Greece is back! We won’t bore you with the details but it seems there’s doing crisis level meetings (again) on the fact that Greece needs money, and it needs money to pay people it owes money, and they want Greece to die of starvation rather than not paying them, which is not acceptable to Greece, and so on. So David Einhorn supposedly created this awesome graphic: If you want a “You are here” marker, imagine a red dot running round and round this little circle. Currently it’s at the point where “Solution has no substance or won’t work”. The best thing for Greece is to walk away from the Eurozone, but politically they have be thrown out as if it was the last option, otherwise the blame will be on Syriza. They now have enough support at home to ditch a deal that involves even a teeny weeny bit more austerity.… (Read On…)
[via Capital MindCapital Mind]
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