Posts tagged Eurozone
Editor's Note
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Flowchart: Greek Debt Crisis End Points
If you’re wondering what’s going to happen to Greece, here’s a handy flowchart detailing the possible outcomes; from boring muddle-through victory, to the collapse of the Eurozone and a second, even more calamitous global recession.
Via Zero Hedge
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“The novelty of giving Greece $100 billion dollars every fortnight will wear off at some point”.
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On What Will Happen to the Eurozone
Everyone seems to think the Eurozone is doomed. That’s not quite the case; Germany has bought the region time to muddle through until 2013, theoretically allowing soft, orderly defaults instead of a panicked contagion.
What is clear however, is that the Eurozone won’t continue in its current form. So what’s likely to happen next for the troubled region?
