@georgeob1,
Quote:You haven't offered any useful commentary on this tradeoff yet.
I said that if Europe will not do it then we have to hope that China does. Which you have to know is true. If china will not then may that is wise for them, maybe not, I took no position on the matter. You are not going to get the reforms that you want if Greece comes apart, you are going to get Afghanistan, Somalia, Yemen....in Europe.
That cant be allowed to happen.
And other thing, Greece somewhere has to get some credit for their record of defense spending, and for their good relationships with nations that the Europeans need better relationships with. I think the fix is for Europe to argue that Greece is a special case, that they are going to get extra consideration because of the other things that they bring to the table, and because bad EU/IMF policy put them through unneeded hell for 5 years. Greece has not done everything that they were told to do but they did most, and they are no better off now than they were 5 years ago. The policy imposed upon them failed. When what you are doing does not work do something else, anything else.