> Greece is not just insolvent, it's also practically a failed state.
Syria, Iraq - those are failed states. Greece just managed to organise a democratic referendum peacefully and efficiently - within a week. A failed state looks different to me.
I don't entirely agree with the concept that it's a failed state, but the fact that it doesn't look like other "failed states" doesn't mean much. If two companies go out of business and one had a crazy employee go on a killing spree you wouldn't say the other company hadn't failed because all it's former employees were still alive.
Syria, Iraq - those are failed states. Greece just managed to organise a democratic referendum peacefully and efficiently - within a week. A failed state looks different to me.