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I currently outside the country and am stuck with CNN international for news. It is all Greece, all the time.
I suspect that the Greeks spent their way into bankruptcy. Am I right?
Why would the Europeans get so upset if the Greeks left the Eurozone?
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Because Italy, Spain and Portugal are watching what happens.
They hate repaying their debt too. If Greece defaults and gets away with stealing billions of euros without paying a price, they might default and exit as well.
The EU doesn't want their weird system to fail, but the Greeks are being so, what's the word? Childish? They refuse to face reality and want to keep all the government spending that bankrupted them in place. Oh, and they would like to have more loans, please. They won't concede anything despite having no cards to play. Well that's not right, they know if they get booted from the EU it will ruin the Eurocrats' dream world they built.