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> Regarding Greece, a default would be more a political problem rather than an economical one It's both. He cleverly ignores the real issue: Whatever happens
by jpdoctor 15y ago
> Regarding Greece, a default would be more a political problem rather than an economical one
It's both. He cleverly ignores the real issue: Whatever happens in Greece is going to set the precedent for Portugal, Spain and Italy.
Or to put it another way: The only way to save Greece is to give them a pony. Then everyone is going to want a pony.
- giusemir1978 15y agoAgreed for portugal and spain. Regarding Italy, we have a too big debt to repay. Either we make it or break the european union alltogether. I dont believe France and Germany are going to give us a pony, nor I believe they have the funds to do so :-(