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errihu ago

Greece defaulting is pretty major news. This could mean significant change in the world situation, particularly if Greece turns to Russia. It would likely be in their best interests to do so, rather than continuing to pander to the IMF milking machine.

k_digi ago

It's a distinct possibility they will move and shift that way as the BRICS are the only other viable competitor, in ref to capital funding and infrastructure, i mean if they still want to "play" they way, traditionally though once the West kicks you out of it's "Extraction farm" you can't trade in any way, however BRICS opens the options.

yes i think they will move back to the Drachma and move that way and post a significant recovery. which will somewhat "pressure" Italy etc.

i.e then the whole group.