So how will Greece leave the Eurozone? Answer: painfully (photos)
HOW will Greece leave the Eurozone? Painfully it seems.
There’s a general agreement among realist economists (ie, not those drunk on some nonsensical dreams of European unity) that the euro as it was set up was a decidedly bad idea. That even if it had been better set up Greece certainly shouldn’t have been part of it and that it would be better for Greece and everyone else if Greece were to be out of the euro.
All of this is simple enough. The problem is how do we get from here to there? As this column points out in what for economists is sneering and vitriolic language, erm, actually, we probably can’t.
Get from here to there that is.
It’s just too bloody difficult to do it in anything like a democracy or a free society.
That is, it would be great if Greece had never joined, it would be great if Greece had left, but the process of leaving is just too difficult to actually go through it.
Something to keep in mind the next time the politicians try and jump us into something that we cannot subsequently get out of, eh?
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Mourners chant slogans in front of the coffin containing the body of 77-year-old retired pharmacist Dimitris Christoulas, in Athens on Saturday, April 7, 2012, who committed suicide in a central Athens square Wednesday. In a suicide note, he claimed the economic crisis affecting Greece had 'destroyed' him. Hundreds attended the ceremony at an Athens cemetery. (AP Photo/Petros Giannakouris)
Posted: 11th, April 2012 | In: Money Comment | TrackBack | Permalink
