Greek Crisis: Think You Can Do Better?

Submitted by Chris Gaetano on Fri, 02/24/2012 - 14:03

If you’re as fascinated by the European sovereign debt crisis as we are, you’ve probably begun a fair number of sentences with “If only the Greeks would…” or “The European Union should…” or “We need to get Germany, France and the U.K. to…” and various other pronouncements of armchair economics. Global finance blog Crooked Timber has gifted macroeconomic policy nerds everywhere with “So, what would your plan for Greece be?” We’re so glad they asked. The post is written in the style of the popular Choose Your Own Adventure books, except instead of deciding whether or not you push the vampire out the window or douse him with holy water, you decide on factors such as whether Greece should remain on the Euro, whether more fiscal transfers are better than a plain old default, and the degree of private sector write-down you think lenders could stand.

What’s your plan?
 

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