Greece is too small to matter. Even the contagion effect may be too less to impact. Europe's systemic safety fund net may be more than needed to withstand a panic. The market has disregarded rhetoric and factored in reality of a possible Greek exit. So there may be no immediate collapse.
However, it is the symbolism that matters. Can Europe afford to let Greece go? What a catastrophe of a message from Germany as the great leader of s great team though still evolving.
For that reason of symbolic message Germany may hesitate to let Greece go. They might hammer the euro and Greece down as much as they can. They might bend but never break .
Without any risk or responsibility
However, it is the symbolism that matters. Can Europe afford to let Greece go? What a catastrophe of a message from Germany as the great leader of s great team though still evolving.
For that reason of symbolic message Germany may hesitate to let Greece go. They might hammer the euro and Greece down as much as they can. They might bend but never break .
Without any risk or responsibility
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