Greece’s bailout ends tomorrow. The euro was supposed to solve the problem of transferring money efficiently and prevent the loss of money upon leaving European countries.
This Cultural Economist was not a fan of the euro consolidation. Que sera sera what will be will be as the Greek economy is in spiraling downfall.
This is not only as Greek problem but a world problem.
If the Greek economy is not repaired there will be a spiraling effect. Europe will undoubtedly suffer impacting the world economy. Already the US Dow is down, cautiously awaiting an outcome. Greece needs relief!