Periodic World Craziness Update # 6
The latest month’s wackiness in the world of international relations, politics, and  brinkmanship. Europe rocked by Spanish banking crisis, Time to Admit Defeat: Greece Can No Longer Delay Euro Zone Exit:  At the top of the news for a week or so was the impending meltdown of the Greek economy and Euro experiment. Greek euro exit looms as G8 gathers:  The question in my mind is not if Greece will leave the Euro, but when and what will be the wider consequences for the EU as a whole?  As I understand it, there is no mechanism for an EU country to exit the Euro without repudiating the EU treaty itself and also leaving the … More after the Jump…