The European Union faces a tough consideration–whether or not to allow Greece to downgrade the value of the Euro. In October alone, value of the Euro went down by 0.6 percent against the American dollar. Now, Greece faces the potential expulsion from the Union entirely, a fate that could cause potential unrest.

Greece’s current national debt has reached approximately $413 billion, they now have more debt than its entire economy generates, registering them at a “junk” credit status. This has the potential to impact the United States due to the U.S. currently owning part of their debt. Senior Lameese Madi said it can teach the country why national debt must be managed.

“I think it impacts us, it shows how an economy can blow up in a country’s face,” Madi said. “We should use it as a lesson on how to make our own economy as a nation better.”

It impacts the United States because of current assets vested in the European economies, fear impacts all 17 that operate on the Euro by downgrading their countries’ dollar values as well.

The “spreading of a contagion” in Europe by German Finance Minister Wolfgang Schäuble, has brought forth another option, internal devaluation, a much more difficult option with no transition period built in. Madi said either way, Greece will affect the Union.

“I think kicking them out will make it worse,” Madi said. “It won’t fix anything. Greece may still affect the Union in some ways even though they were kicked out.”

Decisions on the fate of Greece as a member of the European Union remains undecided, but the decision is planned to be made within the coming weeks.