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bintshaqra · 4132 days ago · link · · parent · post: Dan White: The economic return of Iceland has proved that the joke was on us
Though it is the business of Greece to keep its populace solvent, which according to some ideologues means its businesses. I do agree with you , in part. There is a higher up-front cost to doing what Iceland did, but arguably a better long term. But can the same thing happen when you're a part of an economic union like the EU? Greece's decisions, for better or worse (most likely worse), have to happen in the context of the EU. Reforming the EU would be an entirely different discussion, though.