Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: bruinbirdman

Spot on, good sir.


26 posted on 05/25/2012 5:46:43 PM PDT by Army Air Corps (Four Fried Chickens and a Coke)
[ Post Reply | Private Reply | To 25 | View Replies ]


To: Army Air Corps
The Greek exit hypothetical is understated.

However, because of the dire consequences of a Greek exit, EU will stall until after the Greek and French parliamentary elections.

Eventually, IMO, EU will compromise with Greece.

A Greek exit from the euro would lead to a collapse of the single currency.

Who would invest in any euro sovereign debt if it could be defaulted at a whim?

yitbos

27 posted on 05/25/2012 5:57:40 PM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson