Post
Topic
Board Economics
Re: If Greece defaults
by
n2004al
on 11/07/2015, 17:20:02 UTC
Greece has defaulted now. It's been thrown out of the Eurozone. What else is left to discuss? The aftermath that follows . I'm sure , had the country been US or UK , the hype would've been much much lesser. The rich people would've shut down the scams in the name of capitalism and be done with it. I see Greece as a noble country.

It hasn't happened yet. When it happens i'll believe (Greece being kicked out of the Eurozone). The negotiations are still happening, today we'll get more nights at new, it seems Tsipras is giving up some space for things to happen, but no matter what happens, the Greeks are fucked. If they default and go out of the euro with their own currency or if they stay within the euro, a long bad period awaits them.

The city is so beautiful, it is said to watch it screw itself. If Greece does stick with Euro, yes they will be a leech for Eurozone again, but it will be on their leash too. And if the Greece falls out of Eurozone, other big countries might exist the Euro zone too as there are huge defaults of Italy and many big countries using Euro. Won't the fall of Greece also destroy Euro currency too then?

Euro and Eurozone are a 65 years project (and a more years dream) and it is difficult that this kind of project end so easy.

We saw a major first world country default for the first time, we saw the great powerful chinese market drop trillions worth of shares, all this in just one month. There was a lot of shit people did not expect to happen, things which people thought will never go down so easy, but it did. Everything does, everything can burn down so please, the end of Euro is possible. Very much possible.

I bet that not only euro will survive but even that it will not be reasons to doubts about its existence. The main reason of this (Grexit) will not happen. Greece will be in Eurozone and will use euro.  Wink Tsipras has made a great confusion with its actions the last 6 months but slowly is going in the right direction.