The author is a Reuters Breakingviews guest columnist. The opinions expressed are his own.
from Hugo Dixon:
Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.
The Greeks have to choose between the bad and the truly ugly in Sunday’s referendum. If I was Greek - and I’m not, although I speak the language and had a Greek great-grandmother - I would plump for the bad option, voting “Yes”.
from Morning Bid with David Gaffen:
We’re at the point now where most bets are off the table, or the ones that at least were on the table before the Greeks and the rest of Europe saw fit to walk away from one another are feeling some pain. It’s worth looking at a few of the myths that got us to this point, particularly as, in an age of Greenspan Puts, the Bernanke Helicopter, Mario-Whatever-It-Takes, and Abenomics, the prevailing expectation for investors was that things just somehow get worked out.