Tuesday, November 22, 2011

Greece itself is not the problem

Peter Schiff : "Greece itself is not the problem," , "It's the moral hazards that result from how Greece is handled."

"If Greece were to separate from Europe and try to reclaim the Drachma, I think the pain that Greek citizens would suffer due to runaway inflation would be far worse than what they're going to get under austerity,"

"The Greeks are going to face a big decline in their standard of living regardless of what they choose," - in Yahoo Tech Ticker

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