On Grexit:
- Ex-SNB Head / Blackrock CIO - HILDEBRAND SAYS SEES NO SHORT-TERM CONTAGION ON POSSIBLE GREXIT
- Dutch Central Bank - GREXIT WOULD SHOCK FINANCIAL MARKETS: DUTCH CENTRAL BANK
and now
- ECB - *NOYER: EURO ZONE FIREWALLS OFFER PROTECTION FROM GREEK DEFAULT
You decide...
With the space of a few hours Europe proved once again how inane its 'union' is with the Swiss (former SNB head and now Blackrock CIO Hildebrand) and Dutch Central Banker Job Swank (awesome name) diametrically opposed in terms of comprehension (real or perceived).
- *HILDEBRAND SAYS SEES NO SHORT-TERM CONTAGION ON POSSIBLE GREXIT
- *HILDEBRAND SAYS UNCLEAR WHAT WOULD HAPPEN LONG-TERM ON GREXIT
But Holland thinks differently: [6]
The impact of Greece leaving the eurozone would be hard to calculate, but would certainly create an economic shock, Job Swank, chief economist at the Dutch central bank, or DNB, said on Monday, adding that he does not expect the so-called Grexit-scenario to unfold.
It seems the DAX is pretty sure...
[7]
The question is, does ex-SNB Governor Hildebrand know perfectly well
that Dutch Central Banker Swank is correct and, given the liquity fears
that Blackrock itself have prognosticated on, has to talk this way in
order to enable his new company Blackrock to live?
And then there's this...
- *SCHAEUBLE SAID WILLING TO LET GREECE EXIT EURO WITHOUT REFORMS
Charts: Bloomberg
