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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (871260)7/8/2015 1:38:12 PM
From: tejek  Respond to of 1576163
 
Now let's be clear: the first year or two after leaving the euro would be complete hell. Unemployment would spike, inflation would too, bankruptcies would spread, and oil might need to be rationed. But that pain would pass, and when it did Greece would be left with a cheaper currency that would make its exports and tourism more competitive. Recovery would follow, and it could follow fast

I think the recovery would be faster... at least if the Greek government got its act together, which is a lot to ask if you've ever been to Greece.

Yeah......clearly, Tsipras is clever but is he an effective leader that can transform the Greek economy? Million dollar question.