The fabled "domino effect" rears its ugly head again. Whatever happens it is the wealthy ones who are able to transfer their money into "safe havens" who will benefit whilst the rest of us suffer the 1930's effect. Greece is one of the most independent of states so i do not think the people are too much worried about what happens elsewhere should they default or return to their previous currency. The collapse of the present system,whilst creating great hardship for most,might be necessary so a more equitable and sustainable one can be rebuilt. Bretton Woods died years ago and the present system has been bailed out by the taxpayer too many times for this to continue.
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