14.6.11

Greece Endgame, pt. 2

In other words, while Greece is probably lost, the details of exactly how you decide to retreat will have a big impact on how investors and governments in Portugal and Ireland act. Time to move on to the next battle.

Put another way: if you do this right, the crisis could end here. If you do it wrong, you can multiply the crisis by three.

streetlightblog

No comments: