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J0-onas | 10 years ago

German scource in which the president of the ifo institute says that the Grexit is the best alternative for all involved parties. I heard him speak at talkshows and while his argumentation is a bit harsh, it made sense when I heard it.

Fact is, no one can prove that his stategy is the best alternative.

http://www.faz.net/aktuell/wirtschaft/eurokrise/griechenland...

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chinathrow|10 years ago

The billion dollar question is, if the Grexit will be followed by Portexit, Spexit and Italexit at some point in the future.

My crystal ball says, if that's going to happen, the EU or at least the Euro will be toast.

secfirstmd|10 years ago

As an Irish man, it makes me kind of proud that we have pulled ourself out of the mess enough to be rarely mentioned in such lists any more! We have a lot of problems, including a stupid housing market once again, high debts and exposure because of our export dependance - but i would sure rather be in our position than Greece's.

walshemj|10 years ago

I remember the economics editor of the Guardian saying at the time of the euro launch "a bad idea who's time has come"

elorant|10 years ago

If Italy defaults then all hell breaks loose.