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Subject Can someone explain to me why Greece defaulting is such a big deal?
Poster Handle Deus Ex
Post Content
Is it the default or all the wasted money trying to prevent the default that is going to drag down the rest of the world?
I cannot think of one single item I buy that is of Greek origin. Not to be "American" about it... but I am trying to understand this.

Seems a Greek default would be good for American business. I do know Greece builds a significant portion of the world container ships, wouldn't manufacturing just move to a more stable country like Norway or Kenya? (Kenya was a joke)

But someone who is smarter than me, PLEASE give me the cliff notes version.

THX and peace
 
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