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Anorak | Well, Greece is screwed whichever way it turns

Well, Greece is screwed whichever way it turns

by | 23rd, May 2012

LOOKS like any which way Greece tries to turn it’s screwed. If they try and stay in the euro then they’re screwed by a decade or more of this internal devaluation, this austerity. Things would get better if they leave, after the horrible shock of actually leaving.

However, the latest wargaming over the issue shows the following :

Greece may have only a 46-hour window of opportunity should it need to plot a route out of the euro.

That’s how much time the country’s leaders would probably have to enact any departure from the single currency while global markets are largely closed, from the end of trading in New

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Posted: 23rd, May 2012 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink