Lake Erie Conservative

thoughtful discussion(s) about issue(s)

… Should Greece have Been in the Euro ?? [# No]…

Posted by paulfromwloh on Tuesday,November 29th,2016

.. to be honest , No ! ..

.. why ?

.. [h/t —]..
.. [link] to the blog post news …

.. first , their national financial statements .. Greece would have had to present them to the E.U. and the E.C.B. before being admitted to the Euro . Then , those statements would have had the have been audited . The results of that would have shown that those statement were as phony as a 3 dollar bill ..

.. second , even with proper financial statements , are the condition of Greece ‘ s national finances . There would have been no doubt that Greece would have been in no shape economically to handle the competition of being in the Euro , because their economy would be subject to stresses that it could not handle ..


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