Greece in crisisAgree with stupidity of Greeks or naiivate but how do you foreclose on a country? Greece isn't
the first country to bankrupt itself and leaving the Euorozone would free them from further
austerity and debt payments as well as maintaIn their independance. They already voted against austerity so the next step is out. Best reform is some patriotic appeal to get everyone to pay
their taxes and to establish a silver backed currency that would be exchangeable for its value
in silver anywhere. Strict central bank controls over its silver reserves would give credibility
to its currency. Softer version of going on a gold standard, but acceptable for trade and
commerce until such time as Greece becomes viable and trustworthy as a country again.
Just my take on it. Any takers for Greek bonds? Anyone?