Should Greece Be Allowed to Default?

Forget about Greece for a moment. Just think about country X, which has lived well beyond its means for years thanks to loans from inattentive or foolishly optimistic lenders. When the financial crisis comes, the people of the country will have to cut back on spending. And the country’s lenders will generally suffer from the famous rule of banking: “Can’t pay, won’t pay.”
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The Greek problem is important for the world, because the country has a particularly acute case of a common financial disease: debts that are too large to be serviced by its current incomes. The leverage-fed global bubble in asset prices has left many individuals, some companies and a daunting list of countries at credible risk of default whenever interest rates rise from their current ultralow levels. The United States and the Britain are certainly on the list, Breakingviews says.
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Το άρθρο αυτό απλά βγάζει τις τσίμπλες σχετικά με το τι ακριβώς απόφαση πήραν στις 25-3-2010 [Παράκαμψη του ΔΝΤ θέλει η Ελλάδα - ΜΝΙ]:
Η Ελλάς δεν μπορεί να πτωχεύσει... Το έγραψε ο gr, το έγραψα κι εγώ..
Αυτά διαβάζουν εχθές και σήμερα οι τρέϊντερς με τις φορμίτσες και πάνε τα σπριέεντς στις 350...

Η ψύχραιμη ματιά βέβαια είναι αυτή.