There's certainly been no shortage of discussion, comments, advice, opinions,
etc.., etc.., of late, regarding the Greece, or Grexit, situation.
No kidding. I never intended it to be a floor brawling hair pull.
Thank you for the extended answer...you put a lot of thought into it and I appreciate what you had to say. However all of the responses I've received so far have been wrong. They were terrific answers ..very detailed...some were more passionate than others...superb......but they were answers to a question not asked.
I never asked how Greece got in this predicament. I never asked who's fault it was ..or how it happened.
None of that really matters now. The milk has spilled. So who spilled it ...how it got spilled...and who should be the one to clean it up are completely separate questions.
As someone who likes being a creditor as an Investor, I hear warning bells going off and I asked the question - Who would be the next "Greece"? We tend to think this stuff is for other places not on our own shores but is it really impossible for one or two of our own 50 states to decide to tell the other 49 to take a hike?... Pay us or we leave?
Who else has the Greek response given rise to? Could a debt ridden state(s) essentially kidnap themselves??... and demand what amounts to a ransom? Maybe do some kind of variation on the Greek theme. ??
I know how crazy that sounds..it does to me too...but its an honest question when you can see smoke on the horizon. I'm not sure there are answers bruwin... so whatever you think is an A+ answer.
It was just a question for guys who live in a world wherein creditors matter...creditors have rights ...and they should be upheld as firmly as possible no matter where it comes under assault. There are those who think Europe's sh*t does stink ...they can't wait to deploy the latest tactic here in the states. To me Greece is really nothing more than the idea of Occupy Wall St gone global. Paying back debts is no longer thought an obligation...and for those of us who love investing, not because we just want to make money, but because we truly love the hunt...it should concern us...that's all I'm sayin'.
I apologize for offending some by asking...it was unintended and purely meant to be just water-cooler buzz.
Chevy
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