#39729
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MountainBiker
Survivalist
member10

As it is, Greece has been borrowing money from the EU to make loan payments to the EU. Other than kicking the can down the road a bit more each time, all this has done is put more paper profits into the hands of the big banks that have been allowed to pretend that those loans are still good. There is no happy ending for Greece without a whole lot of pain that must come first. The only real choice they have is when do they let the collapse happen so that they can start the rebuilding process. Of course the Greek people who voted in the current group didn’t vote for a collapse but rather for those they thought would just make all the problems go away. Personally I’d opt to let it happen so as to be able to start moving forward again rather than treading water indefinitely.