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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

06/24/15 at 2:24 PM CDT

 

 

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Sentiment:

Neutral

Greekhaustion

I certainly have reached that point.  

The following is most certainly an oversimplification of the situation, but it is as I see it:

Alexis Tsipras is playing the same game of brinkmanship as creditor banks and Nations are. From where I sit, I think Tsipras is doing it better in this high stakes game.  This is evidenced by the fact that Greece has not been cut off in all the years we have been going through this drama.   Greece continues to offer no real solution to its deep troubles, they will most certainly continue.

I am Greekausted and frankly I wish Greece exits the EU. Why?  Because it virtualy is out.  Germany should just admit this is an unresolvable situation and Greece should be allowed to exit, and Germany take its lumps and walk away.  But that seems to be the issue, Germany somehow wants Greece in the EU (because of the favorable trade, most likely, even though trade between the two countries has to be in the toilet), even though it knows the Greeks are reluctant to really make the required changes and without those changes the problem simply cannot go away.

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