but the EU surely knew where things were heading. Even now, Germany and other wealthy countries of the north benefit greatly from the crisis.

Yep.  Greece Should probably leave the Euro.... HOWEVER it should wait until after the austerity plan.  

Essentially get to the part where the economy isn't in freefall, devaluation won't disallow vital imports.... but before peoples savings get back on track.