Variable geometry and the choice of default within the eurozone or Grexit revisited

I am hoping to move away from Greece with this post that sums up my view on the situation. I have always believed Greece would eventually have to exit the eurozone due to the economic strictures imposed upon it. However, until the coming to power of Syriza and the latest crisis, I believed this would occur as a result of a mutual agreement in a controled fashion. Now however, I see an uncontrolled Grexit as the base case and believe this will have negative consequences for Europe. Thoughts below

I am hoping to move away from Greece with this post that sums up my view on the situation. I have always believed Greece would eventually have to exit the eurozone due to the economic strictures imposed upon it. However, until the coming to power of Syriza and the latest crisis, I believed this would occur as a result of a mutual agreement in a controled fashion. Now however, I see an uncontrolled Grexit as the base case and believe this will have negative consequences for Europe. Thoughts below
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