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A Geography Scrapbook
interesting (?) geography stuff
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What if Greece quits the euro?

What if Greece quits the euro? | A Geography Scrapbook | Scoop.it
A Greek exit from the euro has become a bomb fizzling at the heart of the eurozone. What could happen if it explodes?

Via Seth Dixon
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Kelsey Grill's curator insight, December 3, 2013 3:47 PM

This is really interesting. When I was learning about this I realized that Greece is pretty much screwed no matter what they do. However, if they leave it will hurt more countries than if they just stick to the euro.

Lauren Stahowiak's curator insight, February 27, 5:05 PM

Money controls everything. Because parliament has to make some budget cuts, money must be spent elsewhere. Because of this, Greece leaving the euro could lead to a downward spiral including a sovereign debt crisis, a recession and political backlash. Should Greece keep the euro?

Nathan Chasse's curator insight, March 17, 8:02 AM

This article explains eight possible outcomes of Greece leaving the Euro Zone. None of them favorable for Europe, except maybe the UK which could possibly borrow more cheaply. For the rest of Europe, the results are either increased burdens for the more economically strong EZ nations like Germany, or a domino effect which accelerates the decline of the struggling economies of countries like Italy and Spain.

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Hope during Economic Crisis

Flashmob en Madrid (España) organizado por el programa de radio CARNE CRUDA 2.0 Martes y jueves, 16:00, http://www.carnecruda20.es Lunes, miércoles y viernes...

Via Seth Dixon
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Emma Lafleur's curator insight, March 30, 2013 3:18 PM

A great video to show some hope in a hard time.

Shelby Porter's comment, September 19, 2013 1:46 PM
This video is a great example of what a difference someone can make. Before this group started playing, you could see that most of the people on that room looked down, but they certainly got some sun and happiness brought to them. It doesn't matter where in the world you are, the littlest things can certainly make a difference.
Lauren Stahowiak's curator insight, February 27, 5:21 PM

Flashmobs bring so much positive energy to any environment. In Madrid, this video shows how positive vibes from music are contagious and transmitted into positive energy at an unemployment office. "Here comes the Sun" is a way of saying things are going to get better, just look at the bright side.