In really simplistic terms,Greece is like your useless,irresponsible relative who pisses their money away whilst you work hard and save for a rainy day.
When they can't pay their bills they ask you to pay them.
If they bail out Greece,then they set a precedent and will need to bail out the others.
Greece will need to make serious cuts to their spending otherwise Germany and co will tell them go jump.
We are in the end game now.
The days of living beyond your means is over.
People will be rioting in the streets of Athens, but it would do any good.
The money has all gone and the wealthier countries can't and wont bail them out.
Their taxpayers wont allow it.
Would you like you taxes spent this way?
It's every man (and country) for themselves these days.
