"I hope the Greek government has the guts to go bankrupt. It'd be a short term loss with a long term gain. It's not like the creditors have to lose out, Argentina showed that by paying off its debts after their currency issues."
The confusing part is that there is a very recent, very relevant precedent that was set by Iceland and for some reason that course of action is completely off the table.
I don't know why. It appears to have worked very well for Iceland.
The confusing part is that there is a very recent, very relevant precedent that was set by Iceland and for some reason that course of action is completely off the table.
I don't know why. It appears to have worked very well for Iceland.