Pushback on the imminent Grexit meme

I still find it hard to believe a Greek exit from the euro zone is imminent. So it's good to see someone push back on the concept that a Greek exit from the euro zone is imminent. John Dizard at the FT does just this in a piece out today entitled "Everybody chill – Grexit is not really imminent". When I wrote more on the political economy of the coming Grexit last Monday, I said "I still think the bar is very high here" and outlined three high hurdles a Grexit would have to clear. I followed this up with a non-member post that mirrors Dizard's language: "Although my post at US News makes it seem like a Greek exit is imminent, I still believe that we are going to see more ways of extending this because the euro zone is not ready politically for what the consequence...


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