From the NYT:
Having been led down an ever-worsening spiral by the euro zone and its own government, Greece now faces two options, both of them painful: stay the course, or default and exit the monetary union. Each presents difficulties and uncertainties, but in the long run there is no question that default, and a return to the drachma, offer the better chance of economic growth and employment.

For the full story, please visit http://www.nytimes.com/2011/11/10/opinion/how-greece-could-leave-the-eur....

 

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