Why or why not? I am aming this conversation toward americans but I would love an opinion from other countries who are bailing them out. To me, I think it is a good idea since we charge them in interest. I think we do have one greek member but I'll wait for that person to hopefully give their response.
Hell no. America needs to worry about our own problems. I am sick of being the worlds' babysitter all the time.
Because it the currency of most of the E.U. Greece is going to drag us all down with their cheating. Also it is time the Greeks give up their easy lifestyle, like retirement at 55 etc
Agreed. As an aside, I (along with others, I am sure) naiively assumed that the birth of the Euro - and the subsequent deaths of various currencies (Amongst them : The Finnish Markka, The Irish Punt, The Italian Lira, The French Franc, The Greek Dracha, and....one that I *never* expected to meet *any* kind of demise...The German DeustcheMark) would result in an Economic Consolidation All Across The Board. That is, a head of lettuce bought in, say Spain, would cost the same as it does in Holland. Turns out I was wrong. As far as Greece is concerned..Sad about three bankers that died in that firebombing recently...but, Their Chickens Have Come Home To Roost. I won't go into details.. 'Nuff Said!!!! OpinionsCartoonStudios@Yahoo.Co.UK
The same currency does not mean the same prices. That was never the aim. Each country in the Euro zone has its own taxes etc. The aim of the Euro was to ais cross border trade and movement of people. Does a packet of biscuits cost the same in New Tork as Baton Rouge ?
Before the Greek collapse there were plans for other countries to join the Euro. Also,the Labor party in the UK had plans but put them off. No question the Germans are upset that they don't have a referendum to vote against the Euro.
For better or for worse*, Estonia's on the list to convert next year or so.. (* - IMO, it's for the latter. Seriously.) OpinionsCartoonStudios@Yahoo.Co.UK