Greece is stuck. The alternative is Zimbabwe inflation.
Not necessarily.
Greece can declare itself free of the EU, eliminate taxes on business except for sales tax, eliminate taxes on pensions, and open the door to anyone with an American passport to emigrate to Greece and enjoy FREEDOM.
How many Americans would empty their retirement accounts to buy a home there, sit back soaking up the sun and ouzo, whilst having their Social Security check direct deposited into a Greek bank?