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Greece Vote
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<blockquote data-quote="LibertyTurns" data-source="post: 159075" data-attributes="member: 789"><p>There was one of the "few in the world" currency developers on Sunday morning and he said it would be 9 months before Greece could float a new currency.</p><p></p><p>First there's the technical issues- design, security features, etc plus sourcing of the paper. Then there's reprogramming of the ATM, banks, cash registers, etc.</p><p></p><p>Last but not least is what is the currency worth compared to anything else. You have to be able to give someone your "new drachma" and have them hand over your goods or provide your services. Would you do that? I wouldn't. They're broke and can't generate enough cash to pay their bills until post-2025. Look at Argentina for a good example and they're sitting on a ton of oil. Greece has nothing.</p></blockquote><p></p>
[QUOTE="LibertyTurns, post: 159075, member: 789"] There was one of the "few in the world" currency developers on Sunday morning and he said it would be 9 months before Greece could float a new currency. First there's the technical issues- design, security features, etc plus sourcing of the paper. Then there's reprogramming of the ATM, banks, cash registers, etc. Last but not least is what is the currency worth compared to anything else. You have to be able to give someone your "new drachma" and have them hand over your goods or provide your services. Would you do that? I wouldn't. They're broke and can't generate enough cash to pay their bills until post-2025. Look at Argentina for a good example and they're sitting on a ton of oil. Greece has nothing. [/QUOTE]
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