# Another Greece default question

**URL:** <https://boards.straightdope.com/t/another-greece-default-question/598673>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [October 5, 2011, 12:05pm UTC](https://boards.straightdope.com/t/another-greece-default-question/598673 "2011-10-05T12:05:36Z")\
**Posts on this page:** 2\
**Page:** 1

<div class="post-metadata">

**Author:** ![Nobody](https://avatars.discourse-cdn.com/v4/letter/n/94ad74/32.png) [@Nobody](https://boards.straightdope.com/u/Nobody)\
**Post date:** [October 5, 2011, 12:05pm UTC](https://boards.straightdope.com/t/another-greece-default-question/598673/1 "2011-10-05T12:05:36Z")

</div>

Hypothetical question here asked out of curiosity.

Let’s say it’s the 11th hour and Greece has not lived up to its obligations needed for the bail-out and so will default on its debt. What the most likely outcome?

1. They’ll get the bail-out anyway.
2. They’ll get kicked out of the Eurozone before they default.
3. They’ll default while in the Eurozone.
4. Something else.

---

<div class="post-metadata">

**Author:** ![ralph124c](https://avatars.discourse-cdn.com/v4/letter/r/8797f3/32.png) [@ralph124c](https://boards.straightdope.com/u/ralph124c)\
**Post date:** [October 5, 2011, 4:09pm UTC](https://boards.straightdope.com/t/another-greece-default-question/598673/2 "2011-10-05T16:09:42Z")

</div>

The germans will bail them out. However, long term, there is NO way that Greece can ever repay its debts.  
So I forsee a long period where bond payments are frozen, debts forgiven, etc., after which Greece will emerge as indebted as ever.☹