Goldman recently warned that they are "more worried than we have been since the start of the Euro area crisis," and judging by the extraordinary surge in "Grexit" headlines, it appears this time is different from 2012...
With tomorrow appearing like "G"-Day, we wonder if this is indeed 'peak Grexit' or if this is the start of something different?
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Source: Bloomberg
and with the "Take It Or Leave It" ultimatum from Greece now, we suspect - also as Goldman warned - Given the systemic nature of the ‘shock’, we doubt that even the major markets would be unaffected.
