Quote:
Originally Posted by Osem
Oh yes well we all know we'll wind up paying one way or another but my point was about not being in the Euro Zone and being hamstrung by it.
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Fair point, due to being in the Euro Zone those countries can't use the normal economic mechanisms such as devaluation to deal with issues.
Why the hell Greece was even let in is a mystery, their economy couldn't even pretend to be in a fit state, though if we hold Greece up for that we'd also have to call out Italy and others. Triumph of European expansionism over prudence.