Disastrous borrowing and spending leads to these sort of outcomes.
I hate to say it but I agree with Soros, Greece should never been part of the Euro. I am not sure if he also meant the EU.
How about disastrous loans which can never be paid off, which only benefit the elite?
I fail to see how the average Greek citizens (not the ones in neighborhoods with a Porsche in every driveway) will be any worse off. Assuming that just about everyone in Greece has safe cash and assets somewhere where the gov can't get it, I'd think barter will do just fine. Tourists? Solid foreign currencies will cover that.
Greece has the same problem the US and a lot of other countries do. Loans were made with printing press money. They only benefitted the elite. They can never be paid off. But while this fiasco continues, the "little folk" are supposed to pay back that fake money by giving up their real assets and benefits.
The question is if at some point will the bankers and other globalist/elitist manipulators have to head for the hills?