Tag: Greek Exit
Eurozone “plan” – an Oxymoron.
Talk of “firewalls” and “rebuilding” balance sheets and other construction-related metaphors are wearing a bit thin.
So far, they’ve clearly demonstrated that they would have difficulty in planning their way out of a wet paper bag.
Greek Texas Hold ‘Em
The Greek Syriza leader has the measure of the Eurozone sheep.
You may not agree with his politics but Alexis Tsipras is THE ONE that Eurozone leaders do NOT want to negotiate with.
They have been bluffing that they’re “ready” for a Greek Euro exit. It’s all talk!
They are NOT ready and Tsipras KNOWS IT . He also knows that a Greek exit (forced or otherwise ) would not-only create economic and banking havoc but that the after-shocks would be felt all around the world.
He’s willing to call their bluff because he realises that countries such as China & Russia are standing-by and would immediately move in with investment.