Kyle Bass: Greece a failed state, Euro will collapse, Japan debt crisis next (user search)
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  Kyle Bass: Greece a failed state, Euro will collapse, Japan debt crisis next (search mode)
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Author Topic: Kyle Bass: Greece a failed state, Euro will collapse, Japan debt crisis next  (Read 8798 times)
Middle-aged Europe
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« on: May 12, 2012, 06:52:21 AM »

The Euro will (probably) not collapse. It seems likely that Greece is going the leave the Eurozone though. (And it will be for the best of both Greece and the rest of the Euro states.)
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Middle-aged Europe
Old Europe
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*****
Posts: 17,275
Ukraine


« Reply #1 on: May 12, 2012, 02:02:16 PM »

The Euro will (probably) not collapse. It seems likely that Greece is going the leave the Eurozone though. (And it will be for the best of both Greece and the rest of the Euro states.)

If Greece leaves it will trigger contagion. Look what happened when Lehman Brothers collapsed.

Apples and oranges.
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