{"id":108,"date":"2012-02-07T12:25:32","date_gmt":"2012-02-07T10:25:32","guid":{"rendered":"http:\/\/parina.gr\/blog\/?p=108"},"modified":"2012-02-07T12:25:32","modified_gmt":"2012-02-07T10:25:32","slug":"how-not-to-manage-a-sovereign-debt-crisis","status":"publish","type":"post","link":"http:\/\/parina.gr\/blog\/how-not-to-manage-a-sovereign-debt-crisis\/","title":{"rendered":"How Not To Manage a Sovereign Debt Crisis"},"content":{"rendered":"<p>Greece is facing a dilemma. A simple one really. Either we accept the destructive terms of the new loan and crash completely in a few months. Or else we don&#8217;t accept this new poison and crash in a month. Not much to chose from.<\/p>\n<p>Only in the first case we crash on our own and all that is left of Greece is what can be found in the history books. A bit like Carthage. Whereas in the second case we crash like Samson and take the Temple of Euroland down with us. Again Greece will be consigned to the history books.<\/p>\n<p>Or perhaps not the history books but the Economics manuals. Under How NOT to manage a sovereign debt crisis. <\/p>\n<div data-counters='1' data-style='square' data-size='regular' data-url='http:\/\/parina.gr\/blog\/how-not-to-manage-a-sovereign-debt-crisis\/' data-title='How Not To Manage a Sovereign Debt Crisis' class='linksalpha_container linksalpha_app_3'><a href='\/\/www.linksalpha.com\/share?network='facebook' class='linksalpha_icon_facebook'><\/a><a href='\/\/www.linksalpha.com\/share?network='twitter' class='linksalpha_icon_twitter'><\/a><a href='\/\/www.linksalpha.com\/share?network='googleplus' class='linksalpha_icon_googleplus'><\/a><a href='\/\/www.linksalpha.com\/share?network='mail' class='linksalpha_icon_mail'><\/a><\/div><div data-position='' data-url='http:\/\/parina.gr\/blog\/how-not-to-manage-a-sovereign-debt-crisis\/' data-title='How Not To Manage a Sovereign Debt Crisis' class='linksalpha_container linksalpha_app_7'><a href='\/\/www.linksalpha.com\/share?network='facebook' class='linksalpha_icon_facebook'><\/a><a href='\/\/www.linksalpha.com\/share?network='twitter' class='linksalpha_icon_twitter'><\/a><a href='\/\/www.linksalpha.com\/share?network='googleplus' class='linksalpha_icon_googleplus'><\/a><a href='\/\/www.linksalpha.com\/share?network='mail' class='linksalpha_icon_mail'><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Greece is facing a dilemma. A simple one really. Either we accept the destructive terms of the new loan and crash completely in a few months. Or else we don&#8217;t accept this new poison and crash in a month. Not much to chose from. Only in the first case we crash on our own and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/posts\/108"}],"collection":[{"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/comments?post=108"}],"version-history":[{"count":0,"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/posts\/108\/revisions"}],"wp:attachment":[{"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/media?parent=108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/categories?post=108"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/parina.gr\/blog\/wp-json\/wp\/v2\/tags?post=108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}