How does one leave the Eurozone?

The question of how currency unions break down has come to the forefront of the European debt crisis. The particular concern is Greece ceding from the Eurozone.

I have been following the Greek crisis and have posted a significant number of the news articles regarding Greece to my Twitter feed (which is linked on this page). Continue reading

Blog: Check out Fears of Sovereign Debt Default Enter the Forex Fray

Forex Blog has an article by Adam Kritzer entitled Fears of Sovereign Debt Default Enter the Forex Fray. Adam’s article focuses on Government debt as a percentage of GDP, and in particular contrasts the high debt as a percentage of GDP for the developed states with that of the fiscally conservative developing nations (which developing nations, one might say, have already learned their lessons on debt).