Grexit (the scenarios of Greece and the Euro zone)

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Quick view of the model (open complete model with iMODELER):

Description

Here I would like to start a collaborative model on the latest arguments concerning Greece and the EU
The collaboration link:
https://www.imodeler.info/collab?id=BuPFDcH7JLtC57zdYX3Rh0g

2004 views

Increase of low pensions

Germany compensates for WW2

state budget

Greece cannot afford imports

Lack of tech for data management

Widespread corruption

growing nationalism in the rich countries as well

Continued devaluation of Drachme

Economy of rich countries in the EU

Debt cuts

Interest rates

Debts

Interests from debts

Investment into education and R&D

Investment in infrastructure

Economy in Greece

People's pension

Jobs in Greece

Lower wages

Income tax

Tax fraud

Exemption for shipowners

Taxation of rich people

Structural reforms in Greece

Austerity measures of Greece

Tax income of Greece

EU declines further credits

Greece goes bankrupt (needs to print own money)

Devaluation of EURO

Other countries leaving the EURO zone as well

Risk of domino effect

Grexit (Greece leaving the EURO zone)

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Comments (4)

Kai Neumann

Handelsblatt reports of a study that shows that the money went rather to the banks than to the people/public: https://global.handelsblatt.com/edition/423/ressort/politics/article/study-finds-greek-bailouts-save...

They sort of discuss this topic on linkedin ( https://www.linkedin.com/groups/Greece-is-crisis-over-3037%2ES%2E5977204035189567489?view=&item=5977.... ) and point to cultural factors like corruption and outdated administration techniques. Would be nice to add them to the model as well, wouldn't it?

Kai Neumann

I have just added that Greek companies and the government would get money in their own currency and yet they would have to pay in EURO or Dollar and the existing debts would remain in EURO as well.

Grexit (the scenarios of Greece and the Euro zone)

Description

Add Your Comment:

Comments (4)

Kai Neumann

Emma

Kai Neumann

Kai Neumann

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