I think Greece and the others will play the game for as long as they possibly can, draining as much as they possibly can out of the U.S.A. and any other Euro countries in an effort to avoid going back to the pre-euro days (really they never had it so good in most cases).
They will not be able to balance trade IMO. That’s just a fool’s fantasy.

They need to be able to inflate (devalue their currency) (actually so do we, but we are trying to pretend we don’t have too much debt to service, it’s laughable really but it hurts too much when I do that).