After uploading your documents 30 times, them claiming they didn't get them, you would too.
Oh, and uploading them each time was pretty painful.
2 karma · joined February 19, 2015
After uploading your documents 30 times, them claiming they didn't get them, you would too.
Oh, and uploading them each time was pretty painful.
The United States (although the federal government has expanded to a level I hope does not happen in Europe) provides an example. There are many state governments which have a dire financial situation. No one suggests the abandonment of the US dollar over it - it's understood that it's possible to have one group managing fiscal policy with a different group managing monetary policy.
I think the same applies to Europe.
And I actually do think that bankruptcy would solve core issues: a clean slate would allow things to be built a new in a more sustainable way.
It's my understanding that bankruptcy did wonders for New Zealand. It's not a wonderful option, but sometimes it's all that is left. And it's the only way capitalism works.
Yes, some investors will lose that money. They were happy cashing their cheques when things were going well. Investing is a business with a risk of loss.
Not that needing a US bank account is necessarily a show-stopper, but it's more work.