Sanjay Negi's thoughts on Current Affairs and Information Technology Directions.

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Friday, April 13, 2012

Is Greece being slowly pushed out of Euro zone? | LinkedIn Answers | LinkedIn

Is Greece being slowly pushed out of Euro zone? | LinkedIn Answers | LinkedIn


Is Greece being slowly pushed out of Euro zone?

With LTRO 2, most German banks may reduce their exposure to Greece sufficiently to be able to withstand the tremors of Greece quitting Euro...was this the master plan to start with...no doubt others like Portugal will also face similar slow squeeze and eventual exit...looks like a masterly performance by the Germans once again.


Shouldn't the peripheries gang up and call the bluff by threatening to quit Euro in unison? There seems to be strength in numbers...else looks like they face individual slaughter...may be one per year...

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