Hardly a surprise to anyone, but here it is black on white - Greece officially makes the odds for a Euro departure well over 50%:
- TSIPRAS SAYS GREEK RESULTS MAKES BAILOUT ACCORD NULL AND VOID
- TSIPRAS SAYS GREEKS HAVE VOTED AGAINST BARBARIC BAILOUT
- TSIPRAS SAYS WON'T JOIN A GOVT OF NATIONAL SALVATION FOR LOAN
- TSIPRAS SAYS GREEKS HAVE ENDED PLANS FOR ADDITIONAL AUSTERITY
- TSIPRAS SAYS TO REDISTRIBUTE TAX BURDEN, DEVELOP GROWTH PLANS
- TSIPRAS SAYS WILL STICK TO PRE-ELECTION PLEDGES
- TSIPRAS ASKS VENIZELOS, SAMARAS TO RENEGE PLEDGES IN WRITING
And here it comes
- GREECE'S TSIPRAS SAYS WANTS INTERNATIONAL COMMISSION TO INVESTIGATE IF GREECE'S DEBT IS LEGAL
- TSIPRAS SAYS MUST BE MORATORIUM ON GREEK DEBT PAYMENTS
Remember Odious Debt [3]?
EURUSD and all other risk assets, so carefully bought by US traders as they walked in this morning, are now sliding.