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Re: Eurozone will collapse...
Did anyone else see that poor Greek stand-up comic getting lectured by Abbott and Portillo on This Week last night?
The poor woman was commissioned to make a short report on how awful things are back in the country of her birth, in which she repeated the often-claimed but rarely argued position that Greece has to stay in the Euro because the Drachma would be a disaster. Back in the studio she looked like a shame-faced sixth-former getting carpeted by the headmaster for turning in a substandard politics essay.
I was surprised to find out just how Euro-sceptic Diane Abbott is, but even more surprised to hear Michael Portillo take so much time to acknowledge the domestic downside of Grexit followed by devaluation, although he did still say he believed Greece quitting the Euro was a good idea on balance. Both of them shared the view that it was always bound to end up this way.
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