Comments on: Investors face a battle for clarity http://blogs.reuters.com/globalinvesting/2012/05/30/investors-face-a-battle-for-clarity/ Insights behind the investment headlines Wed, 16 Nov 2016 21:43:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: mulholland http://blogs.reuters.com/globalinvesting/2012/05/30/investors-face-a-battle-for-clarity/comment-page-1/#comment-11397 Sat, 02 Jun 2012 03:45:50 +0000 http://blogs.reuters.com/globalinvesting/?p=6662#comment-11397 Italy Spain and France can pay down debt, but they would rather renege and collapse their banking systems. I favor such a quick and dirty, nasty, brutish, and short conclusion. Jump.

]]>
By: TorrensHume http://blogs.reuters.com/globalinvesting/2012/05/30/investors-face-a-battle-for-clarity/comment-page-1/#comment-11185 Wed, 30 May 2012 21:56:18 +0000 http://blogs.reuters.com/globalinvesting/?p=6662#comment-11185 Plans for Greece or any other member to find an orderly way (or perhaps the most orderly way possible) to exit the Euro are urgently needed. In Greece’s case there is no alternative – the status quo is unsustainable and a disorderly exit as this National Bank of Greece piece points out will be a nightmare.

Just as importantly, the uncertainty about how this can happen need to be resolved. Confusion and worries about how an exit might play out is causing resources to be wasted as people speculate about possible solutions. Resources are needlessly being misallocated. The longer it drags on the greater these problems become — it is no wonder that the European economy is shrinking.

The rules of the game for an oderly exit is urgently needed, even if it doesn’t happen. At least much of the uncertainty about the “how” would be resolved.
http://www.specie-flow.net

]]>