Greek crisis in one line

“Weather is a great metaphor for life-sometimes it’s good, sometimes ,it’s bad, and there’s nothing much you can  do  about it but carry on umbrella or to dance in the rain”, is an apt quote to capture the existential dilemma of the country Greece known for its ancient civilization and the march of democracy. Ever since it joined  the Euro-Zone circus it has enjoyed the advantages of low inflation and the low interest rate but also suffered from the debt as it continued to live beyond its means perpetually as if there was no tomorrow.

The Result: It is now trapped into a serious economic mess and the devil speaks the truth   yes  IMF says the huge debt of Greece is unpayable and unsustainable  making us to remember what Keynes told  in the3  20’s that war reparation payment SOUGHT FROM The defeated power Germany was just impossible. That Germany has forgotten the past   and also the series of debt relief it got from the U.S during post war period and refuses to see the cracks on the EURO wall by denying debt relief and imposing austerity measures which will do more damage to Germany and also to euro experiment.

What I told for 90 minutes I cannot type now. To tell the story in one sentence we shall go back to the quote. Greece cannot afford to dance in the rain(remain in the euro union enjoy and suffer) but exit from it(take its own currency and get some long run protection after undergoing short term chaos.