We’re in the countdown to Greece defaulting on its debts. I don’t think that is an altogether bad thing as I set forth at length here. But for the rest of the world, especially Europe, a Greek default would be a huge problem and a huge wake up call.
Want to know why the Greeks are not going to be bailed out? Here you go,
Feelings are even harsher in Slovakia, where there is near universal indignation at funding a Greek welfare structure that Slovaks can only dream of. “Alexis Tsipras is swindling the whole world and this cannot go on forever,”said Jozef Kollar, vice-chairman of the finance committee. telegraph
It is time for Greece to strike out on its own. It is likely to be pretty ugly but, detached from the Euro, Greece would have a chance to make its own decisions and determine its own fate. No bad thing.