It has been obvious for some time that the creation of the euro was a terrible mistake…. But the situation in Greece has now reached what looks like a point of no return.
“VOA will present the policies of the United States clearly and effectively, and will also present responsible discussion and opinion on these policies.” — VOA Charter
Let Greece Leave the Eurozone
The bailout plan may rescue Europe — by restoring German-French amity and signaling that the currency union is intact. But it won’t rescue Greece….The kinder approach might be to let Greece leave the euro zone, in what might be called an assisted transition.