Greece is truly on the brink of defaulting to the e.u. which means the German,s..
Do I want to see this happen in the short term??
Absolutely not.
I think just like our housing crisis, we should allow Greece to default and get kicked out of the e.u.
The problem with socialism is you run out of other people money unless you can find another group to enslave to subsidize our state masters whom we now serve..
The end of the road to progressive ideology is to bring us back to the feudal system
The government pension.system is Greece's #1 expenditure..
In the long run its better to let them suffer and then find there way with a sustainable economy..
If we didn't subsidize the housing , the housing market and economy would have recovered more rapidly and authentically.
Printing your way out has NEVER been a good idea and can only lead to a longer more stagnate lingering economic pain..
Sorry to sanlmar and pooh for the hit there going to take couse if my brethren..