It’s Time to Pull the Plug on Greece’s Life Support
The European Union just made a tough decision, deciding to stop bailing out Greece and to start letting them fend for themselves.
Greece owes 1.6 billion euros ($1.78 billion), and that payment was supposed to be due on Tuesday.
Banks and stock markets have partially reopened after being closed for a few days, the American markets have suffered because of it, and the fate of Greece rests on how these few days shake out.
It’s time for Greece and its citizens to finally stand on their own two feet, and leaving the EU would be one way to do it.
All of the “wizards of smart” being interviewed on the news about Greece say that leaving the EU would be detrimental or even fatal to the country’s economy, but that is just malarkey.