Options
The Just Elected Greeks Want to Stay in the Euro - The EU Wants Greece in the Euro - Could the ECB..
MsMorrisine
Posts: 32,225 ✭✭✭✭✭
Here we go into another week of the same thing.
Stay in the Euro seems to be agreed upon.
The problem is how.
The Greeks want to keep their government jobs and pensions.
Reducing Government Spending just caused Greece to slow even more.
Then the President at the G8 says "growth."
How could they drum up enough growth for Greece and lessen their debt burden?
Could the ECB ....
do a QE and use the money to retire Greek debt and pay for Greek infrastructure programs ?
Are we looking at a EU-QE ???
(personally, at this point, I'm still in favor of Greece declaring bankruptcy and leaving the Eurozone. The ECB could do a lot better job saving Italy, Spain, et al. without Greece's """issues.""")
Stay in the Euro seems to be agreed upon.
The problem is how.
The Greeks want to keep their government jobs and pensions.
Reducing Government Spending just caused Greece to slow even more.
Then the President at the G8 says "growth."
How could they drum up enough growth for Greece and lessen their debt burden?
Could the ECB ....
do a QE and use the money to retire Greek debt and pay for Greek infrastructure programs ?
Are we looking at a EU-QE ???
(personally, at this point, I'm still in favor of Greece declaring bankruptcy and leaving the Eurozone. The ECB could do a lot better job saving Italy, Spain, et al. without Greece's """issues.""")
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
0
Comments
<< <i>Greece staying can only drag the Euro down. >>
Which is great news for the German economy!!
Knowledge is the enemy of fear
Give Me Liberty or Give Me Debt
<< <i>Germany will soon realize that the first one out has the best chance of survival. Look for Germany to exit. >>
Not gonna happen in my lifetime. And I hope i'm only 1/2 dead.
Knowledge is the enemy of fear