Guardian: Reports " Markets slide as fears grow that Greece is close to defaulting on debt.Collapse in talks with creditors heightens default fears as Greek PM Alexis Tsipras attacks ‘five years of looting’ under bailouts "
Lets Get Real:
The money markets will take a hit once Greece has the grace to default, the question of the Euro will come up, can it last, what does it take for a long term secure Euro. Those are questions for later. Greece must think about bringing its own currency back, therefore the banks have to close to prevent people taking their money out in Euros and hiding them away. Then Greece needs a fire sale of ALL its assets, even historic buildings and Islands. The welfare system of Greece needs to scrapped, only the young and old should be looked after, everyone else should be forced to find their own lifeboat. The Greeks net to cut regulations on business and make Greece the place to have a business, no government red tape, become a safe heaven for business. These measures are hard but it will work for the future of Greece.
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