Yes, implied value with no actual basis for it is a recipe for disaster
everywhere eventually.
Brian

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From the Sofa of Brian Gaff Reply address is active
"gareth" wrote in message
...
"harryagain" wrote in message
...
Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow

IMHO, the solution lies with Greece defaulting (as they are bound to,
anyway) and saying that
the loan will be paid back in 100 / 500 /1000 years interest free, and
then to issue Drachmas
based on how many working people there are in Greece and how long they've
been working.

Borrowing money that can never be repaid is what the Brit and Yank
governments do
anyway, so it's just not Greece.

The whole Tower Of Babel is based on make-believe.