But again, I think you'd acknowledge the probability of this working out like this is the last bailout and they're going to get all the policies right is quite small. Correct. So The next step will be another bailout further in the future and they will never address the root cause of problem which is these awful economic indicators, lack of economic freedom and as a result high unemployment, awful business creation. that type of thing. So game it out. Yeah, I think, I think if the change in the currency obviously would have some of the effects you mentioned, it wouldn't last forever. (15:56–16:13)
CLAIM
Predicts future bailouts for Greece due to unresolved economic issues like high unemployment and poor business creation.
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