Greece was set up by G.S., the World Bank and the IMF and the GCB. Greece was bankrupt 20 years ago and was living on borrowed money via G.S. deals. It should never have been allowed into the EUZ.
Nothing like Australia. All accounts under $250,000 aud in the main banks are guaranteed by the Australian government in the event of a bank under stress.
As in the last time the banks were bailed in Australia and paid the money back.
Unlike the EU which is a group of mostly small bankrupt countries they now have bail in laws, Australia does not.
