A Novel Solution for the Greek Debt Crisis: Join Turkey
Posted: 07/08/2015 6:36 pm EDT Updated: 07/08/2015 6:59 pm EDT
Should they stay or should they go? Last weekend, Greeks voted in a hastily-organized referendum that gave the proverbial finger to the country's creditors. With insurmountable debts, Greece's populist government is threatening to leave the Euro, something for which there is no precedent and no mechanism. On the European side, creditors insist on painful economic cuts. No one is quite sure what will happen next, and the only thing everyone agrees on is that a Greek departure from the Euro would be ugly and painful.
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