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Greek Crisis: Eurozone to bail Greece out or to disintegrate

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Crisis in Greece has demonstrated the limitations of Eurozone as it exists today. Newsclick speaks to Professor Jayati Ghosh analysing the possibilities ahead.


Greece Jayati Ghosh crisis Newsclick Eurozone baffling impenetrable inconceivable mystifying opaque puzzling unfathomable unimaginable unintelligible Delphic beats me beyond comprehension clear as mud cryptic enigmatic fathomless incognizable inscrutable mysterious obscure perplexing sibylline unclear ungraspable unknowable believable clear comprehensible fathomable imaginable intelligible understandable incomprehensible illegible meaningless indecipherable vague ambiguous equivocal inarticulate incoherent indistinct jumbled muddled tenebrous uncertain unreadable inexplicit unexplicit meaningful decipherable classic academic attic bookish canonical humanistic Latin Hellenic Doric roman scholastic Ionic Grecian Augustan Homeric Virgilian belletristic canonic classicistic modern complicated classical uncomprehensible babble baloney gibberish gobbledygook hogwash malarkey mumbo jumbo nonsense rubbish hooey Choctaw hokum double Dutch blather tripe jabber bunk poppycock balderdash rot twaddle double-talk prating truth sense drivel Greek greek Greeks bond warrant collateral guarantee pawn pledge recognizance security surety warranty break beam axle bail balk bolster boom brace cantilever column crossbar crosspiece girder jamb joist lath lintel pile pillar plank pole post prop rafter reach scaffolding scantling shaft sill spar stanchion stay stringer strip strut stud timber transverse trestle two-by-four dip bale bucket decant dish draft off draw draw out dredge handle lade lift offer reach into shovel spoon strain raise ascend free absolve acquit bail out clear cut loose deliver demobilize discharge disengage disenthrall disimprison dismiss emancipate enfranchise extricate let loose let off let off the hook let out loose loosen manumit pardon parole put on the street ransom redeem release relieve reprieve rescue save set free spring turn loose turn out unbind uncage unchain undo unfetter unfix unleash untie bind engage employ maintain keep hold hurt suppress limit compel burden incarcerate enslave confine fasten imprison restrain hire blame sentence damn condemn injure harm agreement assurance attestation bargain certainty certificate certification charter contract covenant deposit earnest gage guaranty insurance lock oath pipe sure thing testament token undertaking vow word word of honor breach disagreement uncertainty guarantees arm crank ear grasp haft handgrip helve hilt holder knob stem stock tiller Bail greece Greece away outside absent antiquated cold dated dead ended exhausted expired extinguished finished impossible outmoded at an end behind the times demode not allowed not on old-fashioned old-hat passé ruled out unacceptable unfashionable used up animated existing incomplete interested modern new saved stored unfinished warm here possible outward without out of doors indoors inside argument altercation beef bickering blowup bone bone of contention bone to pick brannigan brawl brush clash controversy crusher debate difference of opinion disagreement dispute donnybrook dustup exchange face-off falling feud finisher flap fuss gin hassle knock down and drag out knockdown out quarrel rhubarb romp row ruckus ruction rumpus run-in scene scrap set-to shindy spat squabble static stew tiff words wrangle harmony peace agreement calm arguments aside abreast afar alone alongside apart beside by oneself down in isolation in reserve near nearby neck and neck out of the way privately separately sidewise middle asleep comatose crashed dormant dozing dreaming flaked out getting shut-eye in dreamland in repose inactive inert napping on the kip out cold out like a light out of it reposing resting sacked out sleeping slumbering snoring somnolent taking forty winks conscious attentive awake begone depart hightail leave off scat scoot scram shoo skiddoo vamoose broken busted coming unstuck defective disabled fallen apart faulty feeble gone gone to pieces gone to pot haywire imperfect in disrepair in need of repair in the shop inoperable kaput not functioning on the blink on the fritz on the shelf out of commission out of kilter out of order out of whack ruined run-down screwed up shot spent unsatisfactory weak wracked wrecked kept uplifted happy whole unbroken fixed complete perfect flowing working satisfied continuous connected repaired Out outs break down break up come apart crumble decay decompose degenerate descend disband dismantle rot sever shatter sink splinter wash out wither atomize decline deliquesce detach dilapidate disconnect disorganize disperse disunite divide molder pulverize putrefy separate spoil taint turn worsen break apart disimprove fade away fall to pieces take apart turn to dust wash away build combine develop fix flourish grow improve increase join mend put together rise strengthen unite attach collect connect couple gather link meld analyze x-ray anatomize cut up decompound determine disintegrate dissect dissolve electrolyze hydrolyze lay bare parse part resolve assemble synthesize marry waver analyzed analyzes analyzing ate bite condense corrode disappear dissipate drain exhaust gnaw liquefy melt nibble run through rust spill squander vanish waste away maintain arrive appear save preserve solidify coagulate hoard break annihilate batter burst bust bust up crack crash crush damage demolish eradicate finish off fracture fragment make hash of make mincemeat of pull to pieces rend shiver smash snap split tear torpedo total trash stay secret keep quiet allow agree secure help lose wait hide cause stabilize obey fasten aid Disintegrate Jayati Ghosh ghosh catastrophe change confrontation crunch deadlock dilemma disaster emergency impasse mess pressure situation trouble climacteric climax contingency corner crossroad crux culmination embarrassment entanglement exigency extremity height imbroglio juncture necessity pass perplexity pickle pinch plight predicament puzzle quandary stew strait trauma trial urgency big trouble dire straits hot potato hour of decision moment of truth point of no return turning point agreement benefit blessing breakthrough calm good fortune good luck happiness miracle peace solution success wonder advantage boon certainty case context crisis event eventuality fact incident occurrence position problem state status cases circumstance Moira accident action adjunct affair article cause coincidence concern destiny detail doom element episode factor fate feature fortuity happening happenstance intervention item kismet lot matter occasion particular phase place point portion proviso respect scene stipulation supervention thing time plan whole critical stage decisive point head affray battle contest dispute encounter fight meeting set-to showdown strife contingencies break chance crossroads likelihood odds opportunity probability uncertainty zero hour truth surety definiteness unlikelihood reality misfortune bad luck improbability Crisis crises
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