Wither Greece?

An economy is based on the movement of money,

If you cant pay it back you shouldn't kill yourself trying.

This equation is why sending all the proceeds from improved productivity to the top 1% does not help the economy as much as sending it to the other 99%. It is because the other 99% spends it on goods and services rather than hoard it, thereby increasing the velocity of money.

The Greek government hasn’t the financial power to create the kinds of infrastructure programs required, but the rest of the budding Federal European Union does. They must keep the Greek government out of the programs as much as possible because of its history of corruption and its demonstrated incompetence is handling fiscal requirements. Think of a Greater InterEuropean Highway system fully funded, controlled and managed in Brussels using Greek labor and contractors along with projects to modernize port facilities, water conservation and dam facilities, hospitals, schools, etc. within Greece. Billions of over 5 years or less..  . .The Eurozone Monetary Union was set up as a first step to a full political Federal European Union. The Germans and the French, the biggest proponents of such a union, are now in a position take the next step and demonstrate to the rest of the EU members what such a Federal Union can accomplish for the good of the states within such a union.Right now Deutsche Bank and Chancellor Merkel are strangling both Greece and the hope of a Federal Republic of Europe with the same hand.