Greece should accept that they are about to become a 3rd world country.
There are Greeks in America (came here Completely legally) who are fantastic entrepreneurs.
This is a key source for such a push.
People Love to vacation in Greec; a return to a drachma that is cheap relative to dollars and other currencies, a stable and secure environment and a spirit of liberty and free enterprise would be a good foundation for a super rebirth of the Greek economy.
It must be built on real productivity, i.e., the private sector producing goods and services.
This is all fairly obvious.
But large banks will be reaching insolvency in Greece and Spain soon - and the management and employees of those banks do not want the large banks to fail; they then have to look for a new gig. So they feed the press the story that the whole world will collapse if a few big banks go bankrupt.
It’s called redeploying resources, it’s necessary at this point.
We here in the U.S. are really in the same boat.
The first key element is morality. If society as a whole is immorality run amok, the leaders of society will reflect that situation, and business and political leaders will be greedy and power-hungry and waste any success. While of course we can’t expect perfection, over the past 150 years or so there as been a steady decline in social mores and the morals represented in legislation.
The poster-child time period for not taking advantage of “the good times” is the U.S. during the 1990’s boom.
A unique situation with computers that created the “boom” was obviously going to end in about February 2000, but no one cared to think about that, they were all too busy gleefully throwing money around, drunk on their perceived success. So a valid, sustainable free market was not created during that time and government did not roll back regulations that create an inhospitable legal environment for small business.
Because balancing your budget is slavery to... banksters?
“Rational measures can never be implemented in politics.”
You can’t really expect people to act like adults, can you? /s
I don’t imagine the Greeks will manage themselves any better after leaving the EU than before joining the EU.