Opinion of Alexis Tsipras

[jaichind]

Greece's situation reminds me of those "choose your own adventure" books I had as a kid, only every single choice you make leads to ruin.

Yep.  What Tsipras does not seem to want to make clear to the Greek population is that you cannot vote to violate basic laws of the universe.  The Greeks cannot vote to change the gravitational constant of the universe.  The result is the same no matter what.  The burden of the Greek economic adjustment will be on the backs of the Greek lower and middle class and that is not going to change no matter what or who they vote for.  All Tsipras could choose is the same choice is the that of the Ghost-busters, choosing the form destruction that will be unleashed on them. 

[jaichind]

The Greek central bank came out with a report which warns of ‘uncontrollable crisis’ if bailout talks fail.   The SYRIZA speaker of the Parliament rejected the report.  Although just today it seems the Greek government has admitted it will become the first developed country in history to default on the IMF if its creditor powers fail to strike a deal. 

[jaichind]

http://www.bloomberg.com/news/articles/2015-06-19/greece-s-ruling-party-goes-to-war-with-its-own-central-bank

Greece’s Ruling Party Goes to War With Its Own Central Bank

The game theory part of me still feel this is a Tsipras tactic to convince the rest of EU that he is not rational and that it is best they back down from this game of chicken because "Mad Tsipras" will not.

[jaichind]

http://www.obj.ca/Canada---World/2015-06-23/article-4192364/Greeces-governing-party-lawmakers-chafe-at-proposed-reforms%2C-government-says-had-no-choice/1

Now Syriza left faction is threatening to vote against a deal.  Now Tsipras might need ND votes which might not materialize as ND would have objections to this deal (if it were to take place) as well.  This is an entire mess.  Tsipras should just call a referendum and a general election at the same time.

[jaichind]

The drama never ends.  French President Francois Hollande held out hope of a deal for Greece even as German Chancellor Angela Merkel said negotiations looked to be going backward.  EU's Tusk predicts 'happy end' to Greece debt talks.  Greece's Tsipras 'confident we'll reach a compromise' in debt deal.  While the Euro-area finance ministers now have two competing proposals (one from the Greeks and one from Greece’s three creditor institutions.)