Does that seem plausible to you?

[Delenda Carthago]

http://krugman.blogs.nytimes.com/2012/05/13/eurodammerung-2/?src=tp

[Sinister Cultural Marxist]

I think it depends on how plausible the EU leaders think a Greek pro-austerity government is. From their actions, they seem to be increasingly aware of how politically untenable such a regime would be, especially in the longterm. If they couldn't get one after this last election, they probably see the likelihood of ever making another could well be dead in the water. This will necessarily require ... drastic measures at some point, whether or not Krugman's predictions are correct.

It could force the issue of a eurozone exit for Greece and maybe other countries within those nations, which would have huge ramifications.

[Koba Junior]

I'm not sure how plausible it is, but the end of the euro has very interesting implications for the international communist movement.

[Delenda Carthago]

I think it depends on how plausible the EU leaders think a Greek pro-austerity government is. From their actions, they seem to be increasingly aware of how politically untenable such a regime would be, especially in the longterm. If they couldn't get one after this last election, they probably see the likelihood of ever making another could well be dead in the water. This will necessarily require ... drastic measures at some point, whether or not Krugman's predictions are correct.

It could force the issue of a eurozone exit for Greece and maybe other countries within those nations, which would have huge ramifications.
So you think that Greece leaving the eurozone, would lead to the end of euro in general through this chain of events?

[campesino]

If the Greece leaves the Eurozone, an Allende-style intervention might take place in Greece.

[Sinister Cultural Marxist]

So you think that Greece leaving the eurozone, would lead to the end of euro in general through this chain of events?

Worst case scenario, yes, although the EU technocrats will do their level-headed best to stop it from happening. Either way, the Greek election freaked them the fuck out. It is always funny when bourgeois democracy undermines the plans of the bourgeois.

[Tim Cornelis]

Well, I know I shouldn't appeal to authority. But Paul Krugman is an economist, and not just some neoclassical, right-wing economist, but a fairly reasonable moderate left-wing economist. So I guess (which all it is) it is plausible.

Also, spontaneous working-class revolution, communism at the end of next month.

[Permanent Revolutionary]

A Greek EU-exit seems more likely by the day, but i doubt the Euro and EU will collapse because of it.
In any case, the election in June will be very interesting to follow

[Delenda Carthago]

What is the % of Greece's debt to the whole European Unions Debt? What other countries have debts that are about to "explode" and what is that ratio comparing to Greece's? Which countries have production to overcome their debt?