Greece, the eurozone and germany

[Danzig]

What an absolute mess. Seems that Grecian voters figure the ez last, best offer wasn't the best they could do. Wonder if their bluff will work. I think it will, that the eurozone will have to come up with a plan, rather than perhaps irrevocably damage the whole plan.

Here's this, on Germany. I'll have to find the other article I read a few days back that was quite interesting.

http://www.slate.com/blogs/moneybox/...y_germany.html


Here's the other
http://www.slate.com/blogs/moneybox/...extension.html

[Rudeboyelvis]

Anyone that loaned Greece money over the last 15 years knew they could never pay it back. They extorted high rates and bet that the EU pay them back. Woops.

[Danzig]

And didnt help that some, like germany, invested in the debt instead of actually buying stuff. Just like the bankers in 08, no matter what they did, theyd come out with money.
wssnt greece a risk from day one? Seems like some thought they shoildnt have been included...ill have to look.

[Danzig]

http://www.bloomberg.com/news/articl...ft-issing-says