Seventeen men are blindfolded and tied together at the ankles. On they wander, and the weakest of them falls down a mineshaft. Due to the rope tying them together, the other sixteen men are pulled down the mineshaft after the weakest one.
Such is the Eurozone disaster about to unfold.
It really is perfectly ludicrous that we are waiting on an election result from Greece. Greece. A country which has gone through numerous contortions over the years going back to the Colonels’ takeover. Greece’s convulsions used to barely make it to page 97 of our papers. Stuff happened.
But now, because of one of most monumentally disastrous ventures in the history of modern man, the Euro, we are all in the thrall of the Greek people.
The next step?
Well, I think Greece could stay in the Euro and renegotiate its rescue package.
Failing that they should leave the Euro in as orderly a fashion as possible. And the rest of the Euro should be dismantled. The sooner this doomed experiment is consigned to history, the better.Tweet