Is it all over for the Euro?
Posted by ross662402008
So after teetering on the edge for the last few months and a deal being reached with the other governments the Greeks have now decided to play politics with the situation and call a referendum. This is throwing the situation back to the edge of the abyss.
Are we now on the edge of a bigger crisis than back in 2008? It feels like we are. Some papers are also speculating that Greece is on the edge of a Military Coup! How would that go down in Euroland?
How can we get out the situation? Where is the leadership? Its OK for Sarkozy to say that Greece should never have been allowed in the Euro but we all know that hindsight is 20:20. Its also worth remembering that the books that were cooked to let Greece into the Club were done by Goldman Sachs.
Well hopefully the next time I get something off my chest here the crisis will be sorted out and the world economy will be growing again, somehow I don't think that will be the case!
Tags: Credit Crunch, World Politics