Hoosier's note: I have said, repeatedly, that the Greek debt crisis will be resolved and there won't be a GREXIT!
I didn't say that lightly.
I have been following the European Debt Crisis very closely. And, I understand the history and the purpose of the formation of the Eurozone--to avoid wars in Europe.
You would have thought that Germany would allow the Euro to collapse with the exit of Greece. But, the truth is, everybody loves Euro, especially the Germans.
Without the Euro, the Deutsche Mark would be TOO STRONG and that would hurt Germany's exports.
And, without the Euro, Greece will default on its debts and nobody will ever do business with it, ever!