Greece Defaults. What now?

[routsounmanman]

generic-user-1 said:

routsounmanman said:

nanarchy said:

It is a dumb article full of bias. They aren't demands, they are loan conditions which Greece is quite free to reject, they are being stipulated because Greece has failed to make good on debts and failed to follow through on previous conditions that they agreed too. Personally I am suprised Eurogroup is finally standing up to them and saying "you are untrustworthy, we now require proof you aren't going to just flush this down the toilet again", I actually expected them to bend over yet again so we would see this situation in another 1-3 years.

Apparently you know better than Krugman. What's a Nobel prize worth, right? 

its not a fuckn nobel price he got...  there is no nobelprice for economics...

From wikipedia : "Krugman won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel"

Also from Wikipedia:

"The Nobel Memorial Prize in Economic Sciences (officially Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne, or the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel), commonly referred to as the Nobel Prize in Economics,^[1] and as a "category of the Nobel Prize" by the Nobel Foundation itself,^[2]which owns the name Nobel Prize,^[3][4] is an award for outstanding contributions to the field of economics, and generally regarded as the most prestigious award for that field.^[5] It is not one of the prizes that Alfred Nobel established in his will in 1895, but instead was established 73 years later by a donation to the foundation from Sweden's central bank, the Sveriges Riksbank, on the bank's 300th anniversary.^[5][6][7][8] Winners are announced with the Nobel Prize winners, and receive the award at the same ceremony.^"

The economics equivalent, give or take.