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In reply to the discussion: Europe's big guns warn Greek voters that a no vote means euro exit [View all]Xolodno
(6,383 posts)24. They import a lot because...
...they don't have (what I recall from my Economic Trade Theory courses)...a comparative advantage at numerous levels. Hence, when they joined the EU, a lot of companies probably exited the area to take advantages and efficiencies the EU brought.
People in Greece are still going to have needs and wants they can afford. And someone is going to find a way to fill that void. They have to, money is to be made.
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Europe's big guns warn Greek voters that a no vote means euro exit [View all]
brooklynite
Jun 2015
OP
For all the talk of Germany vs Greece, it really seems that it's Greece vs the rest of Europe
geek tragedy
Jun 2015
#1
True. And for us in California, we may have to do that through different technology than
JDPriestly
Jun 2015
#4
If the Chinese are willing to throw their money at Greece, they should go for it.
geek tragedy
Jun 2015
#6
Manufacturing is America's forth largest employer according to the US Government.
hack89
Jun 2015
#44
In terms of the political and strategic balance in the world, it is about the most short-sighted,
JDPriestly
Jun 2015
#13
If this left of center government fails when the economy falls apart, Greece
JDPriestly
Jun 2015
#38
True. But it will be very painful. And the geopolitical repercussions could be tremendous
JDPriestly
Jun 2015
#15
I wouldn't be surprised if they've fired up the Drachma printing presses already <nt>
bigworld
Jun 2015
#21
Technical Note: Historians of World War I might disagree with you about Belgium's
KingCharlemagne
Jun 2015
#48