''It is alleged that Greece has two problems. An overvalued currency and too much debt. The link between the two is that a cheaper currency would spur on economic growth and thereby alleviate the debt problem. So far so good. It all makes sense. But now everything becomes completely muddled.
Greece has four options based on its two problems''
- Default and stay in the euro
- Default and leave the euro
- Don't default, and stay in the euro
- Don't default and leave the euro
No comments:
Post a Comment