4 ms·
The other big issue that is causing concern is that there is a very volatile populace in Greece. There have already been riots/protest over the proposed cuts...
by ErrantX 17y ago
The other big issue that is causing concern is that there is a very volatile populace in Greece. There have already been riots/protest over the proposed cuts...
A major problem is that the Euro covers a very wide and very variable region; some economies are on the tipping point already.
(and I am so glad we (UK) didn't jump into bed with the Euro now! :D)
- sx 17y agoThis is not as bad as presented, this is a good article about the situation in Greece: http://www.guardian.co.uk/commentisfree/2010/may/04/greece-dont-believe-fights http://www.guardian.co.uk/commentisfree/2010/may/04/greece-d...
- ErrantX 17y agoAbsolutely. However a) anything even slightly divisive could be a problem and b) it is all about what it reported. If the media scares the market that is the same effect.
- Silhouette 17y agoDon't feel so glad to be in the UK. We're almost as stuffed as the Greeks, but we're not really going to know about it for a few days while the results of today's general election are digested. Just wait for the emergency budget from whoever wins. :-(