With the Euro-Zone levering Greece like legend has it that the I.M.F. levers nations that borrow from it, one wonders if Greece facing the prospect of being kicked out for default will look to the Russ-o-Zone, the China-Zone or even the Fagg-o-Zone for economic relief.
The Fagg-o-Zone states of the U.S.A., Canada and Britain have experience with quantitative easing from their central banks wherein they take bad debt from the sovereign big banks and sell it to their mint federal reserve when times are tough. Easily the Fagg-o-Zone could buy Greece and make it a protectorate as could the Russ-o-Zone, China-Zone etc.
