A Future for Greece?
The financial world is holding its breath as negotiations between Greece and creditors attempt to agree upon a deal. Many experts are making predictions on the outcome of these negotiations. Larry Summers stated in the Financial Times:
When Greece fails as a state, Europe will collect far less debt than it would with an orderly debt restructuring. And a massive northern out-migration of Greeks will strain national budgets throughout Europe — not to mention the challenges that will come as Russia achieves a presence in Greece.
What do you think will be the financial state of Greece in five years?
It's fucked.
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