World Wide Markets Fall - Greece

Guardian: Reports on the fall of shares worldwide due to the believe that the bailout of Greece by the EU and the IMF will not be enough to stop Greece infecting the rest of Europe. One can postulate that Greece will not meet its side of the agreement, in real terms Athens would have to have deep cuts in the public sector, in other words the Greek people would hurt for years. Thus it can be argued that down the line that Greece will become the Germany of late 20s/30s of the EU. As Greece falls she will infect Spain, Portugal, Italy and Ireland. This could lead to another Great Depression, then we shall see the real books for the UK, how much red ink is the UK Treasury, no Political Party wants to tell the truth to the UK voter, why would they put their head in the firing line of the voter. Thus my previous argument that the EU should allow Greece to fail, allow her to go bankrupt then restart the Greek economy, all the present bailout will do is spin the Greek economy, then Greece will fall and take the rest of the EU with Mount Olympus.