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Greece's debt crisis odyssey - article worth a read
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A lot of things would be different if the western world had understood the nature of its predicament 3 years ago, but at the time, everybody was still working on ridiculously optimistic growth projections.if greece had defaulted 3 years ago and left the euro then both they and everyone else would probably be much better off by now;
Unfortunately not a lot has changed since, because the First World has still not yet understood that in the 21st century it will no longer make a living out of being the First World."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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