The Mudcat Café TM
Thread #157574   Message #3719744
Posted By: Steve Shaw
29-Jun-15 - 10:20 AM
Thread Name: BS: Greece in meltdown? What do you think?
Subject: RE: BS: Greece in meltdown? What do you think?
Yes they should, HiLo. The big EU economies have done bloody well out of the euro and now it's payback time. A single currency for an extremely diverse bunch of nations was a terrible idea. The poorest nations can't do what they need to do, devalue their currencies, which is a large part of the problem. The richest ones are obliged to keep those countries afloat.   Moralising at nations who have been on their uppers for years largely because of circumstances out of their control (and isn't hindsight a wonderful thing) is highly hypocritical.