Up until late June, I thought a deal would ultimately get done. I was the first on this board to state this would last until July and that was well before the referendum. I always thought Obama wouldn't allow a Grexit. Then the picture started becoming clearer in my eyes. It started w/ the historic Russia-Greece deal on the Turkish Stream gas pipeline signed in June. Then I realized that Germany wasn't going to bend and Syrzia's actions wasn't going to help matters. In the end, I believe what yanis is saying about Germany's intentions. Greece did cave in the end w/ French influence but it still won't be enough for Germany. Grexit will happen and Greece will gradually leave the euro. No way Greece succumbs to giving up their land/islands. Just my 2 cents.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.