Its a false choice. Both options lead to poverty, because neither option deals with the fundamental problem: the Greek government doesn't make enough money to c

Its a false choice. Both options lead to poverty, because neither option deals with the fundamental problem: the Greek government doesn't make enough money to cover its yearly expenses without borrowing. Either we can have an orderly devaluation, or we can have a disorderly devaluation. Austerity measures allow for the first. A hasty exit from the Euro makes the second inevitable. Now which option looks more appealing?