How the more fiscally responsible countries in Europe should feel about Greece’s “threat” of exiting the Euro
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I've been reading a bit about this. So assuming Greece exits the Euro, the initial reaction will probably be to sell the Euro, even though long term it's good for the Euro? So if this happens and the Euro is hit, it might be a good idea to go long?
EU won't allow a Greece exit because of the chaos that will ensue.
The problem if Greece leaves, is that other countries will most likely want to leave too. Germans would have no reason to stick around seeing as they'll still be paying for Spain, Ireland, Portugal, Italy, etc. (France soon probably). The entire Euro would very possibly crumble.
"Fiscally responsible countries in Europe"
...lol
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