greece

it looks like greece will be allowed to default as the plans are put in place for the aftermath. also greece will be allowed to remain in the euro. why would they? the best thing great britian ever did was not join. ever been on a picnic and when you unpack your euro basket the cake had been squashed- well the cake is greece, italy, spain, portugal and ireland. yes it is true that some of these countries are fiscally irresponsible but these countries are unevenly yoked. they need to determine their own monetary policy and sink or swim accordingly. the single european currency is totally dominated by france and germany but to be truly fair all member countries should have an equal say in policy. this wont happen- so it will fail. just like the idea of a world monetary standard. if it cant work in europe how is it going to work worldwide. i think this is why they are so desperate to make people believe that the euro is a success