Greece, a country left with no good choices

I took part in a radio discussion on Thursday with KCRW presenter Warren Olney. The subject was: Greece, a country left with no good choices.

The panel included Russel Shorto, the author who wrote a very good piece about Greece called ‘The Way Greeks Live Now’ for the New York Times Magazine: http://www.nytimes.com/2012/02/19/magazine/the-way-greeks-live-now.html?_r=1&scp=1&sq=Russel%20Shorto&st=cse

The other two participants were Charles Wyplosz from the International Center for Money and Banking Studies and Jennifer McKeown of Capital Economics.

It made for a very interesting discussion both with regards to the limited economic options Greece has but also about the country’s tarnished image.

Please listen if you get the chance:

http://www.kcrw.com/news/programs/tp/tp120223greece_a_country_lef

3 responses to “Greece, a country left with no good choices

  1. Excellent balanced article here from the Peterson Institute; “A Bad Eurogroup Decision on Greece.”

    http://www.iie.com/realtime/?p=2713

  2. Eliminate Merkel; that’s the only choice if not sworn duty of all Europeans.

  3. Well, we now know that even attempting (let alone subscribing to) the PSI has lead to a selective default. In other words all the attempts by Greek politicians to avoid bankruptcy were for nothing. And please, let’s not debate the technical side of a selective default. If it looks like duck, walks like a duck and quacks like a duck, it’s probably a duck.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s