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- The greatest problem is that the system needs reforming, but nobody has the courage or knows how. And being human, we do what we do best when we don't know what to do; nothing.
I agree that Europe and the ECB are paralyzed, but Greece doesn't have the luxury to wait and see anymore. IMHO if Greece is to bow out, they need to do it swiftly, and while it doesn't seem inevitable. Everyone knows that they cannot pay off the debts they do owe. It's my guess that they will leave the Euro in the next few months. You might be right about the hyperinflation. Crazy times.