xjo weekend zoomba lounge, page-119

First of all Bluey it's petty warm in Greece at the moment.Secondly ,despite what others fear ,I think the grand plan has been that Greece either knuckle down to the worst austerity or ,as seems inevitable ,be cut loose from the Eurozone .I know that there are plenty of extreme dire predictions of outcomes if Greece defaults but to me there is no way out and when it happens we'll have plan B wheeled into place with an injection of bazooka proportions.I reckon markets are going to rally once this happens ,a good outcome for Greece as well .I humbly submit thatfundamental analysts are seeing a greek default too simply and that the default may entail a package that fences the bank defaults to some degree. The boffins have had 4 years to work on it so my very limited faith in the smarts of the powers that be would be decimated if they weren't able to put a positive spin on it.

Often things are never as straightforward as it seems