Dr Oliver Hartwich of The Centre for Independent Studies talks about the Greek crisis and the possibility of a complete break up of the Euro zone.
As Europe considers the Greek economic bailout and the contingent austerity measures the country faces, Dr Hartwich, a Research Fellow at the CIS in Sydney, argues that "the best option for Greece isn't even on the table.
"The best option for Greece would be to default... to leave the Eurozone and to start with their own currency."
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He says the euro was introduced before the member economies were ready, with the current crisis in Greece set to continue for year to come whether the 8.4bn euro loan is passed or not.
Dr Hartwich's outlook for Europe as a whole is almost as dire.
He suggests other countries will almost certainly experience similar problems, and not just the usual southern European suspects like Spain and Portugal either. Even Belgium is on a list of potential economic fall guys.
