Delete comment from: Captain Capitalism
Everyone saw this coming, a parasite always condemns the host. I predicted Greek would use WW2 as an excuse to bail out on their loan obligations for atleast another two months. I underestimated them. I actually thought the smartest course of action was for Germany to exit the Euro five years ago and get the Deutschmark going again. They would have taken a hit in the short term, but by now they probably would be steaming along and be poised to be the superpower in Europe. But now they can't back out if they wanted to exit the Euro, everyone will accuse them of being bullies (and they would be correct) and then leave the EU in a mess, thus seen as purposely sabotaging the EU. So it will be Greece that gets the boot and everyone will hate Germany for not wanting to support shoveling more money at Greece to shut them up. This is the perfect example of why you cut your loses early when you make a major mistake.
Feb 10, 2015, 7:27:09 PM