With an election looming at the end of the week – Greeks are preparing for the worst-case scenario: an exit from the euro and an ensuing economic crisis. Polls show that the leftist SYRIZA Party, which is against austerity and wants to cancel the Greek bailout, is winning by a slim margin heading into Sunday’s election.
A SYRIZA Party victory could mean the end of Greece and the Eurozone. Bankers in Greece say that as many as one billion euros a day are being withdrawn from Greek banks and used to stock up on food like pasta and canned goods. Whatever the pain a Eurozone exist might bring to Greece – it can be worse than five years of recession and austerity that has pushed the Greek people to the brink and forced many to literally commit suicide. It’s time to just rip the band aid off.