Tuesday, June 30, 2015

Greece Defaults

Things are getting interesting:

Greece crisis live: 

Greece Becomes First Developed Country To Default To The IMF


  1. We read about this in Canada - how will it affect the economy in Holland? Are people in Holland upset that some of these countries that are economically unstable be allowed into the European union? Will this impact more countries in the future? Did the Euro raise the standard of living in Holland? ( All kinds of questions; sorry about that.)

  2. Marietta,

    most people in Holland are upset we keep giving them money which they seemingly aren't willing to repay. Whether it affects our economy and to which degree, remains to be seen, as to how this situation will keep developing. The euro didn't raise our living standards, but did raise the price of living. Hope this was helpful!