If Greece Leaves

If Greece exits the Euro, the world will not come to an end. The impact on many nations in the Euro-zone will be minimal. Even Germany, which has been spending the most to keep Greece afloat, will not collapse if the Greeks walk. Many nations will be reluctant to do business with the "new Greece" as it emerges. Ironically, at least in the short run, the country that will suffer most with a Greek exit from the Euro, will be Greece itself. The rest of Europe will be unburdened by not having to carry Greece, who has been acting as a "weak sister" pulling the rest down. The world economy did not collapse with Iceland or Cyprus and although Greece is larger, and more economically significant, the global economy will survive this too.