GREECE

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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PassionateIgnorance

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GREECE

posted on Jun 30, 2015 09:52AM

To put things in perspective:

Greece’s IMF loan that they “default” on is $1.6B. That’s roughly Wal-Mart’s revenue every 30 hours.

Greece is an extremely small economy. Their total output is about the size of Houston’s.

This isn’t 2010. The Eurozone is much better prepared to handle a worst case scenario in Europe. The firewalls have been put in place whether it’s swap lines, ESM, QE, LTRO, etc.

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