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Greece has been sacked by a bunch of oligarchs and, then, sacked again by their European partners trying to save the European banks but, their real problem, is
by RobertoG 11y ago
Greece has been sacked by a bunch of oligarchs and, then, sacked again by their European partners trying to save the European banks but, their real problem, is that they are not a sovereign state anymore. You can't be a sovereign state if you have not control of your money.
States are not households. The debt of a country is a very different animal that the debt of firm or an individual.