Comments on: Counterparties: Pondering a Grexit http://blogs.reuters.com/felix-salmon/2012/05/09/counterparties-pondering-a-grexit/ A slice of lime in the soda Sat, 18 May 2013 23:43:55 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: MrRFox http://blogs.reuters.com/felix-salmon/2012/05/09/counterparties-pondering-a-grexit/comment-page-1/#comment-38844 MrRFox Thu, 10 May 2012 06:07:50 +0000 http://blogs.reuters.com/felix-salmon/?p=13854#comment-38844 Just watch and see - the EZ is going to keep pumping money to the Greeks no matter what they do. If PIIGS try to exit the EZ it's economic death for everyone, and most decision-makers understand this. As said before, only the strong can survive the "withdrawal method". Sooner they get on with that sooner this problem can start to be solved. Greece and Germany cannot even theoretically share a common currency without the generating the kind of mess we see right now. Just watch and see – the EZ is going to keep pumping money to the Greeks no matter what they do. If PIIGS try to exit the EZ it’s economic death for everyone, and most decision-makers understand this.

As said before, only the strong can survive the “withdrawal method”. Sooner they get on with that sooner this problem can start to be solved. Greece and Germany cannot even theoretically share a common currency without the generating the kind of mess we see right now.

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