Boom Bust Season 2 Episode 107 Mosler: Weak Greek Position Because of Refusal to Consider Grexit

Boom Bust is a show that covers the latest financial and business news from around the world. In season 2, episode 107, the focus is on the Greek debt crisis and the country's refusal to consider leaving the eurozone, also known as a "Grexit".

The episode features an interview with economist and financial analyst Warren Mosler, who argues that Greece's weak position in the ongoing debt negotiations is due in large part to their refusal to seriously consider leaving the eurozone. Mosler believes that a Grexit would actually benefit Greece in the long run, as it would allow the country to regain control over its monetary policy and potentially boost its economy.

However, many other experts disagree, arguing that leaving the eurozone would be a disastrous move for Greece and could lead to even greater economic instability. They argue that Greece needs to work with its European partners to come up with a viable plan for restructuring its debt and stabilizing its economy, rather than considering drastic measures like a Grexit.

Despite the differing viewpoints, the episode highlights the urgent need for a resolution to the Greek debt crisis. With the European Central Bank and other key players getting increasingly impatient with Greece's slow progress in implementing reforms, time is running out for the country to come up with a workable solution and avoid a potentially catastrophic default.

Overall, Boom Bust season 2 episode 107 provides a detailed analysis of the ongoing Greek debt crisis and the various factors that are contributing to the country's current economic woes. Through informed insights from experts like Warren Mosler, the episode sheds light on the complexities of the situation and offers valuable perspectives on how to move forward.