Greeks protest (once more) and burn German/Nazi flags (user search)
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  Greeks protest (once more) and burn German/Nazi flags (search mode)
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Author Topic: Greeks protest (once more) and burn German/Nazi flags  (Read 12848 times)
tpfkaw
wormyguy
Junior Chimp
*****
Posts: 9,118
United States


Political Matrix
E: -0.58, S: 1.65

« on: February 07, 2012, 12:24:20 PM »



LOL @ the glasses guy on the right...
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tpfkaw
wormyguy
Junior Chimp
*****
Posts: 9,118
United States


Political Matrix
E: -0.58, S: 1.65

« Reply #1 on: February 13, 2012, 03:24:49 PM »

All that's well and good, but wouldn't the value of the new Drachma go down to zero instantaneously?  It wouldn't really matter if it were allowed to float or not.
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tpfkaw
wormyguy
Junior Chimp
*****
Posts: 9,118
United States


Political Matrix
E: -0.58, S: 1.65

« Reply #2 on: February 13, 2012, 09:02:31 PM »

There's really no reason to devaluation-default anyway - it has all the negatives of a normal default and more.
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