"The middle years - the eighteen-seventies, 'eighties, 'nineties - were a time of moral bankruptcy when men stole millions by a stroke of the pen or by the simple expedient of printing tons of worthless paper."

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Greece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.

— Wolfgang Schauble