Hate to say it, but this really needs to happen! Greece has been living off of others for too long and it finally has to come to an end! I don’t like the economic catastrophe that it might cause but it has to happen sooner better than later.
Greece will likely become a Communist country after this but trying to keep them in the Eurozone is useless.
Agreed. Sometimes you have to break things to fix them. This is one of those times.
They are fools, its going to be so much worse than they can imagine.
They lied to the people.
Now they will experience and uncontrollable inflation and no access to international capital.
Every politician worth his salt is “WHISTLING IN THE GRAVEYARD”, trying to to tell every body that a GREEK collapse isn’t going to do anything to the world’s economy. When somewhere in somebody’s back room, they are trying to figure out how to get out of this hole they’ve dug for themselves. It may take a few months, but eventually, even these people will realize that the world economy needs re-adjusting. What they are also probably doing is saving their skin, by preparing to make sure none of them will get hurt too terribly, when the crash comes. The only ones that really get hurt are the poorest people in this world. As for the regular people that own gold or silver, the government will just make it a crime to personally own any of these precious metals.
Buy while there’s ouzo running through the streets.