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TheSquirrel TheSquirrel 46-50, M 5 Answers Feb 12, 2012

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I certainly hope not .... <br />
... a union (like a marriage) is supposed to be for better and for worse, not just assets and a purse....

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The EU is an economic pact, not a spiritual bonding. If you need that, watch Edward and Bella.

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A economic pact not a suicide pact.....Greece took the easy road into their economic problems....they now have a hard road ahead.

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an economic bonding is probably far more intricate than a spiritual bonding. many business contracts are deeply depending on rules and regulations that are formed and shaped through economic constructions. If Greece leaves theEU (voluntarily or not) all those contracts become uncertain. something that is deeply more damaging than taking the bitter medicin of paying greek debts. Ehat is currently happening is friedmanically eradicating the Greek economic foundations. And there are only a limited number of companies benifiting from that. Certainly not the European citizen, and definitively not the Greek citizen.

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If it stays, the pact becomes untenable. The Greeks will not change their ways. They have been a story of sadness and poor decisions for centuries. The responsible countries are finally realizing that they should not have let Greece in in the first place. Better to cut their losses by getting rid of non-producing assets.

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that the Greeks have a poor history and are therfore untrustworthy for the future is nonsense..... and the more responsible countries are realizing that trust alone is not enough, but that certain accounting principles have to be enforced (and the GReeks certainly have some serious growing up to do!). But one will always be the weakest. Should the weakest always be culled? I hope not.... The Europact is a long term commitment, where long term is measured in a bit more than a single decade. What we are encountering now is a severe case of teething problems. kicking the greeks out is a short term solution, and a populist measure. When the going gets tough it is easy to turn on teh weakest. But what everybody seems to be forgetting is that certain banks and hedgers are part of the cause, and (interestingly enough) they are the only parties benefitting from this crisis. How come they are not held accountable? How come everybody looks at Greece when Goldman-Sachs is as much to blame?

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Greece has spent the money of Europe as wasteful !<br />
And now they cry. Make up your mind !<br />
(I'm European !...)

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It is sad that the rest of Europe put up with it for so long.

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