Boris says it as he thinks…
Boris Johnson: let Greece go bankrupt and leave the euro
Britain should refuse to contribute to a second bail-out of Greece and the country should be allowed to default on its debts and leave the euro, Boris Johnson has said.
Telegraph article here.
Eric comment: I’m not sure how much exposure there is to Greece for British banks (funding, loans etc), or how many British businesses are reliant on Greece, but I would speculate that any bailout would cost us, as a nation, much more. Those bubbles are lazy bastards. Back in the stone age. Civil service attitude. All on the fiddle. I had a mate who worked there (for nearly 6 years). He had some good summaries.