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Greece: Too Big To Fail?

Perhaps. Everybody in Europe is scared above all of a chain reaction with Portugal, Spain and Ireland following a Greek collapse. That would be a disaster.
 
what does greece provide of value besides feta? thats why they wanted in the EU
 
Shouldn't we wait until the Bush tax cuts sunset?
 
Perhaps. Everybody in Europe is scared above all of a chain reaction with Portugal, Spain and Ireland following a Greek collapse. That would be a disaster.

add Italy
 
Italy could balance the budget by eliminating Berlesconi's whore payments.
 
add Italy

PIIGS is one of the more helpful acronyms out there.

I don't know how I feel about this. It's hard for me to comprehend what would happen for a major country to go under. But at the same time, screw the European Union for letting losers into their club.
 
OK, so there's the feta and fraternities. Other than that, what have the Greeks ever done for us?

Provided the backdrop for the hit musical turned movie, Mamma Mia, featuring the smash hits of ABBA.

And there's also Greek sex which means
PIITB
 
They did give us Bacchus the God of Wine, so they've got that going for them. They also gave us nude statuary... the birth of porn.
 
On a serious note, what have the Greeks done to tighten their belt? Have they taken any serious steps to shrink their ridiculous bureaucracy?
 
On a serious note, what have the Greeks done to tighten their belt? Have they taken any serious steps to shrink their ridiculous bureaucracy?

This. Put them on a 5 year austerity plan. If they don't follow the conditions, get them off the euro over the next 5 years.
 
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