Greece Runs Out of Other People's Money

Greece shouldn't pay anyone back.
How could things get any worse for them?

It shows a fatal flaw in the common currency when a country can't control the currency but is still left to fend for itself.

How could things get any worse for them?


Their budget is not in balance, their banks have run out of Euros and they have an ever increasing population dependent on unemployment and government pensions.
They can't pay for their imports and have no functioning banking system without a new supply of Euros. It can get much, much worse for them. Happening as we speak.


It shows a fatal flaw in the common currency when a country can't control the currency but is still left to fend for itself.

It shows a fatal flaw in the common currency when a country can't control their spending.
And their government relies on loans from foreigners, while spending 59% of GDP.
 

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