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On 2/25/15 5:37 PM, Marv Gandall wrote:
There is a lot of scaremongering about a Grexit, and not only by nervous investors.
I have yet to see anybody make the case that there wouldn't be at least than 2 years of pain but even if there was, the real problem is the underlying economy. Greece is suffering for the same reasons much of Eastern Europe is suffering. Its industrial base is third-tier. All this talk about the drachma versus the euro makes it sound like currency is the issue when it is one of a falling rate of profit.
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