The Greece issue

In the five minutes I spent idling waiting to put my son to bed, I solved the Greek debt crisis.

What they need to do is this;

Bail out of the Euro zone and go back to the Drachma.
Print enough Drachma to cover any debts they have with the IMF and print enough spare to give the Greek citizens a few thousand Drachma each. They could then spend this like water which punts it all back into the Greek economy. Whilst they are printing Drachma, they could print off enough to send to me to cover the purchase of a Dodge challenger in black and a 1953 blonde Fender Telecaster.

thank you, my Genius is free.

(apart from the aforementioned car and guitar.)

You should start a TV series with a Dodge Changer with the British fag on it a call it the Dukes of Harvard

I was reading articles trying to understand the issues in Greece

but im still clueless..

i seriously have no ability to understand finances

lmao

GENUINLY LMFAO!!

Darren you're epic go and apply for the PM's job and i'll vote hahahaha

If Greece drops out it is the US that profits short term.

The Euro will take a hit, strengthening the dollar, making imports cheaper & tourism more reasonable.

But the weak Euro also cuts Europe's ability to import from the US, thereby hurting the US economy in the mid-term.

The Euro countries will be buying up currency, shrinking the Euros available on the market place, driving the Euro back up.

The currencies will see-saw widely for a time before finding equilibrium.

Meanwhile, the Drachma would see hyper-inflation as it would not be backed by a solid economic program. After all, if they could not establish an austerity budget to stay in the Euro they wouldn't have it after they drop out. The more Drachmas they print, the less they're worth. Greece will find it almost impossible to import necessities, but ironically they would be able to export unbelievably well as the price of their goods would be cheap on the world market.
Within Greece there would arise a black market in other currencies, in particular the Euro and the Dollar.

Ok, I'm a geek