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Notes:
- Vinny mentioned the ability of the Scottish parliament to possible block exit from the EU. While it is true that an exit would require "consent" of the Scottish parliament, it's still unclear whether they would actually be able to block an exit. I guess it if the Scottish parliament voted to block an exit it might provide a good excuse for English lawmakers to backtrack, but I don't know enough about British politics to make a judgment one way or the other.
- We forgot to mention that a large part of Greece's financial crisis was exacerbated by Goldman Sachs aiding the concealment of debt from the rest of the EU. Read a little about it here.
- The retirement age in Greece was 65 prior to austerity. Not terribly different than other EU member states.
- The Greeks also work more hours than many other OECD states. They work more hours per year than the Germans, the French, and the British. The idea that Greece was in financial trouble because of an overly generous welfare state or lazy workers is mostly fiction.
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