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You are right. Once Greece leaves the Euro its recovery will begin in about six months, the average time it took countries to rebound after leaving the gold sta
by trevelyan 11y ago
You are right. Once Greece leaves the Euro its recovery will begin in about six months, the average time it took countries to rebound after leaving the gold standard in the 1930s. Then as now the same vague arguments about the benefits of austerity (confidence!) were presented by debt-holders and shown by history to be disastrously wrong.