THE BIG QUESTION...
Will the Grexit be Euro positive, or Euro negative?
Place your bets, ladies and, uhm, err, "gentlemen."
What is my thesis? Short term Euro positive...long term very Euro negative as the other PIIGS are slaughtered, as and when needed, by the American/British Treasuries covering money printing operations...
WHO REALLY KILLED GREECE.
Germany, like Japan, are post-war pawns. Their currencies are DESIGNED to be debased, as and when needed, to achieve synchronized diving with the pound and dollar. If Germany wasn't in the Euro, its prior experience with hyper-inflation would prevent it from debasing when instructed to do so (obviously not a problem with the Nips). Both countries go along as willing pawns simply because they have been re-created post-war as export nations totally reliant on weak currencies.
The PIIGS profligate spending has ALWAYS been there, like a fat store, and can be used by the brain when needed to feed the body.
What say ZeroHedge?