While Greece’s political leadership was continuing with its game of charades (Will they sign? Will they not?), the country is being led down the garden path, once again. The debt-deflationary downward spiral will be given another impetus. Here I tell CNBC that Sisyphus’ optimal strategy is to stop pushing the rock up the hill. And that the assumption that if Greece defaults it must exit the eurozone is a motivated lie: CNBC 7th February 2012: Greece must default within the eurozone
Greece should default within the eurozone: On CNBC
08/02/2012 by YanisV
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