ZRX1200 wrote:This isn't just Greece's fault.
The banks damn well knew Greece couldn't afford those loans. Get people addicted and give them what they want, then take it away. Drug dealers and bankers have alot in common, well except jail.
It's NOT Greece's fault? Then, pray tell, who employs most of the people and gives them fantastic, almost unbelievable benefits as well as pensions? I'll answer that by telling you that Greece has a socialist, "nanny-state" government. With few exceptions, most of the goods used and sold in Greece come from foreign sources. Without cash to pay for them and no credit, there will be shortages of food, medicine, fuel, clothing and manufactured goods. Banks will close and depositors will lose most, if not all of their money, which would be useless anyway, with the skyrocketing inflation that is sure to follow. After that will be mass unemployment, starvation and civil unrest. Not a pretty picture.