Quote:
Originally Posted by LektorAJ
It would depend how many drachmas you would have to pay for things compared to how many euros now.
As we both know the point of currency sovereignity is that you can print your own currency. They'd print (or digitally create blah blah blah) drachmas, a lot of them, devaluing the currency to the point where they could offer attractive deals to tourists et al.
They can't do this now. Because they are in the euro. The Germans are paying them for a service, they aren't doing it out of the goodness of their little teutonic hearts. If Greece leaves it will really hurt Germany.
What surprises me is that the Greeks didn't tell the EU to f*** off long ago and take their austerity with them. Certainly enough people in the UK saw that ****show and thought to themselves "I never want that to be us".