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Saturday, July 11, 2015

Greece crisis: Time for a political solution?

http://business.asiaone.com/news/greece-crisis-time-political-solution

Greece crisis: Time for a political solution?

Leon Hadar

The Business Times


Saturday, Jul 11, 2015
So let's stop thinking for a minute or two about Germany and Greece, and consider the United States and the economic tales of two of its states.
First, there is the economy of California. In 2013, it accounted for 13 per cent of America's US$16.7 trillion gross domestic product (GDP). And California itself had a GDP that was larger than that of all but seven countries in dollar terms (the US, China, Japan, Germany, France, Brazil and the UK).
And then there is the economy of West Virginia. According to a World Bank study, it would be the 62nd largest economy globally - behind Iraq and ahead of Croatia.http://business.asiaone.com/news/greece-crisis-time-political-solution

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