Quote:
Originally Posted by Chris
Greece needs it debts written off. That would be a gift of sorts. It won't happen though, so Greece will eventually have no choice but to simply write them off itself, by defaulting and then ditching the Euro and reinventing the Drachma.
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How is that going to help though if they have no willingness to reform their economy and society? They can default on their debt and adopt their own currency again but who is going to lend to a nation where the money goes down a black hole and who has recently defaulted on their debt?