Greece Defaults. What now?

[o_O.Q]

generic-user-1 said:

o_O.Q said:

the economy is based on a flawed system to begin with ( by that i mean the debt based system where from the very start there will never be enough money in circulation to pay back the original debt )

it was never going to last and was never meant to

thats BS... the system has no flaw.  the difference you cant explain is easyly explained... its called DEFAULT.

its normal that some loans default, thats why you pay interrest on debt...

well i'll admit i can be wrong but from what i understand the way this whole thing works is that initially from the beginning money is loaned into the system with interest 

as a result from the beginning there isn't enough money in circulation to pay off what was loaned originally because of the interest and the problem grows larger and larger as more and more money is loaned into the system

 

as i said i can be wrong my field of study is sciences so i obviously won't definitively say i know this for sure and i'd say that perhaps the cracks appearing in the system recently show that there are indeed flaws