From purely a spreadsheet / bank ledger point of view - they should fail. Countries with strong economies are pouring good money after bad in greece. Greece is a perfect example of WHY you do not want a HUGE welfare state in the USA that Obama is trying to give us and hillaroid vows to continue.
Simply put: someone. Has. To.
Pay. The. Bills.
Eventually. Period. Eventually, you run out of other people's money.
Greece is failing be cause they want to maintain the status quo.. 'gimme, gimme, gimme!' and simply refuses to make the tough cuts to social programs and other spending they know NEEDS to be cut. It's like our out of control spending in the USA... the LAST thing you do for a person (or in this case, country) with a spending problem is give them another line of credit...another credit card...or raise their debt ceiling! You can't charge your monthly payments!
Eventually, the bill has to be paid! I did not get a perfect credit score by letting balances run, being late on payments, etc. neither will greece. They are beyond hope.
The world needs bad examples. We need some people to show us what happens when you make mistakes. So yes, it's good if Greece continues to screw up their economy more and more.
I'm hoping that they heavily tax people and really cause a big depression so let people know how badly socialism works in the real world. Back in the 1980's we had the Soviet Union to show us how miserably government control of the economy worked. Now we have Greece.
We should thank them.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.