DislikedIf you're a big country with lots of natural resources that the world at large needs then you can contemplate default and see light at the end of the tunnel.
If all you got is a bunch of B&B's nobody gives a shit about that and default means nobody will lend you money again for a generation or more.
Where do you think the money has come from to keep the ferries & airlines running, to pay all those pensions for 45-year old civil servant retirees? Sure as hell not from the non-existant tax revenues.
Greece should be cut loose from the EMU and...Ignored
- #234,343
- May 1, 2010 11:58pm May 1, 2010 11:58pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #234,345
- May 2, 2010 12:02am May 2, 2010 12:02am
- Joined Apr 2009 | Status: Live and learn. | 25,163 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #234,346
- May 2, 2010 12:04am May 2, 2010 12:04am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #234,347
- May 2, 2010 12:10am May 2, 2010 12:10am
- Joined Apr 2009 | Status: Live and learn. | 25,163 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #234,350
- May 2, 2010 12:17am May 2, 2010 12:17am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #234,352
- May 2, 2010 12:27am May 2, 2010 12:27am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #234,357
- May 2, 2010 1:33am May 2, 2010 1:33am
- Joined Apr 2009 | Status: Live and learn. | 25,163 Posts
"If The Fool persists in his Folly he will become wise." - William Blake