3 ms·
Heh, all those links are shown as visited for me. At least we're on the same page. I could argue that Greece had better infrastructure and geographical positi
by jdonaldson 11y ago
Heh, all those links are shown as visited for me. At least we're on the same page.
I could argue that Greece had better infrastructure and geographical position to "begin with". Most Germans alive right now are going to remember when their country was divided into two parts under two wildly different political arrangements.
You're arguing macro economics, but you're really having to shoehorn a timescale that works for your argument.
In all of this, I'm not saying that Greece is "bad", and I don't think they should be demonized. You mention a number of "weak" countries that may be next to go, implying that the whole Eurozone will collapse. However, I don't see those countries as weak, just very different economically. I also don't think the rest of the Eurozone would collapse. In short, I think a good deal of the coastal mediterranean countries would make sense together, as part of their own union. As long as I'm playing armchair cartographer, I'd put Greece, Italy, Slovenia, Cyprus, and the coastal micronations together. I think Croatia and even Turkey would make sense there. The currency pressure could be relieved, and the governments could operate on more comfortable tax and inflation guidelines.
I see France and Spain's problems as being more short lived. France should in all likelihood stick with the rest of the original Eurozone. Spain is complicated politically, with its three distinct cultures. I could see it going either way. I don't think it would be forced out though, it just might be a better match.