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Old 17-06-2012, 18:32   #879
Chris
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Re: Eurozone will collapse...

The poling stations are shut, and early exit polls are too close to call. If they are precisely accurate, pro-austerity New Democracy has a 0.5pc lead over anti-austerity Syriza. Each party has polled between about 27 and 30pc of the total vote.

My view is that Syriza needs to win this so Greece rapidly moves to default, rupturing the Euro and bringing about the turmoil we all know is coming sooner or later. We need to take the hit and get on with fixing it. No solution is possible while the Euro-elites keep pretending that sticking-plaster solutions can win the day.

If New Democracy wins, then Greece will suffer a longer, more painful death spiral and we will have to wait until Spain or Italy runs out of money before the inevitable Eurogeddon occurs.
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