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PDF said:
Kasz216 said:
the2real4mafol said:

 

I feel like you have no concept of what greece would look like without the EU.

Greece fundamentally screwed up it's economy after joining the EU.  The above is what would happen if the Drachma decoupled.

This debate greatly demonstrates what I have learned about Europeans view on the EU.   UK have a negative view, while the rest of the Europe have a more positive view.

Watching a documentary done by the BBC, I was somewhat shocked to see the Greeks say that staying on the Euro was the best move forward.  The host of the documentary who has British kept making the argument that currency manipulation was Greece strongest move.  Allowing them to devalue their currency in order to become competitive again.  Yet from Germany to Greece everyone disagreed with him.

I mean, i'll put it this way.

Currency manipulation would be one of their strongest moves

Greece should of never joined the Euro.

If Greece could detangle themselves from the Euro without committing Seppeku they should.

They just... can't though.

I'd say there strongest move would be to greatly reduce regulations on opening buisnesses, running and hiring and go hard against the rampant tax evasion done by the rich.

I mean shit...

"If Greece’s 1,500 biggest tax debtors paid, the government would easily wipe out its budget deficit for 2013. Analysts estimate that the taxes avoided by Greeks of all income levels total 55 billion euros, which would help Greece return to firmer financial footing."

http://www.nytimes.com/2013/05/13/business/global/greek-tax-crackdown-yields-little-revenue.html?pagewanted=2&_r=0

 

Currency manipulation doesn't mean much if nobody is paying the government.