Re: Re: Official- Greek Debt worst in the World


I agree that when you look at the bigger picture Greece’s debt can comfortably be absorbed by the Eurozone. However, the markets are not always rational so anything may happen.

I suspect that Germany’s actions are a marker for other countries like Ireland and Spain that if you get yourself into trouble then there will be no white knight in shining armour riding in to bail them out in a pain free way. I also think that Merkel’s statements are made with one eye on the German electorate